The effectiveness of arbitration in settling investment disputes in renewable energy contracts
Dr. Ghasan obaid Mohammed & Nisreen Hasan KoniArbitration is one of the main means in settling renewable energy contract investment disputes due to the adherence of multinational companies to it, as it is the best way for them to be able to resolve the dispute in confidentiality and speed commensurate with their commercial purpose, and because of the freedom that arbitration gives them by choosing the most appropriate procedures and laws to resolve disputes that may occur in These contracts, however, the state, on the other hand, may stand in the way of the means of arbitration because of its belief that it affects its sovereignty and judicial immunity and exposes it to danger or threat first, and because of the fear of violating the supreme rules that it sets for the environment in which it enters, i.e. the rules of public order. Second, and the best evidence of the validity of the state’s concerns about the conflict of arbitration for the public system in it is the decision that it may issue not to allow the state to expropriate the foreign investor’s ownership of the lands of the investing state and cancel such a decision in the event Imposing its issuance and obligating it to compensate as a result of its arbitrariness by issuing such decisions.