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 initiative’s goals have been confirmed as accelerating:

• flexible, renewable-based systems;
• regulatory frameworks to deliver the energy transition;
• network planning for wide scale electrification;
• regional interconnection
• a fair and inclusive energy transition

These objectives are to be delivered through dissemination workshops, bilateral and multilateral exchanges, bespoke technical assistance and knowledge products.
The Steering Committee will meet at least twice a year. The date of the next meeting will be determined at a later stage.

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.

Presentation of IRENA’s report “RE-organising Power Systems for the Transition” at ICER’s July workshop

RETA partnered with the International Confederation of Energy Regulators to provide a dissemination workshop on the International Renewable Energy Agency’s Reorganising Power Systems for the Transition report in July. The recording of the workshop can be viewed here. IRENA’s report explores enablers and barriers to the transition, and proposes a new power system organisational structure, fit for the renewable era, that can support low-cost renewable generation and long-term investments in system adequacy, complemented by diverse and flexible generation options to ensure a reliable power system to support the energy transition.