On the limits to the independence of the National Energy Regulator Cover Image

За пределите на независимостта на националния регулаторен орган в областта на енергетиката
On the limits to the independence of the National Energy Regulator

Author(s): Anna Dimitrova
Subject(s): Economy, National Economy, Energy and Environmental Studies
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: NRA independence; regulatory capture; electricity

Summary/Abstract: The article analyses the risks to the independence of regulators as a fundamental element in the liberalization of energy markets in the European Union in the light of the capture theory. Issues related to the normative aspects and current case law determining the parameters and guarantees for the independence of the regulatory authorities are studied. These are examined in the context of the current electricity price crisis and the national measures taken to address these challenges in relation to the regulated segment. Recommendations are formulated to align with good practice and with the current requirements related to the independence of the national energy regulator.

  • Issue Year: 2022
  • Issue No: 2
  • Page Range: 205-220
  • Page Count: 16
  • Language: Bulgarian