Principles of Regulation to Promote the Development of Renewable Energy Sources (RES) in the Black Sea Region

The ‘Principles of Regulation to Promote the Development of Renewable Energy Sources (RES) in the Black Sea Region’ presents comprehensive information for national energy regulatory authorities in the Black Sea region to promote a more efficient development and utilization of renewable energy resources through a better understanding of various roles and decisions of regulatory agencies, governmental institutions and the power industry in the emerging field of renewable energy. As an everyday practical resource to an energy regulator’s work, the Principles offers an instructive review of interrelations between regulatory policy and technological issues with an opportunity to establish more coordinated approaches and stronger regulatory cooperation in the sphere of renewable energy. The Principles adds a significant value to the existing regulatory mandates by enhancing the internal capacities and creating opportunities for cross-border electricity exchanges and exploiting resource complementarities at a regional level. Furthermore, it is our hope that the Principles will become an important tool for supporting the work of national governments, state agencies and other institutions with significant authorities over the renewable energy sector.

In eight sections, the Principles examines the emerging role the energy regulatory authorities play in implementing particular measures that aid the renewable electricity (RES-E) sector development, and underscore select actions and obstacles to mobilizing private and public investments for the greater RES-E expansion.