The Gas Industry In Latin Europe

This book explores the development of the gas industry within Latin Europe (France, Italy, Portugal, and Spain). Through charting the growth of this industry during the 19th and 20th centuries, the technology and public policies used are examined to highlight the long term impact of the industry. Utilising a comparative analysis, similarities and variation between the development of gas within the Latin European countries is compared and contrasted with the aid of specific case studies. This book aims to place the development of gas resources in Latin Europe within a global perspective that takes into account the development of energy resources in the rest of Europe and the world more generally. It will be of interest to students and researchers working within energy economics and economic history. The book forms part of the results of the research project ‘Gas in Latin Europe: a comparative and global perspective (1818-1945)’, financed by the Ministry of Science and Innovation of the Spanish Government and ERDP Funds.

This volume sheds light on the technical and institutional handicaps that the gas industry had to face since the early 19th century to consolidate its position in the energy market. It traces the history of gas energy use in a European context to understand the reasons for its crucial nature in the region. Going back to the start of gas production in England and France at the turn of the 18th century, the book has a specific focus on Latin Europe: Portugal, Spain, France, and Italy. Topics discussed include, but are not limited to the evolution of gas technology and associations; capital, technical, and human transfer among countries; strategies carried out by gas companies to promote their activity; how gas companies adapted to changing markets, faced with the competition of electricity at the end of the 19th century, until late 20th century; and how war, especially the Second World War, affected gas supply in Latin Europe. Finally, the volume discusses the emerging use of natural gas by France and Italy after 1945, which meant a quantitative advantage compared to their neighbors in Latin Europe, Portugal and Spain, as well as a political advantage, in terms of energetic independence. The book will appeal to scholars, students, and researchers of economic history, business history, as well as technological history, interested in a better understanding of the evolution of gas into a major energy source, a role that it has kept until today.

Global climate change and the war in Ukraine have put energy back on the agenda for Europe in a way that has not been seen since the oil crisis of the 1970s. But the economics and business of supplying energy to Europe has a long and rich history going back to the nineteenth century. This book explores changes in energy markets, strategies, firms and investments during the nineteenth and twentieth centuries. The primary focus is on manufactured gas—the gas that was initially produced from coal distillation until new ways of manufacturing gas emerged after the Second World War. The expert contributors to this volume draw on their extensive research and utilise primary sources to explore a wide range of issues, including technological adaptation, market regulation, energy investments (particularly the role of foreign capital), gas consumption and supply issues. The case studies are particularly drawn from Spain, France and Italy, but the authors provide a comparative and global perspective to consider the wider context. The volume closes with an epilogue that brings the story into the present day to consider current issues affecting gas markets in the EU, including war, geostrategy and pipelines. This book will be of interest to readers in economic history, business history, energy history, the history of public utilities and modern European history more broadly.

What challenges and opportunities does the green transition entail for Latin America and the Caribbean? This 15th edition of the Latin American Economic Outlook explores options for the region to recast its production models, transform its energy matrix and create better jobs in the process.

Energy projects in Latin America are a major contributor to economic growth worldwide. This book is the first to offer a comprehensive, in-depth analysis of specific issues arising from energy and natural resources contracts and disputes in the region, covering a wide range of procedural, substantive, and socio-legal issues. The book also includes how states have shifted from passive business partners to more active controlling players. The book contains an extensive treatment and examination of the particularities of arbitration practice in Latin America, including arbitrability, public order, enforcement, and the complex public-private nature of energy transactions. Specialists experienced in resolving international energy and natural disputes throughout the region provide detailed analysis of such issues and topics, including: state-owned entities as co-investors or contracting parties; role of environmental law, indigenous rights and public participation; issues related to political changes, corruption, and quantification of damages; climate change, renewable energy, and the energy transition; force majeure, hardship, and price reopeners; arbitration in the electricity sector; take-or-pay contracts; recognition and enforcement of awards; tension between stabilization clauses and human rights; mediation as a method for dispute settlement in the energy and natural resources sector; and different comparative approaches taken by national courts in key Latin American jurisdictions. The book also delivers a clear explanation on the impact made to the arbitration process by Covid-19, emerging laws, changes of political circumstances, the economic global trends in the oil & gas market, the energy transition, and the rise of new technologies. This invaluable book will be welcomed by in-house lawyers, government officials, as well as academics and rest of the arbitration community involved in international arbitration with particular interest in the energy and natural resources sector.