Utility of the future: Regulation
6
| 18TH - 24TH OCTOBER 2019 | UTILITY WEEK
Analysis
T
ackling the exis-
tential threat
of climate change
needs big ideas and
bold moves, which
inevitably bring risk
– and potentially
rewards. But how
does that square in the highly regulated
sectors of energy and water where returns
are being squeezed and some would
argue room for manoeuvre curtailed?
In the second pillar in our Utility of the
Future campaign we will explore this ten-
sion that lies at the heart of the regulatory
framework and ask how can the balance
be best struck going forward? Do regu-
lators need to widen their scope? What
can Ofgem and Ofwat learn from other
sectors? What might be the gaps and
potential solutions?
We kick off our series finding out how
the regulators themselves see their roles
and remit changing and the response
they'd like to see from the companies they
regulate to reduce emissions and boost
water security for future generations.
Denise Chevin, intelligence editor
Coming up in 'regulation' in future
issues of Utility Week:
- What our UOTF advisory board has to
say, plus what the NIC recommends,
about the need for regulatory change
- What can we learn from other sectors
and other countries?
- Regulating energy networks
The five pillars of the Utility
of the Future campaign:
Climate change
Regulation
Business models and skills
Consumers
Technology
