Eight leading civilian nuclear power plant vendors announced on 15 September their adoption of six principles as a code of conduct to achieve global best practices in exporting nuclear power plants.

The six principles range from physical safety and security to ethics and compensation for damage in the event of an accident. The agreement, which is not legally binding, emerged from a three-year process to ensure corporate standards and responsibility.

The Carnegie Endowment for International Peace, the initiative’s facilitator, said the Principles of Conduct reinforce and enhance existing codes, standards and regulations. Development of the principles began well in advance of the Fukushima nuclear accident, but the completed text reflects initial lessons learned from the accident.

Companies adopting the principles include Areva, Atomstroyexport, Candu Energy (successor exporting company to Atomic Energy of Canada Ltd.), GE Hitachi Nuclear Energy, Korea Electric Power Co (Kepco), Mitsubishi Heavy Industries, Toshiba and Westinghouse Electric Co.

China National Nuclear Corporation participated in early talks but did not adopt the code.

For more nuclear news click here