Economic Brief 1 - Energy Transition in the Arctic: Governance and Justice Implications

This brief focuses on the governance and justice implications of the energy sector in (Sub-)Arctic in the context of ongoing energy transition. It presents insights into: (1) energy demand and energy services; (2) renewable energy and energy storage; and (3) oil and gas extraction. The brief looks at the current governance mechanisms and identifies fragmentation problems. Possible solutions for the shortcomings include: placing justice-based conditions as part of permitting and licensing (leasing), wide implementation of strategic energy planning, accounting for equity and justice in rate and tariff-making, and incorporating collective and individual capabilities into environmental and social assessments.