Regulation and Governance
Effective power sector policy and regulations set the conditions to achieve economic, social, and environmental goals at the lowest cost.
Charting a Course to a Clean Energy Future
The electricity industry is undergoing massive changes, driven by the low cost of clean technologies, public demand for improved environmental performance, and increasingly competitive markets for both energy supply and demand-side resources. But in most nations, these markets are still governed by various layers of regulations. The way these regulations are structured and implemented today will determine the electricity system of the future.
Utility regulators face a host of challenges in ensuring the fairness and transparency of the regulatory process. They must be responsive to various stakeholder groups, anticipate the implications of rapid changes in technology and markets, and ensure that public policy objectives are achieved. RAP is a trusted partner to power sector and environmental regulators, helping them align utility regulation with public policy, technology, and emergent trends in the marketplace. We focus on strategies that consider the benefits, costs, and risks of a portfolio of resources, including traditional power generating stations, distributed energy, end-use efficiency, and demand-side resources.
RAP helps policymakers and regulators address the complex issues associated with the transformation taking place in the power sector, ensuring that evolving regulatory regimes can accommodate clean technologies, competitive markets, demand-side resources, and customer choice.
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