Robust regulatory regimes, in all the markets to which an offshore grid connects, are a pre-requisite for success. However, ensuring that regulatory regimes, including access and charging rules, are fit-for-purpose and consistent, can be a significant task. Where this is not the case it can give rise to inefficient outcomes and potentially fail to facilitate greater competition and interconnection.
Offshore Grid Solutions has an in-depth knowledge of regulatory regimes in both theory and practice and is able to identify the key consequences of regimes for grid development and develop practicable options for adoption. Our knowledge of regulatory issues includes expertise in the following areas:
- Alternative approaches to economic regulation
- Approaches to access, charging and cost recovery
- Regulation in environmental management systems.
