The Evolution of International Investment Law and Its Application to the Energy Sector

Abstract

Foreign investors in the energy sector have long sought to secure guarantees from the host state in order to reduce future risk. The international investment law regime has fundamentally altered the legal framework for investors and host states within the energy sector. This article explores the application of international investment law within the energy sector, describes some common categories of disputes that characterize the energy sector, identifies the main disciplines or standards in investment law, and discusses the remedies available to investors.