Energy policy is the manner in which government or organization has decided to address issues of energy development including energy production, distribution and consumption. The attributes of energy policy may include legislation, international treaties, incentives to investment, guidelines for energy conservation, taxation and other public policy techniques. Energy is a core component of modern economies. A functioning economy requires not only labor and capital but also energy, for manufacturing processes, transportation, communication, agriculture, and more.
Frequently the dominant issue of energy policy is the risk of supply-demand mismatch. Current energy policies also address environmental issues, particularly challenging because of the need to reconcile global objectives and international rules with domestic needs and laws. Some governments state explicit energy policy, but, declared or not, each government practices some type of energy policy. Economic and energy modelling can be used by governmental or inter-governmental bodies as an advisory and analysis tool.
Great standard consulting can help countries to develop National energy policy
Our services for countries covers the following :
- Working with government to Prepare statement of national policy regarding energy planning, energy generation, transmission and usage
- Working with government to review the legislation on commercial energy activities (trading, transport, storage, etc.)
- Working with government to review items of legislation affecting energy use, such as efficiency standards, emission standards
- Working with government to develop instructions for state-owned energy sector assets and organizations
- Active participation in, co-ordination of and incentives for mineral fuels exploration and other energy-related research and development policy command