
BKL- WilmerHale Webinar
"The Future of Energy Disputes: Perspectives and Outlook"
I Event Description
The BKL – WilmerHale joint webinar will focus on providing a new perspective on one of the most emerging areas of international arbitration and cross-border disputes: energy disputes. Experienced practitioners from BKL and WilmerHale will provide their insight into the current state and outlook of potential disputes arising from the global and Korean renewable energy and LNG markets.
The webinar will also feature unique business insights for foreign investors and practitioners interested in the Korean renewable energy and LNG markets, including insights on recent market trends and how to effectively address potential disputes.
The webinar will provide a unique opportunity for participants to hear a discussion of these issues from both a domestic and international perspective, coming from two of the most respected law firms in Korea and abroad.
I Date & Time
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Date: 4 November 2021, Thursday
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Time: 09:00 - 10:35 (KST)
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Host:
I Objective
To give a new perspective on the future of energy disputes and related market trends globally and in Korea
I Program Details
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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.
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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