I Date & Time

• Date:  4 November 2021, Thursday

• Time: 09:00 - 10:35 (KST)

• Host:

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I Objective

To give a new perspective on the future of energy disputes and related market trends globally and in Korea

I Program Details

• Welcome Remarks: Tony DongWook Kang

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• Session 1: Korean Renewable Market: Perspectives and Outlook

       [Time] 9:05 – 9:25 am (KST)​

       [Speaekrs] Hyunchul An, Robert Dooley, Woojae Kim​

       [Introduction]

       There are roughly four categories of foreign investors in the Korean renewable energy

       market. And each category of investor must consider different factors in terms of preventing and

       resolving potential disputes. In this session, practitioners from Bae, Kim & Lee’s Energy and     

       International Arbitration teams share their insights on what foreign investors and practitioners

       should consider when investing in the Korean renewable energy market and how they can effectively

       navigate through related disputes.

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• Session 2: Disputes relating to solar energy projects

       [Time] 9:25 – 9:45 am (KST)​

       [Speaker] Charlie Caher​

       [Introduction] There has been a dramatic increase in the amount of energy generated from solar       

       power in Asia and elsewhere.  This session will discuss the increasing number of disputes relating to

       solar power projects. Solar energy arbitration disputes can take many forms, including joint venture

       or other contractual disputes relating to the financing and development of solar projects, disputes

       relating to the construction of power generation facilities, as well as investor-state arbitration claims

       arising out of changes in government incentive programs for solar energy investment.  As the energy

       transition in Asia gathers pace, it will become increasingly critical for international arbitration users

       and practitioners to understand and prepare for its implications on potential disputes. 

• Session 3: Korean LNG Market: Perspectives and Outlook

       [Time] 9:45 – 10:05 am (KST)​

       [Speakers] Chinpyo Park, Woojae Kim

       [Introduction] Korea is one of the largest importers of LNG in the world, and with the recent changes

       in the global LNG market, the landscape of LNG-related regulations and LNG disputes in Korea are

       also experiencing unprecedented changes. In this session, experts from Bae, Kim & Lee’s Energy and

       International Arbitration teams share their insights on recent changes in Korea’s LNG regulatory

       schemes and key issues arising from related disputes.

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• Session 4: Pricing and Other Disputes Relating to LNG Supply Contracts

       [Time] 10:05 – 10:25 am (KST)​

       [Speaker] Steven Finizio

       [Introduction] Demand for LNG has been increasing in many Asian markets due to growing energy

       needs and greener energy policies.  At the same time, gas markets are changing in many countries,

       with increased competition as the result of liberalization policies as well as changes to the nature of

       gas supply contracts.  In recent years, this has led to a rise in disputes between suppliers and buyers,

       particularly with regard to pricing, with an increasing number of contractual price reviews -- and now

       arbitrations -- relating to LNG supply contracts in Asia.  Recent price and demand volatility will

       inevitably result in more price reviews and more arbitrations.  This session will discuss these

       developments, the nature of LNG supply contracts and price review provisions, the disputes that have

       recently arisen and the future of arbitrations involving LNG contracts in Asia.

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• Q&A/Closing

       [Time] 10:25 – 10:35 am (KST)​

       [Speaker] Tony DongWook Kang