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The Restructuring of Public Utilities has required a new set of regulatory principles that can ensure fair competition in the marketplace. As a result, OECD Member countries have changed their regulatory frameworks for the Public Utilities sectors as Restructuring in the Public Utilities was implemented. Consequently, together with the changes in regulatory rules, there have been changes in the role of regulatory institutions in the Public Utilities sector.
One of the most visible institutional changes is the growing involvement of competition authorities in Public Utilities regulation. In spite of the presence of the sector specific regulator (either as a newly established independent regulator or a traditional government body), as competition has developed the role of competition authorities has increased in the Public Utilities sectors. It has increased through forbearance by the sector specific regulator and/or the abolition of the exemption on applying general competition rules to the Public Utilities sectors. The growing involvement of the competition authority raises the issue of inconsistent jurisdiction in the sector which may create problems for market participants in making business decisions. In order to reduce business risks due to regulatory uncertainty, Member countries are using various methods to prevent conflict in jurisdiction between regulatory bodies. This paper aims to stimulate reflection on best-practice regulation by undertaking a comparative examination on the role of regulatory institutions and the relationship between them with emphasis on the restructuring of Korean electric power Industry.
One of the most visible institutional changes is the growing involvement of competition authorities in Public Utilities regulation. In spite of the presence of the sector specific regulator (either as a newly established independent regulator or a traditional government body), as competition has developed the role of competition authorities has increased in the Public Utilities sectors. It has increased through forbearance by the sector specific regulator and/or the abolition of the exemption on applying general competition rules to the Public Utilities sectors. The growing involvement of the competition authority raises the issue of inconsistent jurisdiction in the sector which may create problems for market participants in making business decisions. In order to reduce business risks due to regulatory uncertainty, Member countries are using various methods to prevent conflict in jurisdiction between regulatory bodies. This paper aims to stimulate reflection on best-practice regulation by undertaking a comparative examination on the role of regulatory institutions and the relationship between them with emphasis on the restructuring of Korean electric power Industry.
목차
I. 머리말
II. 전력산업의 구조개편 개관
III. 공익사업 규제의 권한 배분에 관한 일반적 고찰
IV. 우리 나라의 전력시장 규제체제
V. 결론: 효율적인 전력시장 규제체제 건설의 기본방향
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UCI(KEPA) : I410-ECN-0101-2009-366-013557404