‘The globalization of energy regulation: networks and politics intertwined’
March 6, 2014 Leave a comment
The latest offering in the CCP’s Spring seminar comes courtesy of the hugely gifted Francesca Vantaggiato (CCP) , a Research Associate at the Centre, who will be presenting her research on ‘The globalization of energy regulation: networks and politics intertwined‘ on Friday 7th March. An abstract for her seminar can be found below.
The presentation will tackle the topic of regionalism and globalization of energy regulation, as implemented by energy regulators themselves. Regionalism and/or globalization in regulatory matters have been explored in a number of other sectors, namely securities, banking, standard-setting by private bodies, competition. Energy is, among the utilities, the sector in which such developments were to be expected given the geopolitical dimension of energy issues. Currently, there are 11 energy Regional Regulatory Networks in the world, which collectively represent over 200 energy national/state regulatory authorities from all continents. RRNs usually respect a geographical criterion and have both an internal and an external function: internally, they serve to enhance members’ capacity and to socialize members; externally, they serve as means of contact with regulators and other energy stakeholders in other countries. It is hypothesised that energy regulators, in both developed and developing countries, far from being unconcerned with political and power relations, endorse domestic foreign policy objectives with regard to energy issues, and help in carrying them out also through RRNs. The regulators’ motivation to do so could be traced in their willingness to increase their own institutional relevance and legitimacy, both nationally and internationally. By examining the history and the features of these RRNs, the presentation will introduce a set of research questions that aim to investigate the extent and the goals of these regionalization processes. In particular, the role EU and USA regulators have played and play in shaping the features of other RRNs will be presented as evidence of the stated hypothesis.
The seminar takes place from 13:00-14:00 in the Thomas Paine Study Centre, Room 1.1.