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Guaranteeing energy security is one of the most complex challenges
of energy law and policy. Energy insecurity threatens economic
development, social peace and stability. This book focuses on
energy security in the strategically important region of Central
Asia. The region holds huge energy reserves, but its energy systems
are highly inefficient and unreliable, and thus require urgent
reform. However, endemic corruption, discrimination and the strong
centralization of power have so far blocked initiatives to
reorganize energy supply. The case of Central Asia is uniquely
relevant for understanding the informal constraints on energy law
and policy. In addition, Central Asian energy insecurity
illustrates the impact of geopolitics on the regulation of energy
markets. The region is strategically located in Russia's sphere of
influence and along China's New Silk Road. Its energy situation
highlights the complex interactions amongst energy law, geopolitics
and institutions.
Guaranteeing energy security is one of the most complex challenges
of energy law and policy. Energy insecurity threatens economic
development, social peace and stability. This book focuses on
energy security in the strategically important region of Central
Asia. The region holds huge energy reserves, but its energy systems
are highly inefficient and unreliable, and thus require urgent
reform. However, endemic corruption, discrimination and the strong
centralization of power have so far blocked initiatives to
reorganize energy supply. The case of Central Asia is uniquely
relevant for understanding the informal constraints on energy law
and policy. In addition, Central Asian energy insecurity
illustrates the impact of geopolitics on the regulation of energy
markets. The region is strategically located in Russia's sphere of
influence and along China's New Silk Road. Its energy situation
highlights the complex interactions amongst energy law, geopolitics
and institutions.
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