Utility Week

Utility Week 18th October 2019

Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government

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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

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