Stability and Legitimate Expectations in International Energy Investments

This book examines stability guarantees in international energy investments through the lens of the legitimate expectations principle, offering a new perspective on the stability concept. It analyzes the interaction between stability and legitimate expectations and provides detailed analyses of recent energy investment arbitral awards. The author argues that the legitimate expectations principle should be employed as the main investment protection tool when disputes arise due to unilateral host state alterations.

Format: Paperback / softback
Length: 304 pages
Publication date: 20 April 2023
Publisher: Bloomsbury Publishing PLC

This comprehensive book delves into the realm of stability guarantees, employing the lens of the legitimate expectations principle to provide a fresh perspective on the concept of stability in international energy investments. Through an in-depth analysis of the interplay between stability and legitimate expectations, the book uncovers a multitude of opportunities for energy investors to present their cases before arbitral tribunals.

The book offers detailed examinations of recent energy investment arbitral awards from Spain, Italy, and the Czech Republic, serving as a reflection on the current state of the art in the legitimate expectations debate and its interconnectedness with the stability concept. The author posits that for the attainment of stability, the legitimate expectations principle should be regarded as the primary investment protection tool when disputes arise due to unilateral host state alterations.

This timely and valuable work is of immense utility to scholars and practitioners alike, with a keen interest in international energy law, investment treaty arbitration, and international investment law.

Dimension: 234 x 156 (mm)
ISBN-13: 9781509952076