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Revista Chilena de Derecho Privado

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Revista Chilena de Derecho Privado

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You are here: Archives/Artículos de Doctrina/No. 34

A contemporary perspective in the revision of power purchase agreement in light of unforeseen circumstances

Authors

Karl Conrads Araya
Ugarte & Correa.
Carlos Berner Zúñiga
Vergara, Labarca & Cía.

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Key Information

Keywords

electricity market, power purchase agreements, unforeseen events theory, hardship clauses

Abstract

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.

Details

DOI

https://doi.org/10.32995/S0718-80722020462

Published

July 31, 2020

Issue

No. 34 (2020): Julio - 2020

Section

Artículos de Doctrina

How to Cite

Conrads Araya, K., & Berner Zúñiga, C. (2020). A contemporary perspective in the revision of power purchase agreement in light of unforeseen circumstances. Revista Chilena De Derecho Privado, (34). https://doi.org/10.32995/S0718-80722020462

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