This week we speak with Jan Rosenow, the Director of European Programmes at the Regulatory Assistance Project. The word, ‘project’ as Jan tells us, was meant to be a project to assistant regulators to build better utility regulation. The project operates in China, Europe, India, and the United States.
From this episode, you’ll learn about the importance of regulation in the energy transition. Markets are not free, but depend on good (and bad) regulation to create market conditions that deliver outcomes that society wants. Of course, there is a heavy dose of politics in this mix, but the main thrust is to protect the consumer.
As Jan tells us, regulation is not just regulation implemented by energy regulators, but also comprises policies that shape the markets.
From a personal point of view, I love regulation. This will sound very odd, but one of the joys of living in the EU is we have so much regulation to study and understand the impact of both a multilateral institution, like the EU, but also the actions of governments and how they implement regulation is such diverse actions.
I was really excited when Jan agreed to come onto the podcast to discuss what the Regulatory Assistance Project does, and to focus on regulation’s role in the energy transition. This episode delivers with both a general discussion on regulation in the first half and by the second half, we work our way through the role of regulation in the EU and the new Fit for 55 and Green Deal directives that are coming out.
However, I want to emphasize the eloquent way that Jan answers all my questions on regulation. Jan has a rare and true skill to be able to express the role of regulation plays in both abstract terms but also through examples. And I think what I’m saying here, doesn’t do justice to how he explains the importance and differences regulation plays in the energy transition.
The energy transition requires forward-leaning regulations that both push and pull new technologies in the marketplace. In this episode, you’ll learn both how this is done and why it is done.