Vattenfall AB and others v. Germany, ICSID Case No. ARB/12/12

>Claimant : Vattenfall AB; Vattenfall GmbH; Vattenfall Europe Nuclear Energy GmbH; Kernkraftwerk Krümmel GmbH & Co. oHG; Kernkraftwerk Brunsbüttel GmbH & Co. oHG
>Nationality : Sweden, Germany, Germany, Germany, Germany
>Respondent : Germany
>Procedural rules applied : ICSID
>Chair : Albert Jan van den Berg
>Arbitrator appointed by Claimant : Charles N. Brower (Daniel Price replaced)
>Arbitrator appointed by Respondent : Vaughan Lowe
>Invoked instruments : ECT
>Case status : Settlement agreed
>Year of the award or agreement : 2021
>Year of registration : 2012

>Subject matter of the dispute: Thirteenth Amendment of Atomic Energy Act regarding the phase-out of nuclear power plants in Germany by 2022
>Amount claimed:EUR 4.3 billion
>Amount awarded: ZERO
>Costs of arbitration: N/A
>Award legal costs: Each party bears its own legal costs
>Award costs of arbitration: Parties share costs equally

ARBITRAL DECISIONS

31 August 2018

Decision on the Achmea Issue

2 July 2013 - Decision pursuant to ICSID Arbitration Rule 41(5)

9 November 2021 - Order of the Tribunal taking Note of the Discontinuance of the Proceeding