Agenda Archive

Water 2020: do Ofwat’s upstream market proposals hold water?

February 2016

Ofwat, the economic regulator of the water industry in England and Wales, has recently consulted on a range of proposed reforms that would affect the structure and functioning of the market for water resources. What are these proposals, and what might they mean for the water industry, particularly regarding new entry?

Electricity network regulation in Italy moves towards a new paradigm

February 2016

In December 2015, the Italian Regulatory Authority for Electricity Gas and Water (AEEGSI) adopted its final decision on the fifth electricity transmission and distribution price control review. Andrea Oglietti, Director, and Marco Delpero, Deputy Director, of AEEGSI Directorate for Infrastructures describe the main features of the new Italian electricity network regulation for the period 2016–23

Does size matter? Competition and regulation in small jurisdictions

February 2016

It is difficult to conduct competition and regulatory policy well, but the economic benefits can be substantial. This is particularly likely to be the case in small jurisdictions. Based on Oxera’s review of the competition and regulatory framework in Jersey, what are the challenges faced by authorities in applying regulatory and competition policy, and how might these be resolved?

Changing trains? Assessing options for greater on-rail competition

February 2016

What is the economic impact of introducing greater on-rail competition? A regular theme in transport markets concerns how to balance (in the same network) tendering for socially necessary services, and the benefits of competition where services are commercially viable. In December 2015, Oxera and consultancy, Arup, addressed this question for the GB Office of Rail and Road (ORR) in the context of the GB passenger intercity rail market