The changing face of international construction arbitration in renewable and energy transition projects
Construction analysis: In recent years, there has been a global shift away from traditional project structures. In particular, the push for decarbonisation has reshaped project investment and contracting preferences in certain sectors, leading to a departure from traditional engineering, procurement and construction (EPC) models and changes in the profile of project owners. These developments have, in turn, altered the nature and nuances of construction arbitration. In this article, Herbert Smith Freehills Kramer's partner and Head of Construction and Infrastructure Disputes James Doe, partner Mike McClure KC, senior associate Tse Wei Lim and associate Wei Qi Ng explore four recent trends in international construction arbitration, with a particular focus on those arising on renewables projects, as well as energy transition projects more broadly.