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Force Majeure in the Hydropower Industry

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<div>This book aims to highlight the particular situation faced by certain hydropower companies by the fact that they cannot fulfil their contracts due to force majeure.&nbsp; The first part of this book will be an analysis of how water is used in electricity production. It is&nbsp; important to point out that all types of energy sources use water, to a different extent,&nbsp; of course, and that its spatial and temporal availability is very important. The focus&nbsp; will be on hydropower, presenting the current situation at the global level, and the effect of reducing the amounts of water in the river system.</div><div><br></div><div>The second part is based on the presentation of the concept of force majeure and the&nbsp; ways of presenting and drafting it in a contract. Many disputes or the success of a&nbsp; contract depended heavily on the provisions of this article of the contract. Obviously,&nbsp; there are also situations in which the signatory parties abuse or are not protected&nbsp; by these provisions of force majeure. Starting from a few brief examples from the&nbsp; international level, we reach a wide discussion of the situation created in Romania,&nbsp; when the largest supplier of electricity produced on the basis of water terminates&nbsp; several contracts invoking force majeure. The manner in which the opinion of the&nbsp; parties involved is presented to the court is analyzed and presented in detail.</div>

Force Majeure in the Hydropower Industry

Blick ins Buch

  • Autor: Daniel Constantin Diaconu
  • Format: PDF
  • DRM: social-drm (ohne Kopierschutz)
  • Erscheinungsdatum: 22.03.2023
  • Herausgeber: SPRINGER
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