Search Results
1 Results
Showing 1-1 matching the phrase cláusulas hardship.
Search Results
-
A contemporary perspective in the revision of power purchase agreement in light of unforeseen circumstances
In this article, we analyze the intrinsically variable and unforeseen behavior of the Chilean electricity market regarding power purchase agreements, emphasizing the transformation caused by the massive influx of non-conventional renewable energies since 2015. In this vein, on behalf of the unforeseen events theory and price adjustment or revision clauses, we study the parties possibilities to readjust their agreements in light of the new circumstances that arise after its conclusion.