Energy in International Trade Law: Concepts, Regulation and Changing Markets

This book provides an in-depth study of energy in international trade law, exploring its definition, concepts, history, and legal frameworks. It also discusses case studies on energy security and the challenges of decentralization and decarbonization in energy markets.

Format: Paperback / softback
Length: 354 pages
Publication date: 16 February 2023
Publisher: Cambridge University Press

Against the backdrop of energy markets that have undergone a profound transformation in recent decades, this book presents an in-depth exploration of energy regulation within the framework of international trade law. The author endeavors to clarify the definition of "energy" in the context of the applicable international trade rules, offering a comprehensive analysis of the concepts, historical development, and legal frameworks governing international energy trade. Furthermore, several case studies are presented to shed light on the ongoing pursuit of energy security and demonstrate how the existing rules interact with the numerous challenges that energy markets currently face, particularly in the realms of decentralization and decarbonization.

The book begins by providing a foundational overview of the energy sector, including its historical evolution, economic significance. and geopolitical significance. It then delves into the intricate web of international trade rules that govern energy trade, examining the various agreements, regulations, and standards that shape the global energy market.

One of the key themes of the book is the concept of energy security, which has become increasingly important in the face of growing global demand and the finite nature of fossil fuel resources. The author explores the various measures that countries have taken to ensure energy security, including the development of renewable energy sources, the promotion of energy efficiency, and the establishment of energy infrastructure.

The book also examines the role of international trade law in promoting energy cooperation and reducing trade barriers. It highlights the importance of free trade in energy resources as a means of promoting economic growth, reducing poverty, and addressing climate change. However, the author also acknowledges the challenges that international trade law faces in promoting energy security, such as the need for balance between promoting energy trade and protecting the environment and local communities.

In addition to its analysis of energy regulation in international trade law, the book also includes several case studies that illustrate the practical application of these rules. These case studies cover a range of topics, including the internationalization of energy markets, the development of renewable energy projects, and the enforcement of energy trade regulations.

Overall, this book provides a comprehensive and insightful examination of energy regulation in international trade law. It is an essential resource for scholars, policymakers, and practitioners interested in understanding the complex dynamics of the global energy market and the role of international trade law in shaping its development.

ISBN-13: 9781108445917