On behalf of Agency for the Regulation of Natural Monopolies (AREM), ECA reviewed the approaches to regulation of the power and heat sectors, plus the overall institutional and legal framework for the regulation of natural monopolies. This included an assessment of the effectiveness of the existing processes used and a comparison of methodologies applied against international best practice. The assessment was used to identify legal amendments and changes to the existing methodologies required to reduce regulatory risk and increase investor confidence.
ECONOMIC CONSULTING ASSOCIATES
