December 24, 2014
Two years after Vattenfall brought Germany to international arbitration for a second time (Vattenfall II), the German public is still left out in the dark. This briefing note reviews the background to the case on Germany’s decision to phase out nuclear power and outlines its current state of play. A commentary follows on the transparency provisions applicable to arbitrations at the International Centre for the Settlement of Investment Disputes (ICSID), and discusses how some ICSID tribunals have dealt with matters of transparency and confidentiality. Finally, it argues for the release of decisions, orders, and submissions by the parties to the public, noting that there is nothing in the ICSID Rules that would disallow this type of transparency.