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On the limits to the independence of the National Energy Regulator

Author

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  • Anna Dimitrova

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.

Suggested Citation

  • Anna Dimitrova, 2022. "On the limits to the independence of the National Energy Regulator," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 205-220.
    • Handle: RePEc:bas:econth:y:2022:i:2:p:205-220
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    More about this item

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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