Utility Regulators : Roles and Responsibilities

There are three main issues in defining a utility regulator's role: the scope of its coverage, its role in relation to ministers, and its role in relation to other regulatory entities such as the competition agency or agencies dealing with env...

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Main Author: Smith, Warrick
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1997/10/693109/utility-regulators-roles-responsibilities
http://hdl.handle.net/10986/11571
id okr-10986-11571
recordtype oai_dc
spelling okr-10986-115712021-06-14T11:03:37Z Utility Regulators : Roles and Responsibilities Smith, Warrick TARIFFS GAS UTILITIES INDUSTRY TELECOMMUNICATIONS ANTICOMPETITIVE CONDUCT ANTITRUST ANTITRUST REGULATION CIVIL SERVICE CUSTOMER SERVICE STANDARDS ECONOMIC REGULATION ECONOMIES OF SCALE ECONOMISTS GAS INFLATION INTERGOVERNMENTAL RELATIONS MARKET POWER MONOPOLY MONOPOLY POWER NONCOMPLIANCE POWER UTILITIES PRIVATIZATION QUALITY STANDARDS REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY OBJECTIVES SECTOR RESTRUCTURING TAXATION TRADEOFFS TRANSPORT UTILITY REGULATION YIELDS There are three main issues in defining a utility regulator's role: the scope of its coverage, its role in relation to ministers, and its role in relation to other regulatory entities such as the competition agency or agencies dealing with environment or health and safety. The author makes a case for multi-industry agencies covering everything from power to water to transport. Multi-industry agencies have several advantages that are especially important for developing countries. They allow the pooling of scarce expertise. They reduce the risk of industry and political capture. They reduce the risk of inconsistency in regulatory approaches across sectors. And they help to deal with the blurring of industry boundaries as utilities enter one another's markets (as when power utilities enter telecommunications, and water and power utilities merge). 2012-08-13T15:25:36Z 2012-08-13T15:25:36Z 1997-10 http://documents.worldbank.org/curated/en/1997/10/693109/utility-regulators-roles-responsibilities Viewpoint. -- Note no. 128 (October, 1997) http://hdl.handle.net/10986/11571 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic TARIFFS
GAS UTILITIES
INDUSTRY
TELECOMMUNICATIONS ANTICOMPETITIVE CONDUCT
ANTITRUST
ANTITRUST REGULATION
CIVIL SERVICE
CUSTOMER SERVICE STANDARDS
ECONOMIC REGULATION
ECONOMIES OF SCALE
ECONOMISTS
GAS
INFLATION
INTERGOVERNMENTAL RELATIONS
MARKET POWER
MONOPOLY
MONOPOLY POWER
NONCOMPLIANCE
POWER UTILITIES
PRIVATIZATION
QUALITY STANDARDS
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY OBJECTIVES
SECTOR RESTRUCTURING
TAXATION
TRADEOFFS
TRANSPORT
UTILITY REGULATION
YIELDS
spellingShingle TARIFFS
GAS UTILITIES
INDUSTRY
TELECOMMUNICATIONS ANTICOMPETITIVE CONDUCT
ANTITRUST
ANTITRUST REGULATION
CIVIL SERVICE
CUSTOMER SERVICE STANDARDS
ECONOMIC REGULATION
ECONOMIES OF SCALE
ECONOMISTS
GAS
INFLATION
INTERGOVERNMENTAL RELATIONS
MARKET POWER
MONOPOLY
MONOPOLY POWER
NONCOMPLIANCE
POWER UTILITIES
PRIVATIZATION
QUALITY STANDARDS
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY OBJECTIVES
SECTOR RESTRUCTURING
TAXATION
TRADEOFFS
TRANSPORT
UTILITY REGULATION
YIELDS
Smith, Warrick
Utility Regulators : Roles and Responsibilities
relation Viewpoint
description There are three main issues in defining a utility regulator's role: the scope of its coverage, its role in relation to ministers, and its role in relation to other regulatory entities such as the competition agency or agencies dealing with environment or health and safety. The author makes a case for multi-industry agencies covering everything from power to water to transport. Multi-industry agencies have several advantages that are especially important for developing countries. They allow the pooling of scarce expertise. They reduce the risk of industry and political capture. They reduce the risk of inconsistency in regulatory approaches across sectors. And they help to deal with the blurring of industry boundaries as utilities enter one another's markets (as when power utilities enter telecommunications, and water and power utilities merge).
format Publications & Research :: Viewpoint
author Smith, Warrick
author_facet Smith, Warrick
author_sort Smith, Warrick
title Utility Regulators : Roles and Responsibilities
title_short Utility Regulators : Roles and Responsibilities
title_full Utility Regulators : Roles and Responsibilities
title_fullStr Utility Regulators : Roles and Responsibilities
title_full_unstemmed Utility Regulators : Roles and Responsibilities
title_sort utility regulators : roles and responsibilities
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1997/10/693109/utility-regulators-roles-responsibilities
http://hdl.handle.net/10986/11571
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