Back to Search
Start Over
Legal strategies for the mitigation of risk for energy infrastructure projects.
- Source :
-
Journal of Energy & Natural Resources Law . Feb2019, Vol. 37 Issue 1, p47-66. 20p. - Publication Year :
- 2019
-
Abstract
- The world continues to recover from the global financial crisis of 2007-2009 and consequently project risk continues to be a key concern for lawyers. This is in particular evident in the energy sector where there is a significant need to finance energy projects. This paper focuses on electricity-generating infrastructure where estimates indicate that a minimum of $10tn in investment is needed by 2040. As lawyers need to play a role in reducing the risk for these projects, this article examines legal strategies for the mitigation of risk for energy infrastructure projects with a focus on electricity projects. The paper assesses risk for project finance in terms of liberalised and non-liberalised electricity markets, and also from a developed and developing world perspective. Further, the paper notes that energy law theory states that the need for energy infrastructure is a key driver of energy law and policy development in the world at the moment. And finally, it is acknowledged that, while project finance has been a research issue for economists for many years, it is time for lawyers to evaluate how they also can mitigate risk for project finance for energy infrastructure projects. [ABSTRACT FROM AUTHOR]
- Subjects :
- *ELECTRIC power production
*PROJECT finance
*INVESTMENTS
Subjects
Details
- Language :
- English
- ISSN :
- 02646811
- Volume :
- 37
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Journal of Energy & Natural Resources Law
- Publication Type :
- Academic Journal
- Accession number :
- 134560535
- Full Text :
- https://doi.org/10.1080/02646811.2018.1455338