Istanbul hosts ‘World Forum on Energy Regulation’

Sixth World Forum on Energy Regulation, which aims to develop a common approach to energy regulation, starts on Monday in Istanbul

Photo by: Reuters
Photo by: Reuters

Updated Jul 28, 2015

The four-day World Forum on Energy Regulation, hosted by the Energy Market Regulatory Authority (EMRA), will start on Monday in Istanbul. The forum aims to develop a common approach to energy regulation by bringing together regulatory heads and representatives.

Turkish President Recep Tayyip Erdoğan, Energy Minister Taner Yıldız and EMRA head Mustafa Yılmaz will hold opening speeches. The opening session will focus on trade-offs between investor and consumer interests and the role regulators can play in balancing the interests of stakeholders.

The forum will handle “Benefiting from Change” headline and will discuss challenges and opportunities caused by political change and technological development.

The panel will be made up of Klaus-Dieter Borchardt, director at the European Commission's Directorate on the Internal Energy Market; Susan Ackerman, vice president of the Oregon Public Utility Commission; Hafez El-Salmawy, from the Egyptian Electric Utility and Customer protection regulatory agency; and Marie-Jose Nadeau, chairman of the World Energy Council.

The forum will include four main subjects for discussion: balancing the interests of shareholders; benefiting from innovation; regulation and sustainability; and ways to more rational regulation.

High-level discussions on sustainable and reliable energy supply as well as common approaches to more reasonable and compatible regulatory systems will also be held for an audience of regulatory agencies, energy companies, specialists and academics.

The forum will also host two special sessions on the struggle of energy-poor regions and the forthcoming G20 meeting the southern city of Antalya.