Making regulators accountable
September 23rd, 2007There are now over 100 independent electricity and/or energy regulatory agencies around the world and all EU member states have them. In 2005, the budgetary cost of the EU energy regulators was over €200 million and to this must be added the costs to energy supply companies and others. So, how well do they perform? Can we identify any net benefits from their existence? And how should we go about trying to establish the impact of these agencies? Continue reading »
