Law: Energy Charter Treaty

The Council of the European Union has approved a proposal to withdraw the EU from the controversial Energy Charter Treaty – as the treaty’s depositary Portugal becomes the latest member state to confirm its date of exit.

08 March 2024

As Slovenia’s date of exit from the Energy Charter Treaty is confirmed, the European Commission has urged EU member states not to block the adoption of a modernised version of the ECT even as they consider a coordinated withdrawal from the existing treaty.

04 March 2024

German state-owned energy group Uniper has put Russia on notice of a potential investment treaty claim over a decree that placed its Russian assets under temporary state control.

29 February 2024

An ICSID tribunal has declined to order a UK company to post security for costs in a €656.5 million claim over Slovenia’s blanket ban on fracking for natural gas.

23 February 2024

The UK has confirmed it will withdraw from the Energy Charter Treaty, citing the failure of efforts to align it with climate change goals.

22 February 2024

A split ICSID tribunal has rejected a Swiss investor’s €175 million damages claim against Spain after concluding that the state’s reforms to its renewable energy regime resulted in only a limited breach of the Energy Charter Treaty.

22 February 2024

German energy group E.ON says it has won one of the largest awards so far in the treaty cases filed against Spain over the state’s renewable energy subsidy reforms.

19 January 2024

A Maltese company has won around €70 million in an Energy Charter Treaty claim against Bulgaria concerning one of Europe’s largest solar parks.

09 January 2024

A publicly owned Swiss company has brought an Energy Charter Treaty claim against Germany over its investment in a coal power plant.

23 October 2023

An ICSID tribunal has ordered Spain to pay €15 million plus interest to a group of German solar investors over reforms to the state's renewable energy subsidy regime.

23 October 2023