Based on data collected from 20 Mediterranean energy regulatory authorities and ministries, the Energy Regulatory Outlook presents the status of energy regulation in the Mediterranean Basin and aims to provide a complete overview about how the national energy sectors are ruled, ranging from independent entities to governmental bodies. Each regulator is analyzed according to a number of dimensions (such as independence, organization, transparency and accountability).
The report shows that most Mediterranean regulators are independent and empowered entities working to support the opening of the energy markets and mandated to define tariffs, issue binding decisions and sanction sector participants. However, the report indicates that in some countries the role and competences of the regulator could benefit from clarification and improvement in terms of tariff definition, dispute settlement between industry and customers and the protection of vulnerable consumers.