Safety Issues in Regulation Activities/Les Problèmes de Sécurité dans le Domaine de la Regulation - An IGU Paper
Article from: OGEL 4 (2003), in National and International Issues in Natural Gas Development
Summary
The gas industry is facing rapid changes worldwide. Privatisation of utilities, competition in supply, vertical separation of activities (unbundling), new regulation strategies and instruments may generate lower prices for final customers, more economic competition and opportunities for newcomers, but also the risk of decreasing care toward public interest and safety. In such a situation, an increasing role for regulators is emerging: both for traditional regulators like Ministries or technical bodies, and for new energy independent regulators, that were created in most industrialised and ...