Our G+T regulated infrastructure team has published its annual review for 2014.
Recognising the continuing convergence of policy and approach across regulated industries, we share some insights into four developments in regulatory practice from 2014 of important, cross-sectoral significance:
- The merits and pitfalls of a structurally separated 'infrastructure tzar' as proposed by the Harper Review
- Recent developments in dealing with declining demand, the 'death spiral' and building block models
- Some observations about recent signs of a turning tide on merits review
- Insightson upcoming return on equity debates for regulated infrastructure businesses
We trust that you enjoy this snapshot of what has been a busy year in infrastructure regulation.
The team at Gilbert + Tobin wish you a relaxed and restful holiday season.