PURC Regulatory Training Course for the Public Utilities Regulatory Commission of Grenada
November 29 - December 1, 2016
St. George's, Grenada
What are the four types of conflicts most often encountered in the course of utility regulation? What is the most important aspect of reforming the electricity industry or market structure? These were just two of the important areas for those helping to shape the new Public Utility Regulatory Commission in Grenada. PURC at UF was honored to work with Ministry representatives, utility executives and staff, and engaged community leaders who will be integral in shaping the nation’s new utility regulatory agency and reformed energy market in a 3-day customized program held in St. George’s. Participants first gained valuable insight into fundamentals of a regulatory system, energy markets and utility finance. Then governance models and the classifications of potential Commission staff members were examined, defined, and the respective regulatory functions were outlined. Finally, the participants engaged in small group exercises aimed at putting their new knowledge to work in understanding particular stakeholder interests of the Grenada electric utility industry and their respective goals. As the Public Utility Regulatory Commission in Grenada establishes their rules, participants will have already gained an understanding of the importance of the comprehensive set of procedures that are being developed. The course was facilitated by PURC Director of Energy Studies, Ted Kury and PURC Senior Fellow, Raj Barua.