Risky winds: Investing in wind energy projects in Pakistan

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Investment in renewable energy sectors in many developing countries has grown significantly in the last decade. Developing countries now seek to attract investment in the renewable energy sector. Foreign investment in developing countries hinges on factors such as security of investment, entry barriers, cost of doing business, repatriation of profits, dispute resolution, etc. This is where the role of the government and policy-makers becomes critical. Unless a sector-specific policy is adopted that is not only coherent and adaptable but also extends the right incentives, foreign investors will remain reluctant to invest in the renewable energy sector even if a huge investment potential exists. This article highlights Pakistan as a case study to examine law and policy issues pertaining to investment and transaction costs associated with investing in a developing country that possesses significant wind energy potential.
Original languageEnglish
Pages (from-to)129-158
Number of pages30
JournalJournal of Energy and Natural Resources Law
Volume30
Issue number2
DOIs
Publication statusPublished - 2012

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Developing countries
Investing
Pakistan
Wind energy
Energy sector
Renewable energy
Foreign investors
Government
Dispute resolution
Incentives
Politicians
Costs
Foreign investment
Profit
Repatriation
Transaction costs
Entry barriers
Investment potential
Factors

Cite this

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title = "Risky winds: Investing in wind energy projects in Pakistan",
abstract = "Investment in renewable energy sectors in many developing countries has grown significantly in the last decade. Developing countries now seek to attract investment in the renewable energy sector. Foreign investment in developing countries hinges on factors such as security of investment, entry barriers, cost of doing business, repatriation of profits, dispute resolution, etc. This is where the role of the government and policy-makers becomes critical. Unless a sector-specific policy is adopted that is not only coherent and adaptable but also extends the right incentives, foreign investors will remain reluctant to invest in the renewable energy sector even if a huge investment potential exists. This article highlights Pakistan as a case study to examine law and policy issues pertaining to investment and transaction costs associated with investing in a developing country that possesses significant wind energy potential.",
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Risky winds: Investing in wind energy projects in Pakistan. / Ghori, Umair Hafeez .

In: Journal of Energy and Natural Resources Law, Vol. 30, No. 2, 2012, p. 129-158.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

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PY - 2012

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AB - Investment in renewable energy sectors in many developing countries has grown significantly in the last decade. Developing countries now seek to attract investment in the renewable energy sector. Foreign investment in developing countries hinges on factors such as security of investment, entry barriers, cost of doing business, repatriation of profits, dispute resolution, etc. This is where the role of the government and policy-makers becomes critical. Unless a sector-specific policy is adopted that is not only coherent and adaptable but also extends the right incentives, foreign investors will remain reluctant to invest in the renewable energy sector even if a huge investment potential exists. This article highlights Pakistan as a case study to examine law and policy issues pertaining to investment and transaction costs associated with investing in a developing country that possesses significant wind energy potential.

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