For the operators of CCGT power plants and of a desalination plant, CRA was retained to conduct pre-arbitration proceedings analysis in relation to contractual delays leading to postponed start of commercial operations in each case. CRA produced an economic model to estimate actual damages incurred by the off-taker. As part of this engagement, CRA’s Seabron Adamson and Laura Sochat assessed and estimated all associated costs from the aforementioned delay, and performed a review of the market to assess capacity shortfalls (if any) on the system. CRA also provided the client with a full report of findings.
Climate policies and investment: Implications for disputes
The transition to a low-carbon economy is not a new phenomenon, but one that has gained significant momentum in the past decade. Notably, since the signing of...