With access to reliable and secure energy sources increasingly under threat, ICC is working with governments to help solve challenges related to energy management and ensure that policymakers take business views into account when designing regulation for competitive energy markets.
In light of growing energy demand and security concerns, all energy options should remain open and policymakers should avoid choosing “winners” and “losers.” There is no one-size-fits-all solution. A broad variety of energy resources and technologies will be required to meet the varying needs of individual countries or markets.
In addition, secure and reliable energy supply and infrastructure impacts the feasibility and costs of doing business from perspectives of competitiveness and productivity. Energy security is a vital consideration not only for day-to-day operations but also for long-term investment. Business is also a willing partner through provision of resources, innovation, development and deployment of technologies to allow access to and more efficient use of energy.
Energy efficiency is another critical component of any comprehensive sustainable energy strategy. Governments should continue to promote and support energy efficiency among producers and consumers of energy.
Efficient implementation of integrated policies requires enabling frameworks supported by good governance that provide an attractive and secure investment environment. Moreover, governments, national or local, businesses and other key stakeholders should work in partnership to provide sustainable energy services.