Delivered as part of ‘The discovery, assessment and use of evidence in regulatory and competition law decision making’, Annual Competition and Regulation Conference 2018
Delivered as part of ‘The discovery, assessment and use of evidence in regulatory and competition law decision making’, Annual Competition and Regulation Conference 2018
Delivered as part of ‘Regulation and public interest ourcomes in energy and water: moving beyond compliance and towards a sustainable ‘licence to operate’ for a disrupted world”, Hertford Seminar in Regulation 2018
The Australian state of Victoria will be implementing a new water pricing framework for the
next regulatory price review in 2018. The framework will apply to 16 of the State’s urban
water businesses and Southern Rural Water.
In May 2016, the Essential Services Commission (ESC), Victoria’s economic regulator,
released a position paper setting out a proposed, new pricing approach and invited
submissions on its proposal.3 Based on feedback received through this consultation process,
the ESC released a final report in October 2016 that sets out the water pricing framework and
approach that is to be implemented from 2018.4
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘Issues in market and regulatory governance’, Annual Westminster Conference 2016
Privatisation and untoward consequences in water services: the regulator’s role
Utilities were privatised:-
to enable them to finance investment outside public expenditure controls,
to improve choice for customers through greater competition, and
to harness private enterprise to increase efficiency through incentive regulation.
A regulator (Ofwat) was appointed, independent of Ministers, with statutory duties to secure
that regulated companies carry out their legal duties, and can finance them, and to protect
customers from abuse of monopoly power.
Delivered as part of ‘Symposium’, Annual Competition and Regulation Conference 2015
Delivered as part of ‘Regulation of markets and networks in the UK: the state of play in a period of economic and political insecurity’, Annual Westminster Conference 2015
Delivered as part of ‘Coherence and stability in regulatory practice’, Annual Westminster Conference 2014