Energy policy in developing countries

Energy investment in developing countries is capital intensive and involves financing problems and difficulties in determining budget priorities. In oil, investment may mean decisions about devolution of control over national resources. In coal, few developing countries have yet fully developed their natural resources. Electricity investment is particularly capital intensive and the sector involves different problems to those of the primary fuel sectors. Natural gas production is expected to increase rapidly over the next few years. In each sector, different problems arise in different developing countries, and the aspects discussed cover a range of the problems that are often encountered.