Work

Well-developed Energy Exchange; A Pathway to an Economic Boom

Year: 2025

Type: article

Abstract: Energy exchange development is an integral part of economic development. The fact that extended provision and use of energy services is firmly associated with economic development leaves open how significant energy is as a causal factor in economic development, however; and on the other side energy sector development competes with other opportunities for scarce capital and opportunities for policy and institutional reform. In this paper we first give a brief conceptual introduction that seeks to depict the structure of the paper into three sections. We then show the importance of a well-functioning energy exchange as a key on the way of economic development. Next, we describe the most important pre-conditions for a well-developed energy exchange. Finally, we suggest some solutions that can accelerate the development process. The evidence shows regulations as the most important factor and government as the best supportive body in the development process.

Source: International Journal of Management, Accounting and Economics

DOI: 10.5281/zenodo.17423385

Authors: Karimi, Mahmoud, Aeineh Negini, Vali Allah

Institution: Petroleum University of Technology

Language: English

Topic: Global Energy Security and Policy

Subfield: General Energy

Field: Energy

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Affordable and clean energy, Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W7093348203

FWCI:

Cites:

Cited by:

Related to: