EME 801
Energy Markets, Policy, and Regulation

Global Stakeholder Identification

PrintPrint

Global Stakeholder Identification

What is the definition of a stakeholder?

A stakeholder is defined as, "a person or entity with an interest or concern in something.” Further elucidation might say “Individuals and organizations who are actively involved in the enterprise, or whose interests may be positively or negatively affected as a result of the enterprise.” An addition to this definition would also include those who believe their interest may be affected by the enterprise. This is a very useful definition as it allows us to cast a very wide net to make sure that all the people and institutions that will be affected by our decisions are considered.

On a global scale this is clearly a very “wide net.” It includes the entire earth and many different people and entities. And many entities will have more than one stakeholder identification. Below are some obvious energy stakeholders in the global market:

  • Producers
  • Consumers
  • Local, State, and National Government
  • Transporters of Energy
  • Marketers
  • Citizens

Please see if you can double or even triple the number of stakeholders globally as you consider the energy market.