Leibowitz: The Global Energy Revolution Meets Trade Bottlenecks

Electricity demand worldwide is growing significantly, requiring massive investments in the electric grid to supply increased needs and desire for electricity. A recent report by the International Energy Agency (IEA) indicates that global demand for electricity will double from 2020 to 2050.

In developed economies, the growth rate will be somewhat lower. But it will still be substantial. The primary drivers of growth in developed countries, according to IEA, will be renewable energy (wind, solar, hydropower, and perhaps nuclear), the development of hydrogen electrolysis (fuel cells) as an energy source, and the increasing market share of electric vehicles. In the developing world, new hookups for electric consumers will also play a big role in demand growth.

Lewis Leibowitz

Lewis Leibowitz, owner of the Law Office of Lewis E. Leibowitz, practices in the areas of international trade law, customs law, and international commercial transactions. He represents clients before all federal courts and agencies dealing with international trade matters. Mr. Leibowitz advises and assists clients in diverse matters including trade remedies, customs, foreign-trade zones and free trade agreements, trade negotiations, and related matters. He can be reached at lewis.leibowitz@lellawoffice.com.