TheGridNet
The Madrid Grid Madrid

Panorama - ICAI Engineers Opt For Arbitration As A Form Of Dispute Resolution In The Renewable Energy Sector

Aea, considered the leading Court of Arbitration in Spain, convened in Madrid, together with the National Association/College of Engineers of ICAI, the Aea, the leading Court of Arbitration in Spain, has hosted a conference in Madrid, together with the National Association/College of Engineers of ICAI, to discuss the use of arbitration in various sectors of the economy. The European Arbitration Association encourages the renewable energy sector to include an arbitration clause in new projects to resolve disputes. The conference also highlighted the advantages of arbitration for all parties in terms of basis, speed and specialization. Aea's main advantage is its extensive knowledge of the sector and relationship with referees who specialize in it. Arbitration is an alternative mechanism to ordinary justice, where an expert, independent and impartial third party, called an arbitrator, will resolve disputes by issuing a mandatory award (sentence).

Panorama - ICAI Engineers Opt For Arbitration As A Form Of Dispute Resolution In The Renewable Energy Sector

Veröffentlicht : vor 2 Jahren durch World Nation News Desk in Environment

Aea, considered the leading Court of Arbitration in Spain, convened in Madrid, together with the National Association/College of Engineers of ICAI, the conference “Arbitration and Renewable Energies: 360º Analysis”. It did this within the framework of its strategy to generalize the use of arbitration in the main sectors of the economy. The meeting – they explained from Aea – served to confirm the “many advantages” that arbitration offers to all parties, “in terms of basis, speed and specialization.” The European Arbitration Association thus encourages the sector to include its arbitration clause in the contracts of new projects to be able to resort to arbitration in case of conflict. According to this European association, “Aea’s main advantage for the renewable energy sector is its extensive knowledge of the sector, in addition to the relationship with referees who specialize in it.”

The Conference, aimed at global energy companies, experts, arbitrators and lawyers, is hosted by María Inmaculada Blázquez (Osprel), and shows the sounds of David Arias (Referee), Miguel Angel Maseras Gutiérrez (Lantania), Laura Rueda Veitía (action), Enrique Abiega (JSHheld) y Jose Antonio Garcia (Brattle).

she Catholic Institute of Arts and Industries (ICAI) It was created in 1908. Thirteen years later, the Association of ICAI Engineers was born, which celebrated its centenary just two years ago. ICAI College of Engineers was established in 1963.

The National Association of ICAI Engineers is a private corporation, with its own legal personality, which brings together engineers who have completed their studies at the ICAI Higher Technical School of Engineering.

ICAI National College of Engineers is a public law corporation, with its own legal personality. This College is obliged to group Engineers who, after their studies at ICAI, have the corresponding academic title, both freely practicing the profession, as well as those who rely on companies or direct industry or industrial enterprises .

the European Arbitration Association is an entity that, according to its public profile, “dedicates its daily life to the development and promotion of arbitration as a conflict resolution mechanism.” According to Aea, arbitration is an alternative mechanism to ordinary justice that allows the resolution of disputes between two or more parties, where an expert, independent and impartial third party, called an arbitrator , will resolve the controversy by issuing a mandatory award (sentence).


Themen: Green Energy, ESG, Renewables

Read at original source