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Background and objectives of energy regulation

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Academic year: 2022

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Francois Ailleret HR0300002 Honorary President of EOF

Chairman of the Studies Committee of the World Energy Council

Paris, France

BACKGROUND AND OBJECTIVES OF ENERGY REGULATION

Abstract

The concept of sustainable development is now a common reference for governments and businesses, for institutions and associations of all kinds.

Sustainable development is founded on three inseparable pillars: economic growth, respect for the natural environment and social progress.

Energy is vital for economic growth, and though it may be harmful to the environment it is also a source of new solutions. Indeed, to achieve a decent quality of life, individuals and communities must have easy access to different energy forms, though this is regrettably not the case for one-third of humanity. Clearly, energy and sustainable development are closely linked and the organization of energy systems must take this essential relation into account.

It is the duty of each state - or group of states, such as the European Union - to define its energy policy. Market forces alone are not sufficient to keep the system in balance, so effective regulation is vital.

The theme of the 11th Forum concerns a crucial question and this meeting offers a welcome opportunity for debate at a time when market liberalisation is spreading through the energy sector on a world-wide scale. For gas and electricity especially, it is causing a tidal wave of change and rendering our old regulatory systems obsolete.

Though this review of regulatory questions will serve to define practical measures for implementation in the short term, it should also give consideration to the key trends in energy growth, the provisions laid down in the Kyoto protocol and the dramatic inequalities across the world regarding access to energy.

Likewise, it is important to identify the challenges, risks and constraints that must be taken into account to ensure that as our energy systems evolve, they contribute to progress in economic development, environmental protection and quality of life.

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POZADINA l CILJEVI ENERGETSKE REGULACIJE

Sažetak

Pojam održiveg razvoja danas predstavlja zajedničku smjernicu za vlade i kompanije, institucije i raznovrsne udruge.

Održivi razvoj temelji se na tri nerazdvojiva stupa: gospodarski rast, poštivanje prirodnog okoliša te društveni napredak.

Energija je od izuzetnog značaja za gospodarski rast, te je, iako možda štetna po okoliš, važan izvor novih rješenja. Uistinu, da bi postigli zadovoljavajuću kvalitetu života, pojedinci i zajednice moraju imati jednostavan pristup različitim izvorima energije, iako to nažalost nije slučaj za jednu trećinu čovječanstva. Jasno je da su energija i održivi razvoj usko povezani te da se pri organizaciji energetskih sustava mora voditi briga o ovom međuodnosu.

Svaka je država, ili skupina država poput Europske Unije, dužna definirati svoju energetsku politiku. Same tržišne snage nisu dostatne za održanje sustava u ravnoteži, te je stoga neophodna učinkovita regulacija.

Tema 11. Foruma bavi se presudnim pitanjima te tako ovaj skup pruža izvanrednu mogućnost za diskusiju u vrijeme kada se liberalizacija tržišta u svjetskim razmjerima širi energetskim sektorom. Naročito za prirodni plin i električnu energiju liberalizacija je potakla plimu promjena, čime postojeći regulacijski sustavi postaju zastarjeli.

lako će kratkoročno ovaj pregled pitanja o regulaciji služiti definiranju praktičnih mjera za provođenje, njime bi se trebala obratiti pažnja i na ključne trendove u energetskom rastu, odredbe Kyoto protokola i dramatične nejednakosti u svijetu što se tiče dostupnosti energije.

Isto je tako važno prepoznati izazove, rizike i ograničenja o kojima treba promišljati kako bi se osiguralo da naši energetski sustavi tijekom svojeg razvoja doprinesu gospodarskom razvoju, zaštiti okoliša i kvaliteti života.

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