The Law & Economics of The International Energy Sector

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This multi-disciplinary course will introduce our participants to the crucial law and economic issues with respect international energy governance. Concerned with the management of energy resources, energy law and economics has gained a lot of attention in recent years following the need to tackle energy poverty, climate change and transition to a low carbon economy by among others reducing reliance on fossil fuels and embracing Renewable Energy (RE) and Energy Efficiency (EE).

Regulation of the energy sector is at the fore now given the crucial role of energy in our everyday life. The sector is essential for every country’s economic development. Energy has also been at the centre of various regional and international organisations and instruments in Europe, the America, Africa, and Asia. For instance, the European Union (EU) was founded upon two treaties – the European Coal and Steel Community Treaty and the Euratom Treaty – that were used to manage the natural resources and energy assets of countries within the initial group of Member States, and to bond nations together in peace through this important sector.

Delivered by renowned international energy experts, the course will provide our participants with practical expertise in formulating and analysing energy laws and regulations at the national, regional and international level. They will understand the political, legal, social and economic aspects relating to international energy governance. They will understand the ‘Energy Trilemma’, which basically recognises the other sectors that influence energy policy including economics (finance), politics (energy security) and environment (climate change mitigation). Participants for this course will acquire practical knowledge with respect to enacting, interpreting, and implementing effective and efficient energy law and policy which aims at balancing the various social and economic needs of the society.

Who Should Study This Course?

• Government officials and policymakers interested in natural resources management and governance
• Practitioners involved in sustainable development.
• Graduate students and undergraduate students interested in the energy, mining and environmental sectors.
• Climate change activists as well as NGO officials.
• Practitioners in the oil, gas, energy, mining and environmental fields