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The global energy sector is in flux, transitioning from reliance on fossil fuels to clean energy sources at an unprecedented pace. This book explores the complex interplay between this transition and international investment law. The book navigates the tension between attracting crucial and expensive investments in clean energy and protecting a state's right to regulate its energy sector for environmental and other reasons. It analyses how international treaties and investment arbitration tribunals are evolving to address these challenges, examining how the scope of investment protection is being redefined and the delicate balance between stability and regulatory flexibility is being recalib...
Global energy is on the cusp of change, and it has become almost a truism that energy is in transition. But what does this notion mean exactly? This book explores the working hypothesis that, characteristically, the energy system requires a strategy of the international community of states to deliver sustainable energy to which all have access. This strategy is for establishing rules-based governance of the global energy value-cycle. The book has four substantive parts that bring together contributions of leading experts from academia and practice on the law, policy, and economics of energy. Part I, 'The prospects of energy transition', critically discusses the leading forecasts for energy a...
With the rapid growth of the renewable energy sector, it has become increasingly important to understand how renewable energy is defined in national laws around the world and what regulatory mechanisms these countries are deploying to achieve their renewable energy goals. In Renewable Energy Law: An International Assessment, Penelope J. Crossley compares the national renewable energy laws for each of the 113 countries that have such a law, shedding light on the question of whether energy laws are converging globally to facilitate trade or engaging in regulatory competition. The book includes over sixty extracts from different national laws, case studies on the European Union and the Chinese wind sector, and many examples of the particular challenges facing specific countries. This work should be read by scholars, policymakers, regulators, employees of commercial entities operating in the energy sector, and anyone else interested in the legal and regulatory landscape of renewable energy.
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