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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">comparativepolitics</journal-id><journal-title-group><journal-title xml:lang="ru">Сравнительная политика</journal-title><trans-title-group xml:lang="en"><trans-title>Comparative Politics Russia</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2221-3279</issn><issn pub-type="epub">2412-4990</issn><publisher><publisher-name>Издательская группа «Юрист»</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.24412/2221-3279-2021-10039</article-id><article-id custom-type="elpub" pub-id-type="custom">comparativepolitics-1430</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>СРАВНИТЕЛЬНАЯ ПОЛИТИКА И ГЕОПОЛИТИКА</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>COMPARATIVE POLITICS AND GEOPOLITICS</subject></subj-group></article-categories><title-group><article-title>Вызовы для международных инвесторов в контексте экологизации энергетики в ЕС: сравнительный обзор практики Германии</article-title><trans-title-group xml:lang="en"><trans-title>EU Clean Energy Transition and Challenges for International Investors: Comparative Review of German Practice</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Зимаков</surname><given-names>А. В.</given-names></name><name name-style="western" xml:lang="en"><surname>Zimakov</surname><given-names>A. V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Андрей Владимирович Зимаков</p><p>к. э. н., научный сотрудник</p><p>Центр европейских исследований</p><p>Москва</p></bio><bio xml:lang="en"><p>Andrei V. Zimakov</p><p>Candidate of Economics, research associate</p><p>Center for European Studies</p><p>Moscow</p></bio><email xlink:type="simple">zimakov@newmail.ru</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Попов</surname><given-names>Е. В.</given-names></name><name name-style="western" xml:lang="en"><surname>Popov</surname><given-names>E. V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Евгений Васильевич Попов</p><p>Московский государственный институт международных отношений (университет) (МГИМО Университет)</p><p>к. ю. н., доцент</p><p>кафедра правовых основ управления</p><p>Москва</p></bio><bio xml:lang="en"><p>Evgeny V. Popov</p><p>MGIMO University</p><p>Candidate of Law</p><p>Department of Legal Foundations of Management</p><p>Moscow</p></bio><email xlink:type="simple">evgueny.popov@gmail.com</email><xref ref-type="aff" rid="aff-2"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>Национальный исследовательский институт мировой экономики и международных отношений им. Е. М. Примакова (ИМЭМО) РАН</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Primakov Institute of World Economy and International Relations Russian Academy of Sciences (IMEMO) Russian Academy of Sciences</institution><country>Russian Federation</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="ru"><institution>МИД России</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Russian Foreign Ministry</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2021</year></pub-date><pub-date pub-type="epub"><day>04</day><month>01</month><year>2022</year></pub-date><volume>12</volume><issue>4</issue><issue-title>СТРУКТУРНАЯ ДИНАМИКА И УРОВНИ АНАЛИЗА В МЕЖДУНАРОДНЫХ ОТНОШЕНИЯХ</issue-title><fpage>47</fpage><lpage>55</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Зимаков А.В., Попов Е.В., 2022</copyright-statement><copyright-year>2022</copyright-year><copyright-holder xml:lang="ru">Зимаков А.В., Попов Е.В.</copyright-holder><copyright-holder xml:lang="en">Zimakov A.V., Popov E.V.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://www.sravpol.ru/jour/article/view/1430">https://www.sravpol.ru/jour/article/view/1430</self-uri><abstract><p>   Экологическая трансформация энергетики ЕC открывает широкие инвестиционные возможности для инновационного международного предпринимательства. Однако нелинейность энергетического перехода, а также многоуровневый и комплексный характер процесса трансформации несет экономико-правовые вызовы. С целью их выявления на основе сравнительной методологии проведен анализ трех обращений в международный инвестиционный арбитраж со стороны транснациональных энергетических компаний с исками в отношении стран Евросоюза на примере Германии, как лидера энергетической трансформации. На основе анализа сделан вывод, что стремительные изменения в законодательстве, обусловленные логикой энергетического перехода, приводят к нарушению законных ожиданий инвесторов в обеспечении стабильного и предсказуемого правового регулирования. Тем самым, ставится под сомнение надежность стран ЕС как государств, способных обеспечить предсказуемость и стабильность инвестиционного режима для международных инвесторов.</p></abstract><trans-abstract xml:lang="en"/><kwd-group xml:lang="ru"><kwd>энергетический переход</kwd><kwd>Евросоюз</kwd><kwd>международный инвестиционный арбитраж</kwd><kwd>инвестиционный спор</kwd><kwd>Германия</kwd><kwd>МЦУИС</kwd></kwd-group><kwd-group xml:lang="en"><kwd>clean energy transition</kwd><kwd>EU</kwd><kwd>international investment arbitration</kwd><kwd>investment dispute</kwd><kwd>Germany</kwd><kwd>ICSID</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Belov, V. B. et al. Germany 2019. Moscow: Institut Evropy RAN, 2020. 144 p.; Neukirch, M. 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