Reconciling Governmental Interests and Competitive International Electricity and Gas Markets
Article from: OGEL 1 (2006), in Economic and Commercial Context for Oil, Gas and Energy Law
Introduction
In the coming decades, world energy demand is expected to increase substantially, most of the increase coming from developing countries. These countries need energy in order to grow and improve productivity; moreover, for the population, access to energy goes hand in hand with adequate living standards. To meet these needs, international energy trade will have to grow, moving resources from a country or a region to another. Whereas attention very often tends to focus on oil - on which world economy heavily relies - energy trade will not be solely about oil trade in the ...