Despite the rhetoric of energy independence, sub-regional trade in energy has long been the desire of nations as a means of achieving energy security in their various states. This interplay is governed by certain rules and regulations that ensure a free and open market system amongst the countries that participate in them.
This paper seeks to show the emergence and development of an open and competitive energy market under the Economic Community of West African States (ECOWAS) energy protocol. It examines the multi-polarity of the sub regional energy market and its existing legal framework as regards the constraints in providing an open and competitive market.
Inhaltsverzeichnis (Table of Contents)
- CHAPTER 1
- 1.0 Introduction
- 1.1 Background of the Study
- 1.2 Objectives of the Study
- 1.3 Justification of Study
- 1.4 Scope of the Study
- CHAPTER 2
- 2.0 Literature Review
- 2.1 Theoretical Framework and Methodology
- CHAPTER 3
- 3.0 The Energy Market
- Chapter 4
- 4.0 ECOWAS Energy Protocol: Open and Competitive Energy Market
- 4.1 The Energy Market in West Africa, How Liberal? Nigeria and Ghana as a case study
- CHAPTER 5
- 5.0 Recommendation
- 5.1 Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study examines the development of an open and competitive energy market within the Economic Community of West African States (ECOWAS) under the ECOWAS Energy Protocol. It aims to analyze the legal framework and challenges in creating a free and competitive energy market in West Africa, particularly focusing on the role of the ECOWAS Energy Protocol in achieving this objective.
- The emergence and development of a competitive energy market under the ECOWAS Energy Protocol
- The legal framework and challenges in creating a competitive energy market in West Africa
- The role of the ECOWAS Energy Protocol in promoting long-term cooperation in the sub-regional energy market
- The impact of the ECOWAS Energy Protocol on investment and energy trade in the region
- The relationship between the ECOWAS Energy Protocol and the World Trade Organisation (WTO) Agreement
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter 1 introduces the study, outlining the background, objectives, justification, and scope. It highlights the importance of energy security and the need for international cooperation in the energy sector. Chapter 2 reviews relevant literature, including reports from non-governmental organizations, newspaper articles, and online resources, providing a theoretical framework for the study. Chapter 3 delves into the energy market, exploring its dynamics and challenges. Chapter 4 focuses on the ECOWAS Energy Protocol, analyzing its role in promoting an open and competitive energy market within ECOWAS. It examines the protocol's legal framework, objectives, and impact on the energy market in West Africa. Chapter 5 presents recommendations for further development of the energy market within ECOWAS, drawing conclusions from the study.
Schlüsselwörter (Keywords)
The study revolves around key concepts like energy security, energy independence, sub-regional trade, energy market liberalization, ECOWAS Energy Protocol, legal framework, competition, investment, and energy trade. It also explores the role of international cooperation in the energy sector and the relationship between the ECOWAS Energy Protocol and the World Trade Organisation (WTO) Agreement.
- Quote paper
- Luqman Adedokun (Author), 2015, The Development of Open and Competitive Energy Market under the Economic Community of West African States (ECOWAS) Energy Protocol, Munich, GRIN Verlag, https://www.grin.com/document/356780
