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Role of regulators and regulation in a (typical) restructured electricity industry - page 12 / 21

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The Italian Authority for Electricity and Gas – September 200312

Conclusions/2

Regulatory needs are quickly changing as competition develops.

Electricity supply increasingly crosses national borders and electricity and gas become increasingly integrated.

In the last years, supranational regulating bodies strongly pushed toward integration of regional internal electricity markets to form transnational competitive power markets.

Strong evolution characterising electricity sector around the world put regulators in front of challenging tasks:

periodic review of the institutional framework;

raised integration and co-ordination.

Necessary needs to meet changing trends and growing needs of security and efficiency of national and regional power sectors.

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