The Italian Authority for Electricity and Gas – September 20033
Electricity industry reform and regulation/2
The adoption of a particular institutional framework is generally linked to the regulatory model that has being implemented:
there is less regulatory involvement in countries with a negotiated approach to access and pricing;
regulatory involvement tend to be stronger in countries in which unbundling policies are heavily emphasised.
The co-existence of several regulatory institutions with authority over the electricity sector raises a number of issues that should be addressed:
the autonomy and independence of each institution;
the allocation of responsibilities (some overlapping) to each institution;
the creation of co-ordination among institutions;
the governance and management of each institution;
the impact of co-ordination and management of each institution on the electricity sector costs and evaluation of such costs.