Energy

Documents

Co-operation among energy regulators in the European Union

This paper addresses the questions of how and why do European energy regulators co-operate.It is divided into five sections: a description of the legal framewrorks and market structures of electricity and natural gas in the EU; why energy regulators have been introduced by most Member States and why different institutional formats have been adopted; why co-operation among energy regulators is necessary; the main objectives of the Council of European Energy Regulators; the role of regulators within the political and institutional framework of the EU.

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Documents

Regulatory risk and cost of capital: summary of views of interveiwees

Between July 1995 and January 1996 a series of one-to-one reviews were carried out with all the regulatory bodies, seven investment analysts, five companies each in the electricity and water industries, British Gas (BG), British Telecom (BT and British Airports Authority (BAA). Issues focused on the sources and nature of risk, the cost of capital and other pressing concerns of interviewees. This document provides a summary of the views expressed.

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