Lexis®Library update: The survey examines two key themes: the prevailing drivers of disputes in short to medium term which have developed over the past 12 months, and how international commercial arbitration can adapt to best serve the needs of the energy sector.
Key issues and findings discussed in the report include:
•causes of energy disputes
•impact of the energy transition
•the increasing concern of security for energy supply
•the significant impact of sanctions on contractual performance
•arbitration as the most suitable forum for resolving energy disputes
•calls for innovation to drive greater efficiency and early decision-making in arbitration
•the minimal influence of green credentials on the choice of arbitration participants
•the increasing importance of third-party funding
•Investor-State Dispute Settlement and the modernisation of the ECT and the EU proposals on the creation of a multilateral investment court
Source: Future of International Energy Arbitration Survey Report 2022
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 23 January 2023 and is published with permission. Further information can be found at: www.lexisnexis.co.uk.
