ECT

Energy Charter Treaty

Aftershock in Groningen
How Shell and ExxonMobil use arbitration to offload the costs of closing the Netherlands’ largest gas field.
Spain makes first payment in lengthy renewable energy fight
The Spanish government made its first payment as a result of an arbitration decision in 2021 around the country’s move to change investor incentives tied to renewable energy projects, following a number of lengthy legal battles between Spain and various creditors.
Recent fossil fuel arbitration claims based on the ECT: the urgency of neutralizing the sunset clause
The Energy Charter Treaty (“ECT”), the most widely used investment treaty, has become highly controversial for enabling investors to challenge national policies aimed at achieving climate goals through its ISDS mechanism, leading to a phenomenon known as “regulatory chill.
US court sides with MOL: Croatia ordered to pay $200 million in damages
A US federal court has dismissed Croatia’s request to block the enforcement of a 2022 arbitration ruling in favor of Hungarian energy giant MOL.
Energy Charter Treaty irrelevant to Africa
The Energy Charter Treaty not only locks countries into outdated fossil fuel investments but also hampers their ability to pursue sustainable, climate-friendly energy policies.
British oil company files lawsuit against Kazakhstan
British oil and gas company Victoria Oil & Gas has filed a lawsuit against Kazakhstan, citing provisions under the Energy Charter Treaty.
EU Commission tells Spain not to pay up in long-running renewable subsidies case
The European Commission handed Spain a victory when it instructed the country not to pay any compensation in a case related to claims amounting to billions of euros on renewable energy subsidies cut more than a decade ago.
Romania loses Washington lawsuit over Dobrogea wind farm
The Romanian state has lost a lawsuit pending before the International Court of Arbitration in Washington, initiated in 2020 by an investor in the renewable energy sector.
GreenX Metals defends £252 million award against Poland
GreenX Metals Limited has confirmed its stance in defending the £252 million arbitration award granted to the company, following Poland's recent legal challenges.
Investment arbitration and the never-ending MOL v. Croatia saga
The intersection of international investment law and domestic politics often leads to high-profile arbitration cases, with the annulment of awards frequently making headlines.