Charanne case: investors defeated in first ECT solar claim arbitral award

2.50
Hdl Handle:
http://hdl.handle.net/10547/622276
Title:
Charanne case: investors defeated in first ECT solar claim arbitral award
Authors:
Baltag, Crina
Abstract:
There are over thirty arbitrations based on the provisions of the Energy Charter Treaty (‘ECT’) registered against Spain and arising out of the photovoltaic solar electricity incentives granted by Spain to its investors in this renewable energy field. Promoted under the slogan ‘The sun can be yours’, the incentives granted by Spain attracted a record number of investments. The first arbitral award issued in this series of cases concerned the dispute between Charanne B.V. and Construction Investments S.à.r.l, as Claimants, and Spain, as Respondent. While the arbitral tribunal upheld jurisdiction, it rejected Claimants’ claim and dismissed the allegations of breaches of fair and equitable treatment and expropriation standards under the ECT. Although this arbitral award is not binding on subsequent arbitral tribunals, the reasoning of the tribunal in the Charanne case is of utmost importance as it confirms that the ECT is available for intra-European Union disputes. On the other hand, it is interesting to see how the other cases based on the same regulatory scheme will develop, as the tribunal in the Charanne case dismissed Claimants’ claims in full.
Citation:
Baltag C. (2018) 'Charanne case: investors defeated in first ECT solar claim arbitral award', Revista Romana de Arbitraj.
Journal:
Revista Romana de Arbitraj
Issue Date:
1-Jan-2018
URI:
http://hdl.handle.net/10547/622276
Type:
Article
Language:
en
ISSN:
1842-6859
Appears in Collections:
Law

Full metadata record

DC FieldValue Language
dc.contributor.authorBaltag, Crinaen
dc.date.accessioned2017-10-12T09:32:18Z-
dc.date.available2017-10-12T09:32:18Z-
dc.date.issued2018-01-01-
dc.identifier.citationBaltag C. (2018) 'Charanne case: investors defeated in first ECT solar claim arbitral award', Revista Romana de Arbitraj.en
dc.identifier.issn1842-6859-
dc.identifier.urihttp://hdl.handle.net/10547/622276-
dc.description.abstractThere are over thirty arbitrations based on the provisions of the Energy Charter Treaty (‘ECT’) registered against Spain and arising out of the photovoltaic solar electricity incentives granted by Spain to its investors in this renewable energy field. Promoted under the slogan ‘The sun can be yours’, the incentives granted by Spain attracted a record number of investments. The first arbitral award issued in this series of cases concerned the dispute between Charanne B.V. and Construction Investments S.à.r.l, as Claimants, and Spain, as Respondent. While the arbitral tribunal upheld jurisdiction, it rejected Claimants’ claim and dismissed the allegations of breaches of fair and equitable treatment and expropriation standards under the ECT. Although this arbitral award is not binding on subsequent arbitral tribunals, the reasoning of the tribunal in the Charanne case is of utmost importance as it confirms that the ECT is available for intra-European Union disputes. On the other hand, it is interesting to see how the other cases based on the same regulatory scheme will develop, as the tribunal in the Charanne case dismissed Claimants’ claims in full.en
dc.language.isoenen
dc.subjectenergyen
dc.subjectinvestment treaty arbitrationen
dc.subjectinternational arbitrationen
dc.titleCharanne case: investors defeated in first ECT solar claim arbitral awarden
dc.typeArticleen
dc.identifier.journalRevista Romana de Arbitrajen
dc.date.updated2017-10-12T09:25:15Z-
dc.description.noteIf this is to be eligible for REF, it is going to need a full text file attached. I can't find any information about which version this publisher will permit, I would suggest the post-print (ie final draft post-refereeing) RVO 9/10/17 Researcher re-submitted without file so passing as metadata only RVO 12/10/17-
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