EPC-contracts using in renewable energy: Legal and practical aspect

Vladyslav Ostrynskyi; Nataliia Nykytchenko; Iryna Sopilko; Viacheslav Krykun; Vitalii Mykulets

doi:10.34069/AI/2022.52.04.33

Vladyslav Ostrynskyi University of the State Fiscal Service of Ukraine, Irpin, Ukraine. https://orcid.org/0000-0001-7157-6048
Nataliia Nykytchenko University of the State Fiscal Service of Ukraine, Irpin, Ukraine. https://orcid.org/0000-0001-9545-1434
Iryna Sopilko National Aviation University, Kyiv, Ukraine. https://orcid.org/0000-0002-9594-9280
Viacheslav Krykun Odessa State University of Internal Affairs, Odessa, Ukraine. https://orcid.org/0000-0003-1089-555X
Vitalii Mykulets International University of Economics and Humanities, Rivne, Ukraine. https://orcid.org/0000-0001-8859-3311

DOI: https://doi.org/10.34069/AI/2022.52.04.33

Keywords: capital construction, EPC-contract, FIDIC standard form, international business contract, renewable energy.

Abstract

The relevance of the article is connected with the rapid growth of investor`s interest in the project implementation of renewable power plant construction, through the conclusion of so-called EPC-contracts because Ukrainian legislation can’t properly keep up to carry out legal regulation of the public relations, which forces business to use foreign jurisdiction rules or standard contract forms developed by specialized international organizations with a purpose for project implementation. The purpose of the study is clarification of the main features of the capital construction of renewable facilities in Ukraine through the conclusion of EPC- contracts and the problems of current adaptation of legislation according to the best world practices. The main research methods are comparative law research and logical law method, the first of which allows to compare and identify common and distinctive features which are inherent for Ukrainian law and provisions of EPC-contracts which were designed by International Federation of Consulting Engineers (hereinafter – FIDIC), the second one helps to logical study of the legal rules and avoidance of contradictions during conclusion and execution of contracts. The results of the study will be useful for practicing lawyers who support renewables power plant construction projects as well as for scientists who study public relations in the field of capital construction.

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Author Biographies

Vladyslav Ostrynskyi, University of the State Fiscal Service of Ukraine, Irpin, Ukraine.

Postgraduate student of the University of the State Fiscal Service of Ukraine, Irpin, Ukraine.

Nataliia Nykytchenko, University of the State Fiscal Service of Ukraine, Irpin, Ukraine.

Doctor in Law, Associate Professor, University of the State Fiscal Service of Ukraine, Irpin, Ukraine.

Iryna Sopilko, National Aviation University, Kyiv, Ukraine.

Doctor in Law, Professor, Dean of the Faculty of Law, National Aviation University, Kyiv, Ukraine.

Viacheslav Krykun, Odessa State University of Internal Affairs, Odessa, Ukraine.

Doctor in Law, Associate Professor, Professor of the Department of Administrative Police, Odessa State University of Internal Affairs, Odessa, Ukraine.

Vitalii Mykulets, International University of Economics and Humanities, Rivne, Ukraine.

Ph.D. in Law, Associate Professor, Academician Stepan Demianchuk International University of Economics and Humanities, Rivne, Ukraine.

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