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Book Cover
E-book
Author Diaconu, Daniel Constantin, author

Title Force majeure in the hydropower industry : concepts and case studies / Daniel Constantin Diaconu
Published Cham, Switzerland : Springer, 2023
©2023

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Description 1 online resource (xi, 156 pages : illustrations (chiefly color))
Contents The Energy Context in Romania -- Water for Energy Versus Energy for Water -- Energy Sectors that Use Water -- The Context for the Development of the Global Hydropower Sector -- The Impact of Drought on the Hydropower Domain -- Force majeure -- Sample contractual provisions in a force majuere contract -- Concrete Cases of Invocation of Force Majeure -- Romania, in the European Energy Market -- Settlement of the Dispute: Case of Hidroelectrica Corporation Invoking the Force Majeure Clause -- Electricity, systemic crises and environmental policies
Summary 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. The first part of this book will be an analysis of how water is used in electricity production. It is important to point out that all types of energy sources use water, to a different extent, of course, and that its spatial and temporal availability is very important. The focus 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. The second part is based on the presentation of the concept of force majeure and the ways of presenting and drafting it in a contract. Many disputes or the success of a contract depended heavily on the provisions of this article of the contract. Obviously, there are also situations in which the signatory parties abuse or are not protected by these provisions of force majeure. Starting from a few brief examples from the international level, we reach a wide discussion of the situation created in Romania, when the largest supplier of electricity produced on the basis of water terminates several contracts invoking force majeure. The manner in which the opinion of the parties involved is presented to the court is analyzed and presented in detail
Bibliography Includes bibliographical references
Notes Print version record
Subject Water-power -- Law and legislation
Electric power production -- Law and legislation
Vis major (Civil law)
Electric power production -- Law and legislation
Vis major (Civil law)
Water-power -- Law and legislation
Form Electronic book
ISBN 9783031274022
3031274024