COMPARATIVE ANALYSIS OF ENERGY REGULATORS SERBIA, CROATIA AND MONTENEGRO
COMPARATIVE ANALYSIS OF ENERGY REGULATORS SERBIA, CROATIA AND MONTENEGRO

Summary/Abstract: Since the establishment of independent regulatory bodies, to date, their work has been continuously developed along with the extension of their competencies. One of the key features of regulatory institutions is their independence which allows them to strike a balance between the opposing interests of energy companies, consumers and policy makers. In order for this to be feasible, it is necessary that the energy sector be excluded from the sphere of politics. In achieving this goal, the regulators, at the European and national levels, must have the dominant role, which should enable the proper balance between the political and market aspects. The second question is whether the energy sector can be clearly defined and different from other sectors, and as such survive in the future? Bearing in mind the complexity of the tasks of independent regulatory bodies, as well as the need to create a favorable environment for their proper work, it is clear why they originated first in modern states and their legal systems. The paper analyses three energy regulators, through an overview of their foundation, organization, goals and tasks they perform. The current regulatory phase is greatly influenced by the changes taking place in EU policies, which certainly influence the new and different approach to energy regulation.

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