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Why the Americans may have better utility regulation than the rest of us
Hancock's blog
English - December 31, 2021 23:00 - 9 minutes - 8.4 MBBusiness News Business News dso economics electricvehicles utilities batteries democratisation der deregulation disruption electricitymarkets Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The one about a foreign utility investor and the UK government
I’m talking to Tim Tutton who was in the mainstream of UK electricity and gas market reform from the late 1980s, including 8 years as Director of Regulation at National Grid.
Tim wrote a stimulating paper Does Ofgem have a future? for the economic consultancy Oxera in May this year. It’s a provocative challenge and I thought it would be fun to invite him onto the podcast to explore the themes in it – both his specific observations about the UK and the general issues they raise about governments and their agencies in our industry.
Last week, Tim contrasted the theoretically ideal relationship between a government and its regulator and recent European experience. This week, he looks to America and finds things look a bit different there.