New !! Our policy brief on how economic #regulators bolster the #resilience of network sectorsduring #COVID19 crisis

"When the going gets tough, the tough get going"
Read here http://oe.cd/3aP 

KEY MESSAGES - thread
#Utilities #regulation #Governance

1. Reminder: network sectors that are based on natural monopolies are usually regulated by #independent #economic #regulators in OECD countries : see our Indicators on the Gov of Sector Regulators https://oe.cd/igsr 

2. Continuity of service was ensured via measures addressing delivery of essential services, support to vulnerable customers, financial security of operators

Resilience of system attests to relevance of its governance model

3. Regulators eased burden on industry via regulatory easements and more flexibility, e.g. on reporting requirements

Decision criteria and time bound nature of adjustments are key for accountability and legitimacy

4. Regulators report increased co-ordination w/ executive and stakeholders, dedicated rapid decision-making and new ways of working

Lessons to be learnt for more agility and outcome-focus for “normal times”

5. Economic, social, behavioural effects and gov responses will continue to transform utility sectors. How will investment and market structure change? How will role of econ regulators evolve?

Important questions remain for the "new future"

6. Going forward...

the expertise, in-depth data and objective advice of econ regulators can provide valuable inputs regarding the efficiency and resilience of markets and new models

7. Policy brief includes examples of practice by 28 regulators (16 countries), members of OECD Network of Economic Regulators – thank you for your participation
@acccgovau @AnatelGovBR @ANEEL_govbr @ANTT_oficial @CER_REC @CTA_gc @ART_transports @CRE_energie @TraficomFinland ..

8. Cont'd @bnetza ETT & RAS @ARERA_it @ART_Trasporti VERT @IFT_MX @NZComCom @OSIPTEL AMT, ERSAR &ERSE @FAS_RF @CNMC_ES @BTKbasin @Ofcom @Ofgem @railandroad

9. ... and the brief was compiled by the NER dream team @MarthaBaxter @alexddurand @amg_smn @vvlangen @JamesRDrummond

cc @regreform @mejoresgobs @Chaire_GovReg @JMGlachant @maudussauge @carlos_santiso @MartinLodge @FabiolaOPerales