LUCELEC and CARILEC collaborate on regulatory training

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LUCELEC and CARILEC collaborate on regulatory training

St. Lucia Electricity Services Limited (LUCELEC) is collaborating with Caribbean Electric Utility Service Corporation (CARILEC) to host a three-day seminar on regulation of the electricity sector.

The seminar entitled ‘The Challenges and Opportunities of Regulation’, will discuss regulatory theory and all stages of the regulatory process — from law and rule-making to institutional frameworks and enforcement.

It will consider regulation from the perspectives of economists, lawyers, sociologists, political scientists and utilities, and how regulation operates on the ground.

CARILEC says the seminar seeks to build capacity among its members as the electricity industry in the region is witnessing major adjustments in the regulatory framework and approach to regulation in the various territories. It forms part of the process of preparing the electric utilities for engagement on what a “best practice” regulatory environment for the OECS should be.

The seminar will be held at LUCELEC’s Training Room in Cul-De-Sac from October 28 to 30, and will be facilitated by two experts on regulation from the London School of Economics, Professors Graham Baldwin and Veerle Heyvaert.

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