Legal Aspects of Grid Interconnection
Overview
The flow of electrical power, and of funds to pay for electricity received, across borders must occur within a long-term legal framework that ensures trust between partners, as well as structuring straightforward and transparent dealings between the trading countries and the public and/or private institutions that support grid interconnections.[1]
Legal Framework
A legal framework is necessary in order to identify the parties responsible for paying for power interconnection infrastructure, for the power itself, and for the costs of operating the infrastructure. In addition, legal agreements must specify the prices to be paid for electricity (and how those prices are to be calculated), what form of payment is acceptable, and other parameters of international funds transfer. Also, for example, legal agreements are needed to indicate which parties are responsible to any third parties harmed by interconnection-related activities, and describing how disputes between parties are to be addressed.[2]
► Legal Aspects of Grid Interconnection (UN)
Further Information
References
- ↑ Legal Aspects of Grid Interconnection - http://www.un.org/esa/sustdev/publications/energy/chapter4.pdf
- ↑ Legal Aspects of Grid Interconnection - http://www.un.org/esa/sustdev/publications/energy/chapter4.pdf