Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region
This note is intended to support ongoing efforts to promote Pan-Arab energy trade by highlighting the role and benefits of intra-regional electricity and gas exchange, with a view to improving energy security in the Middle East and North Africa (ME...
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/412161621217303115/Beyond-the-Political-Economy-of-Electricity-and-Gas-Trade-in-the-Middle-East-and-North-Africa-Region http://hdl.handle.net/10986/35590 |
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okr-10986-355902021-05-18T05:11:03Z Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region World Bank GAS TRADE ENERGY TRADE ELECTRICITY TRADE REGIONAL TRADE GAS PIPELINE LIQUEFIED NATURAL GAS TRADE EMISSIONS ENERGY EFFICIENCY POLITICAL ECONOMY PAN-ARAB MARKET INFRASTRUCTURE INVESTMENT MARKET INTEGRATION This note is intended to support ongoing efforts to promote Pan-Arab energy trade by highlighting the role and benefits of intra-regional electricity and gas exchange, with a view to improving energy security in the Middle East and North Africa (MENA) region. After some background, this note contributes to discussions on energy security within the region by highlighting various aspects of the current political economy of the energy sector, specifically electricity and gas, which are relevant to the discussion on cooperation for regional integration and their convergence with sustainable development. This note argues that, given the benefits of trade and technological developments outlined herein, the time is right to move from cooperation agreements towards the operationalization and implementation of trade by developing the necessary institutional and regulatory building blocks. Innovative technologies and wider economic trends are converging in new ways that amplify synergies within traditional energy sectors (such as oil, gas, and power) and foster emerging sectors such as hydrogen. Subsequent sections will review the state of electricity and gas trade in the region; sub-regional initiatives to promote interconnections and market integration; and prospects for these sectors. However, some general observations can be drawn in advance about the regional context for overall trade. 2021-05-17T19:12:20Z 2021-05-17T19:12:20Z 2020-05 Report http://documents.worldbank.org/curated/en/412161621217303115/Beyond-the-Political-Economy-of-Electricity-and-Gas-Trade-in-the-Middle-East-and-North-Africa-Region http://hdl.handle.net/10986/35590 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Energy Study Middle East and North Africa Middle East North Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
GAS TRADE ENERGY TRADE ELECTRICITY TRADE REGIONAL TRADE GAS PIPELINE LIQUEFIED NATURAL GAS TRADE EMISSIONS ENERGY EFFICIENCY POLITICAL ECONOMY PAN-ARAB MARKET INFRASTRUCTURE INVESTMENT MARKET INTEGRATION |
| spellingShingle |
GAS TRADE ENERGY TRADE ELECTRICITY TRADE REGIONAL TRADE GAS PIPELINE LIQUEFIED NATURAL GAS TRADE EMISSIONS ENERGY EFFICIENCY POLITICAL ECONOMY PAN-ARAB MARKET INFRASTRUCTURE INVESTMENT MARKET INTEGRATION World Bank Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| geographic_facet |
Middle East and North Africa Middle East North Africa |
| description |
This note is intended to support ongoing
efforts to promote Pan-Arab energy trade by highlighting the
role and benefits of intra-regional electricity and gas
exchange, with a view to improving energy security in the
Middle East and North Africa (MENA) region. After some
background, this note contributes to discussions on energy
security within the region by highlighting various aspects
of the current political economy of the energy sector,
specifically electricity and gas, which are relevant to the
discussion on cooperation for regional integration and their
convergence with sustainable development. This note argues
that, given the benefits of trade and technological
developments outlined herein, the time is right to move from
cooperation agreements towards the operationalization and
implementation of trade by developing the necessary
institutional and regulatory building blocks. Innovative
technologies and wider economic trends are converging in new
ways that amplify synergies within traditional energy
sectors (such as oil, gas, and power) and foster emerging
sectors such as hydrogen. Subsequent sections will review
the state of electricity and gas trade in the region;
sub-regional initiatives to promote interconnections and
market integration; and prospects for these sectors.
However, some general observations can be drawn in advance
about the regional context for overall trade. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| title_short |
Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| title_full |
Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| title_fullStr |
Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| title_full_unstemmed |
Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region |
| title_sort |
beyond the political economy of electricity and gas trade in the middle east and north africa region |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/en/412161621217303115/Beyond-the-Political-Economy-of-Electricity-and-Gas-Trade-in-the-Middle-East-and-North-Africa-Region http://hdl.handle.net/10986/35590 |
| _version_ |
1764483391516835840 |