Regulatory visibility remains key to energy investment
Energy regulators have highlighted the need for regulatory visibility to foster investor confidence in the energy sector Energy regulators have highlighted the need for regulatory visibility to foster investor confidence in the energy sector.
29 September 2017
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Sudden regulatory changes can act as a barrier to investment in the energy sector as a whole, delegates at the Energy Regulators Regional Association (ERRA) conference in Astana, Kazakhstan heard this week.
Henning Wuester, director of the Centre of Knowledge at the International Renewables Energy Agency, pointed to some “shocking examples” of retroactive changes to renewables support schemes in a number of countries. Spain, for example, has made big cuts to subsidies for wind and solar power generators in recent years.
“Once you introduce a subsidy it...
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