The following article applies only to Iran.
New sources of energy are being discovered every day, and yet there are many that remain unfound and are not fully used. In fact, most of these sources are used to produce electricity and are not much used directly.
Considering the increasing need of different countries for energy sources including fossil fuels (oil and gas), new and nuclear energies, and due to new issues regarding different countries’ rights and responsibilities in the field of energy being discussed, research and studies is needed in the field. Nowadays, using energies such as oil and gas, nuclear, wind, solar, geothermal, and … need clear and precise legal foundations. Iran is recognized as one of the largest source of energy holder in the world and is also one of the oldest countries in the world in editing and drafting the legal system and closing international contracts.
Legal aspects of exploitation of different kinds of energy such as environmental preservation, foreign investments, imposition of rules at national and international levels, energy safety, and other issues related to different countries, the necessity of ongoing legal studies in the field of energy is required and leads to major legal and economics contracts. Therefore, the need to know and understand the issues of energy law seems to be obvious and crucial.
Definition of Energy
According to Physics, energy means “the ability to do something” or “saved force”.
For instance, humans need energy in order to move objects around, or a car needs petrol, gasoline, or gas in order to move. In fact, energy is needed for moving anything.
Types of Energy
There are generally two types of energy in the world: 1- Kinetic Energy and 2- Potential Energy
Any kind of saved energy is called Potential Energy whereas any energy that is in movement is called Kinetic Energy. For instance, a moving car, or bicycle, the earth and all the planets that are in movement in space have Kinetic Energy.
Potential Energy consists of the following: Gravitational Energy, Chemical Energy, Nuclear Energy, and Elastic Energy.
Different kinds of Kinetic Energy include: Movement (Kinesis, Motion), Thermal Energy, Sound Energy, Radiation Energy, and Electrical Energy.
Main sources of Energy are: Solar Energy, Wind Energy, Geothermal Energy, Hydrogen Energy, Wave Energy, Hydroelectric Energy, and Fossil fuels.
Considering the significance of the subject, especially in matters relating to rights of energy, and the increasing number of contracts bound between legal entities such as governments and private commercial companies, knowing the rights of energy and how to close contracts between parties becomes of utmost importance. We suggest that you consult expert lawyers at Sarasa Law Office to be able to close contracts easily and confidently.