With a rapidly-emerging energy market set to fuel a rise in disputes, we explore how arbitration could offer the solution.
A global transformation of the energy sector is underway. Markets appear to now accept that deployment of hydrogen at scale could be the next major energy source from around 2030. For that daunting goal to be realised, hydrogen must transition from emerging technology to mainstream commodity within a matter of years.
In this article, we explain how quickly developing a fledgling energy market at scale while relying upon new technology will inevitably lead to an increase in disputes best resolved by international arbitration.
For further information, please contact:
Chad Catterwell, Partner, Herbert Smith Freehills