Last modified: 27 Feb 2018 11:43
The transport and supply of hydrocarbons (oil and gas) and electricioty is essential for modern civilisation. IF energy cannot get to the consumer, then energy security is threatened and economic development may be restricted.
These challenges are impotant in the context of the liberalisation of these sectors, especially the restructuring of these industries from monopolies to competitive markets. This course explores the law and policy framework governing the movement and distrtibution of energy, particulalry within a liberalised market, in an era of climate change. Topics covered include market liberalisation, energy security, gas sales and transport, and market regulation.
|Session||Second Sub Session||Credit Points||30 credits (15 ECTS credits)|
Electricity and natural gas are network-related industries. The supply of these energy sources to end consumers therefore presents specific regulatory challenges. These challenges are of particular importance in the context of the liberalisation of these sectors, i.e. the restructuring of these industries from monopolies to competitive markets. Will liberalised electricity and gas markets ensure security and reliability of energy supply? Will consumers be adequately protected against potential abusive behaviour of dominant market players? Is liberalisation compatible with the objectives of decarbonisation and environmental protection? The purpose of this course is to explore the law and policy framework governing energy supply in a liberalised market environment. Special attention is paid to the liberalisation experience in the European Union and to a certain extent the US and other developed and developing jurisdictions (case studies).
This is the total time spent in lectures, tutorials and other class teaching.