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Globalization And The New Energy Challenges

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  • Preda (Andreescu) Mihaela

    ()
    (Academy of Economic Studies - Bucharest, Romania, Faculty of International Business and Economics)

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    Abstract

    A New Global Energy Economy is emerging, in which energy demand and supply issues will make regions of the world much more dependent upon each other. International extensive energetic interdependence on energy resources and networks grows in the global economy. Some $22 trillion of investment in supply infrastructure is needed to meet projected global demand until 2030. Mobilising all this investment will be challenging. Adherence to these policies will ensure that the global energy investments materializes, the necessary infrastructure is built, and the lengthening worldwide energy supply chain operates in security. Strong global energy policy is needed to move the world into a more sustainable energy path.

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    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v1-international-business-and-european-integration/031.pdf
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    Bibliographic Info

    Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

    Volume (Year): 1 (2008)
    Issue (Month): 1 (May)
    Pages: 170-176

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    Handle: RePEc:ora:journl:v:1:y:2008:i:1:p:170-176

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    Related research

    Keywords: energy security; extensive energetic interdependency; global energy consumption; supply infrastructure;

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    1. Andris Piebalgs, 2006. "Green paper: A European strategy for sustainable, competitive and secure energy," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 7(2), pages 8-20, 07.
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