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Redefining Energy in the Post-Pandemic Era

Document Cited in Related
DOI10.3366/gels.2020.0021
Published date01 August 2020
Date01 August 2020
Pages164-168
Author
Introduction

The COVID-19 pandemic and its spread has shaken the world to its core, and not least the energy sector, where its sudden onset highlighted shifts long in need of undertaking. While most countries’ energy transition plans and sustainable development goals (SDGs) should have served as the main catalyzers for change in the industry, the COVID-19 pandemic crystalized the urgency for its reconstruction. Beyond the pandemic, an unexpected decrease in oil prices also emerged that demanded a reconsideration of the energy sector and its foundations within the global economy. In other words, ongoing global changes became plainer to see as a result of the pandemic. In this regard, the energy transition can play a crucial role in necessary access to renewables and sustainability of energy activities.1

Furthermore, the pandemic has highlighted the environmental aspect of the sector. Awareness of the extent of environmental damage has been raised as a consequence of lockdown measures across the world.2 As a result of lower carbon emissions, production activities, sea transportation and many other standard daily activities, a possible reversal of the impacts climate change is on the minds of many.3 In this regard, the importance of energy transition plans looks to gain traction.4

This paper will discuss the new legal framework of energy sector and the definition of energy under international law in the post-pandemic era. Three dimensions will be approached to this end; the financial aspects of the regime, new understanding of commons and international law.

 New Era & New Bundles

Energy-related issues have significant importance for every academic discipline. In the...

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