Features of the rights and obligations of the parties to the contract for the supply of energy resources through the connected network

Abstract

Contemporary technological advancements and globalization of energy markets necessitate the adaptation of legal regulations to new challenges and opportunities. The contract for the supply of energy resources through an interconnected network becomes a strategically important instrument for ensuring energy supply stability and competitiveness of energy enterprises. However, there are specific legal and obligatory aspects that require attention to ensure effectiveness and understanding of parties' obligations. This scholarly article is dedicated to analyzing the peculiarities of legal regulation and obligations of parties in the context of contracts for the supply of energy resources through interconnected networks. Starting with an overview of existing regulatory acts, the study examines the main issues arising in the context of such contracts, including responsibility for service quality, price and tariff regulation, as well as resolution of legal disputes in the context of contract breaches. Special attention is paid to analyzing practical challenges faced by parties entering into such contracts, as well as seeking optimal solutions to enhance the effectiveness of contracting and implementation. The author of the scholarly article also considers potential directions for reforming legal norms and regulatory mechanisms to ensure stability and transparency in the field of energy supplies through interconnected networks. The results of the conducted research reveal that contract for the supply of energy resources through interconnected networks are complex legal instruments requiring careful legal analysis and regulation. The findings of the study may serve as a basis for further reforms in the field of legal regulation of the energy sector and contribute to improving the conditions for concluding and implementing contract for the supply of energy resources through interconnected networks, ensuring sustainable and efficient functioning of the energy market.