International businesses of electricity. The mixti fori of the public and private

Abstract

The world energy system is unstable because of Russia’s military aggression against Ukraine. For the European Union, it has meant a considerable increase in gas prices, due to its great dependence on imports of this raw material from the invading territory. Therefore, electricity has also suffered an alarming increase in prices, due to its status as derived energy that can be obtained from primary sources such as gas. This situation has caused that price of goods and services also increased, since energy is necessary for any human activity. Ensuring supply and reducing inflation is important now. The application of international trade regulations is considered, as well as the pactum de lege utenda in electricity contracts. The objective is to offer an overview of the rules of private international law in this sector of economic activity and learn about the peculiarities that govern the use of electricity.