It is an internationally recognizedreality that continued and increased investment in the powersector by private firms is essential to providing affordableand reliable energy to an increasing portion of the worldpopulation. However, investing in power projects in thedeveloping regions of the world exposes nations,governments, consumers, and investors to unusually highlevels of risk. This study will have succeeded if itencourages parties, on all sides, to recognize problems asearly as possible and concentrate on identifying possiblesolutions, and then implementing them. This study marks theinterest of investors and lenders in finding procedures andinstruments to facilitate the resolution of disputes arisingfrom stress situations. To begin with we will summarize thepredominant causes, characteristics, and consequences ofproject stress in the energy sector of emerging markets. Theauthor will seek to describe and understand the incidence ofvarious patterns of characteristics and consequences ofproject stress that emerge as power projects are broken downby type industry stage and region. Then the author willdiscuss how to prevent the emergence of stress situations inpower projects as well as the instruments and strategiesavailable for the resolution of power project stress.
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