Eastern Caribbean peer to peer exchange

The Global Green Growth Institute and the Organisation Eastern Caribbean States organised an interactive session on 2 November for energy regulators to discuss Regulatory Guidelines on Interconnection of Customer-Owned Renewable Energy Facilities to the Grid. This knowledge exchange will help form a basis for RETA’s flagship project on Small Island Developing States.

Renewable Energy Investment Conference

RETA was presented at the Renewable Energy Investment Conference 26-28 October, organised by the Energy Regulators Regional Association and the Council of European Energy Regulators, and hosted by RETA Steering Committee member, the Georgian National Energy and Water Supply Regulatory Commission. More information can be found here.

Facilitating renewable investment is key for regulators to fulfill our goal of flexible, renewable based systems. The conference was a big step forward in deepening regulators’ knowledge, and learning from each others’ experiences.

Second RETA Steering Committee meeting

The secondmeeting of the RETA Steering Committee took place on 8 September and approved five flagship projects:

• Small Island Developing States knowledge exchange
• Principles for interconnectors
• Decarbonisation in energy regulators’ decision making
• Real time data bespoke assistance
• RETA knowledge hub

Accelerating the energy transition through international collaboration

The first public event held under RETA “Accelerating the energy transition through international collaboration” took place on 21 June. It brought together Audrey Zibelman, Vice President of Tapestry, X’s Electric Grid Moonshot and Jonathan Brearley, CEO of Ofgem to discuss the regulatory gaps for energy transition. It was followed by a panel discussion gathering several energy regulation experts and practitioners from around the world.

Agenda can be found here.

Ms Audrey Zibelman’s presentation can be found here.

First meeting of RETA Steering Committee

RETA’s Steering Committee held its first virtual meeting on Monday, 9 May 2022. The Steering Committee is composed of energy regulators from Great Britain, Australia, California, Egypt, France, Georgia, Kenya, Peru, Saint Lucia, and Singapore, for two-year renewable terms, together with the International Energy Agency, International Renewable Energy Agency and the World Bank. The Steering Committee, chaired by Jonathan Brearley, CEO of Ofgem, discussed and adopted the activities for the first year as well as RETA guidelines and rules defining its functioning.

The Steering Committee will meet at least twice a year. The date of the next meeting will be determined at a later stage.

RETA launch at the COP26.

The International Energy Agency (IEA), International Renewable Energy Agency (IRENA), Ofgem and World Bank launched at the COP26 a global initiative “Regulatory Energy Transition Accelerator” to accelerate the energy transition to provide clean, secure, and affordable supplies to everyone. Energy regulators have a key role to play in turning ambition into real-world action in hitting global climate goals. The Regulatory Accelerator enables them to collaborate to seize opportunities and solve problems to speed up the global energy transition at the lowest cost.

In particular, it can help countries with less developed energy systems to leapfrog the carbon-intensive paths other countries have previously taken.

The joint statement launched at COP26 can be found here.