Marc-Joel Fortelny

The effects of corruption and counter-measures in the energy market on a regional, national and supranational level Marc-Joel Fortelny

Master's Thesis from the year 2013 in the subject Energy Sciences, grade: 1.00, University of Vienna (BWZ), course: Public Utility Management, language: English, comment: As the effects of corruption are difficult to determine, define and recognize to their full extent, the environment has to be analyzed regularly and the scope of research has to enlarge from regional to national matters and finally supranational systems have to classified and evaluated. , abstract: The objective of this master thesis is to depict the energy environment regarding the various sources of energy, the correlation of energy mixes, various trends of transition and mainly corruption of these preceding aspects. An insight of successful and failing counter-measures is also provided. Along the analysis of numerous case studies a focus on "Extracted Key Factors" of the explored and evaluated characteristics of corruption and the energy sector is placed upon. The term corruption in an economic environment is defined as fraud, bribery, immorality and misuse of power, however the actual scope is greater, as the interdependencies of nations, economies and their corresponding interactions create disruptions and discrepancies - especially when lobbying is exploited. Misinformation and the corruption of data are the most difficult research topics, as science should not be misused in forcing an opinion with falsifying facts for instance and must not lead to technical provable contradictions. The approach to fight corruption is most likely to be efficient and successful if performed supranational on all public sectors - with adaptations to the energy sector - by all means with high collaborative efforts.