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For regulatory reforms to be beneficial, the regulatory regimes need to be transparent, coherent, and
comprehensive, spanning from establishing the appropriate institutional framework to liberalising network
industries, advocating and enforcing competition policy and law and opening external and internal markets
to trade and investment.
This report on Regulatory Reform in the Electricity Industry analyses the institutional set-up and
use of policy instruments in the United States. It also includes the country-specific policy
recommendations developed by the OECD during the review process.
The report was prepared for The OECD Review of Regulatory Reform in the United States
published in 1999. The Review is one of a series of country reports carried out under the OECD’s
Regulatory Reform Programme, in response to the 1997 mandate by OECD Ministers.
Since then, the OECD has assessed regulatory policies in 16 member countries as part of its
Regulatory Reform programme. The Programme aims at assisting governments to improve regulatory
quality — that is, to reform regulations to foster competition, innovation, economic growth and important
social objectives. It assesses country’s progresses relative to the principles endorsed by member countries
in the 1997 OECD Report on Regulatory Reform.
The country reviews follow a multi-disciplinary approach and focus on the government's
capacity to manage regulatory reform, on competition policy and enforcement, on market openness,
specific sectors such as electricity and telecommunications, and on the domestic macroeconomic context.
This report was principally prepared by Sally Van Siclen of the OECD’s Division for
Competition Law and Policy in consultation with Peter Fraser of the International Energy Agency,
Bernard J. Phillips, OECD’s Division for Competition Law and Policy, and Caroline Varley, Office of
Long Term Co-operation and Policy Analysis of the IEA. It benefited from extensive comments provided
by colleagues throughout the OECD Secretariat, as well as close consultations with a wide range of
government officials, parliamentarians, business and trade union representatives, consumer groups, and
academic experts in the United States. The report was peer-reviewed by the 30 member countries of the
OECD. It is published under the authority of the OECD Secretary-General.
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