The right to claim compensation
Spain: Sönke Schlaich of the international law firm Rödl & Partner reviews the retroactive reduction of feed-in tariffs in Spain and the guarantees protecting investor rights under the Energy Charter Treaty and comes to the conclusion that investors have a chance to seek indemnity.
Following three years of constant and painful reductions of the feed-in tariff (FIT) that was once promised to PV investors by law – reductions which started with the campaign at the end of 2010 and the well-known Royal Decree 14/2010 – the Spanish Government published a Ministerial Order on June 20, 2014, which together with Royal …
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