Online Debate

New trends for electricity regulation until 2050, the cases of US & UK

30 April 2025

Join this discussion to explore regulatory trends in the US and UK, assessing their implications for the future of energy markets.

Watch the recording:

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At the end of the 20th century, electricity regulation evolved to accommodate the creation of wholesale and retail markets. Today, it faces new challenges as the energy transition accelerates. How does it react regarding the frame of regulation to the growing prospects of energy transition? Can insights from the US and UK provide guidance on the future direction of electricity regulation concerned with Climate Change? Is the new presidency of Donald Trump already revisiting the recent past or the main trends? Has the UK reached a new consensus equilibrium, or not?In the newly published Handbook on Electricity Regulation, Paul Joskow (MIT), Michael Pollitt (University of Cambridge), and Jean-Michel Glachant (FSR) review the evolving landscape of Electricity Regulation, addressing the challenges of climate change and the path to Net Zero.

Programme

4.00 – 4.10: Introduction by Jean-Michel Glachant: The Handbook, the topic, the speakers.

4.10 – 4.30: Paul Joskow “Electricity Regulation in the US: the new trends”

4.30 – 4.40: Discussants Lucia Visconti (University of Milano-Bicocca), Chloé Le Coq (University Paris-Pantheon-Assas, Stockholm School of Economics-SITE)

4.40 – 5.00: Michael Pollitt “Electricity Regulation in UK: the new trends”

5.00 – 5.10: Discussants Lucia Visconti (University of Milano-Bicocca), Chloé Le Coq (University Paris-Pantheon-Assas, Stockholm School of Economics-SITE)

5.10 – 5.30: Q&A