PRINCIPLES OF REGULATION TO PROMOTE ENERGY EFFICIENCY IN THE BLACK SEA REGION

The objective of the ‘Principles of Regulation to Promote Energy Efficiency in the Black Sea Region’ is to map the link between the activities of National Energy Regulatory Authorities (NERAs) and the decisions of licensed companies and final customers with regard to energy efficiency. It provides a concise overview of the incentives and obligations NERAs can apply to encourage energy efficient behavior on their side. The document intends to promote the application of good regulatory practices with regard to energy efficiency in the Black Sea region.