Stability without immobilisation: Renegotiation, regulatory change, and contractual governance in the energy transition
By Katarina Mirkovic The energy transition does not “disrupt” long-term energy contracts so much as it renders visible what they have always contained: an uneasy bargain between expectations of stability and the inevitability of regulatory evolution. If stability is treated as the immobilisation of the legal framework, it will predictably fail, and it will fail…