Law: Energy Charter Treaty

Spain has become the latest state to make good on its threat to denounce the Energy Charter Treaty ahead of a proposed EU-wide withdrawal from the treaty.

15 May 2024

The European Parliament has voted in favour of a “coordinated withdrawal” of EU member states from the Energy Charter Treaty.

24 April 2024

The Svea Court of Appeal has set aside a European renewables investor’s Energy Charter Treaty award against Spain for being incompatible with EU law – a week after the state failed to have another such award annulled at ICSID.

11 April 2024

An Australian company developing a controversial US$500 million uranium mine near Madrid says it will file an Energy Charter Treaty claim against Spain over its decision to block the project. 

10 April 2024

The European Commission has proposed that the EU should invoke the Energy Charter Treaty’s denial of benefits clause to withdraw protections for Russian and Belarusian investors.

10 April 2024

The European Commission has been explaining its plan for EU member states’ “coordinated withdrawal” from the Energy Charter Treaty ahead of a vote on the issue by the European Parliament.

28 March 2024

The Dutch Supreme Court has rejected Russia’s appeal against the seizure of state-owned vodka trademarks by the former majority shareholders of Yukos Oil Company.

25 March 2024

A split ICSID tribunal has reportedly ordered Romania to pay a group of European solar investors more than €46 million in an Energy Charter Treaty claim over the state’s cuts to its renewable energy incentive scheme.

20 March 2024

A Saudi-owned Spanish renewables investor has filed a BIT claim against Mexico, while Hungary is facing an Energy Charter Treaty claim brought by a Cypriot entity linked to a defunct Austrian bank.

14 March 2024

A German investment fund has lost its Energy Charter Treaty claim against Italy concerning reforms to the state's solar power sector.

12 March 2024