Investing into North African Solar Power: A Legal Framework for Risk Management and Prospects for Arbitration

260 Pages·2015·3.73 MB·English

by  Robert Gömmel (auth.)

Robert Gömmel
Investing into
North African
Solar Power
A Legal Framework for Risk
Management and Prospects for
Arbitration
Investing into North African Solar Power
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Robert Gommel
Investing into North African
Solar Power
A Legal Framework for Risk Management
and Prospects for Arbitration
RobertG€ommel
Engelsbach
Germany
Inaugural-DissertationzurErlangungdesDoktorgradesamFachbereichRechtswissenschaft
derJustus-Liebig-Universität Gießen
Eingereicht vonRobert Gömmel
Betreuer: Prof.Dr.Thilo Marauhn(M.Phil.)
Zweitkorrektor: Prof. Dr.Christoph Benicke
TagderDisputation:18.12.2013
ISBN978-3-319-15755-9 ISBN978-3-319-15756-6 (eBook)
DOI10.1007/978-3-319-15756-6
LibraryofCongressControlNumber:2015936187
SpringerChamHeidelbergNewYorkDordrechtLondon
©SpringerInternationalPublishingSwitzerland2015
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For my parents, wife and daughters.
Thank you for all your support and the joy
you have brought into my life.
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Acknowledgements
Iwouldliketothankeveryonewhohashelpedmeoverthepastfewyearstorealize
thisproject.
First of all, I owe a special thanks to my supervisor, Prof. Dr. Thilo Marauhn
(M.Phil.). This thesis would not have eventuated without his support of the topic
andhelpduringthewritingprocessandthefinancingoftheproject.
Furthermore,IamextremelygratefultotheUniversityofGiessenforproviding
a postgraduate scholarship while I was writing the main part of my thesis. The
financialsupportgavemethefreedomtofocusonthisproject.
I also want to thank the SEPA (solar energy partnership with Africa) working
group of the University of Giessen/ZEU. In addition to extending me a warm
welcomeandmakingmefeelapartofyourgroup,theexchangeofideas,opinions,
andsuggestions wasacrucial partofmythesisandhelpedmetoassessproblems
fromdifferentanglesandperspectives.
Ialsoowe special thankstoMrs.Joanna Niedererfor allthe workshe putinto
this project by proofreading my thesis many times and giving valuable feedback
andsuggestions.
Theseminarfordoctoral studentshostedbyProf.Dr.ThiloMarauhn(M.Phil.)
wasalsoagreathelpasitgavemeafurtheropportunitytotalkaboutmythesisand
myideas.Itwasalwaysapleasuretoorganizetheseevents,andIthankyouallfor
yourvaluablefeedbackonmythesisafternumerouspresentationsanddiscussions.
Ialwayshadagreattimewithallofyou.
Inaddition,Ialsowant tothankallofmyfriends,nomatter where Imetthem
(Braunschweig,Gießen,Du¨sseldorf,Frankfurt,Usingen,Auckland,Darmstadt...).
Youhelpedmetoswitchofffrommythesisfromtimetotime,whichallowedmeto
relaxandrechargemybatteries.
Finally,IwanttothankmyparentsRainerandGerlinde,mywifeMaike,andmy
daughtersMarieandAmelie.Yourlifelongsupportandlovemeantheworldtome.
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Contents
1 Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
1.1 ContractingParties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1.1.1 TheEuropeanSide. . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1.1.1.1 PrivateSector. . . . . . . . . . . . . . . . . . . . . . . . 4
1.1.1.1.1 OrganizationandIntentionsof
Desertec. . . . . . . . . . . . . . . . . . . 4
1.1.1.1.2 OrganizationandIntentions
ofDii. . . .. . . .. . . .. . . .. . . .. . 5
1.1.1.1.3 Conclusion. . . . . . . . . . . . . . . . . . 6
1.1.1.2 OtherSolarThermalProjects. . . . . . . . . . . . 7
1.1.2 TheMENASide. . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
1.1.2.1 TheMiddleEastandNorthAfrica. . . . . . . . . 7
1.1.2.2 Morocco. . . . . . . . . . . . . . . . . . . . . . . . . . . 8
1.2 SolarThermalEnergy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
1.3 ContractDesign:PublicPrivatePartnership. . . . . . . . . . . . . . . 11
1.3.1 ContractPeriod. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
1.3.2 ContractualPartner. . . . . . . . . . .. . . . . . . . . . . . . . . . 12
1.3.3 ProjectFunding. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
1.3.4 TypesofRisk. . . . . . . .. . . . . . . . .. . . . . . . . . .. . . . 13
1.3.4.1 ProceduralRisks. . . . . . . . . . . . . . . . . . . . . . 13
1.3.4.2 ProjectRisks. . . . . . . . . . . . . . . . . . . . . . . . 14
1.3.4.3 Conclusion. . . . . . . . . . . . . . . . . . . . . . . . . . 15
1.3.5 AdditionalPPPRegulations. . . . . . . . . . . . . . . . . . . . 16
1.3.6 DisadvantagesofPPPs. . . . . . . . . . . . . . . . . . . . . . . . 17
1.3.7 AdvantagesofPPPsandSolutionstoProblems. . . . . . 18
1.3.8 AssessmentoftheBenefitsandDrawbacks. . . . . . . . . 19
1.4 SetupofPPPs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
1.4.1 CooperationModelandJointVenture. . . . . . . . . . . . . 20
1.4.2 DifferentTypesofContractsWithinContractualand
InstitutionalPPPs. . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
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