Regulatory sandboxes and pilot projects: Trials, regulations, and insights in energy transition

The global energy landscape is evolving, with an increasing focus on sustainability and the transition towards cleaner energy sources. As countries strive to meet their climate goals and reduce carbon emissions, the energy transition has become a critical imperative. In this endeavor, the role of regulatory sandboxes has emerged as a promising approach to foster innovation, accelerate technological advancements and overcome regulatory barriers in the energy sector. Many regulatory authorities introduce legislations incorporating the concept of ‘sandbox’ to create a regulatory framework and an experimental environment that encourages participation and integrates infrastructure with new technologies and business processes for facilitating and accelerating the energy transition.