Better regulation: Economic regulation of utilities
Duration: 1 week
Dates: 19 to 23 March 2018
Tuition fees: £2,165 (exc. VAT)
About the workshop
This workshop will cover both the theory and practice of the UK’s experience of regulatory innovation in a global, free-market economy, by:
- Providing an overview of economic regulation, with an emphasis on lessons learnt, best practice and the developing better regulation agenda. Ensuring that all participants are given a good understanding of regulation and its terminology
- Critically examining governments’ intentions for, and reforms to, regulatory regimes aimed at delivering both enhanced competition and better regulation while protecting people and their environment
- Exploring with tutors and practitioners current UK views and experience in regulating liberalised industries and services, while meeting both supra-national and national standards of governance and accountability. The programme concentrates on network industries in the energy, communications, transport, water supply and sewerage sectors
- Visiting key regulators and regulated industries and engaging with practitioners and key UK experts.
Who is it for?
The workshop is aimed at policy advisers and senior decision-makers in governments changing the ways they regulate private or parastatal suppliers of utility and network services.
How participants will benefit
The workshop will:
- Provide you with a broad overview of regulatory options and best practice. Examine the better regulation agenda, risk-based approaches and policy and regulatory options bearing in mind the need for sustainable development. Develop a critical and exploratory dialogue on key options
- Broaden your knowledge of the UK and European Union framework within which the regulated industries and services operate in the UK. Provide an up-to-date view of the current models of ownership and regulation in the UK and elsewhere and the variety of options available, ranging from full privatisation to retained public ownership, while delivering strong economic and environmental regulation
- Enable you to examine the UK experience of harnessing the private sector’s initiative, management and investment to improve the quality and efficiency of service provision. At the same time, safeguarding customers’ interests and rights, funding sustainable development and environmental improvements and promoting the government’s social and environmental objectives
- Introduce you to key practitioners in regulatory offices, regulated industries, government departments and consumer protection organisations.
Please view our Brochure 2018 (opens in a PDF document)
“I found the programme very informative and useful, particularly as we are in the process of privatising our water and sewerage functions.”
Mr Tom Van Zanten
Deputy Director, Water Authority, Cayman Islands