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Act No. 250/2012 on regulation of network industries as amended

2012LegislativeMitigationMore details
Sectors: Energy, Industry, Water
The Act gives new competences to the independent national energy regulator with regard to determining prices of energy for each supplier and licensing new market participants.

This Act lays down provisions concerning functioning of network industries including electrical energy, gas industry, thermal energy and water management. The present Act establishes the status and competence of the Regulatory Office for Network Industries, obligations of responsible persons, and rules of functioning of the internal market of electrical energy and the internal gas market. The purpose of this Act is to ensure the availability of goods and related regulated activities at reasonable price and specified quality.

The act and its rules and regulations contribute to some extent to reduced support for electricity production from fossil sources, in particular coal, through price regulation.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Act No. 250/2012 on regulation of network industries as amended
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.