Better Regulation: Economic regulation of utilities

In Good Governance by publicadmin

Duration: 1 week
Dates: 2020 dates coming soon 
Tuition fees: £2,165   (exc. VAT)

About the workshop
This workshop concentrates on the regulation of network industries in the energy, communications, transport, water supply and sewerage sectors.  It will cover both the theory and practice of regulatory innovation drawing on the experience of the UK and elsewhere.  The key objectives are to:

  • Provide an overview of the key aspects of economic regulation, with an emphasis on lessons learnt, good practice and developing a better regulation agenda
  • Ensure that you gain a good understanding of the strengths and weaknesses of utility regulation, its key features and its terminology
  • Visit representative regulators and engage with practitioners and key UK experts
  • Consider how governments ensure that regulatory regimes deliver both enhanced competition and better regulation while protecting people and their environment
  • Explore with tutors and practitioners current UK views and experience in regulating liberalised industries and services, while meeting international standards of governance and accountability.

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
  • Introduce you to key practitioners in regulatory offices, regulated industries, government departments and consumer protection organisations
  • Familiarise you with the UK and European Union framework within which the regulated industries and services operate. 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.