A Conceptual Framework for Governance and Assurance Protocols in Regulatory-Compliant Energy Infrastructure Projects
Abstract
This paper presents a conceptual framework for integrating governance and assurance protocols within energy infrastructure projects, with a focus on ensuring regulatory compliance and project success. As the complexity of energy infrastructure projects continues to rise, governance mechanisms must be aligned with regulatory standards to manage risks, ensure transparency, and deliver projects efficiently. The framework proposed in this study outlines how governance structures, including stakeholder roles and decision-making checkpoints, can be combined with assurance mechanisms such as independent verification and continuous compliance monitoring to create a resilient infrastructure delivery model. Theoretical foundations from governance theory and practical insights from case studies are used to demonstrate the importance of governance and assurance in managing energy projects across various sectors. This research highlights the increasing importance of formalized assurance protocols and regulatory engagement throughout project phases, with actionable implications for policymakers, regulators, and project leaders. Finally, the paper suggests future research directions, such as the exploration of digital governance tools and AI-driven assurance systems, to enhance regulatory compliance and operational efficiency in the energy sector.
How to Cite This Article
Oluwademilade Aderemi Agboola, Jeffrey Chidera Ogeawuchi, Oyinomomo-emi Emmanuel Akpe, Abraham Ayodeji Abayomi (2023). A Conceptual Framework for Governance and Assurance Protocols in Regulatory-Compliant Energy Infrastructure Projects . Journal of Frontiers in Multidisciplinary Research (JFMR), 4(1), 282-287. DOI: https://doi.org/10.54660/.IJFMR.2023.4.1.282-287