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Alternative Dispute Resolution in Energy Industries
Hardcover
Series: Routledge Research in Energy Law and Regulation
ISBN13: 9781032181073
Publisher: Routledge
Published: Apr 4 2022
Pages: 256
Weight: 1.24
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
The disputes that arise between host states and investors in the energy sector put a high number of valuable and vital projects in the countries at risk. Investment treaty arbitration mechanisms, as the traditional remedy, have provided a solution to these problems for decades. However, as the number of disputes increases, the sufficiency of arbitration in responding to disputes became questionable in addition to the long-lasting and costly cases. Accordingly, ADR mechanisms outside the arbitration cannon have triggered growing interest among practitioners.
This study has been conducted to research the gap for the applicability of the ADR methods for investment disputes in the energy sector with the doctrinal analysis of the existing literature either promoting or opposing ADR. Its findings provide guidance for alternative dispute resolution practitioners on when to use ADR, how to use ADR and on what disputes ADR to be used to resolve conflicts in International Energy Investment.
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