The Charpy impact energies of a reactor pressure vessel (RPV) steel in the as-received and several thermally embrittled conditions have been assessed on the basis of microstructural parameters. It has been concluded that the parameters controlling the impact-absorbed energy of pre-cracked and side-grooved Charpy test specimens are the equivalent grain size of dual-phase annealed microstructures, and the bainite packet size of single-phase quenched and tempered materials. The Charpy energy has been correlated very well with the reduction in area and true fracture strain of tensile specimens, which could be inferred as grain size governed mechanical properties. (C) 2003 Kluwer Academic Publishers.