The Regulatory Authority of Bermuda [RA] released its sectoral review, with a focus on the electricity sector. A spokesperson said, “Fulfilling legislative obligations and aligning with mandates, the Regulatory Authority of Bermuda [RA] has released its sectoral review, with focus on the electricity sector. This periodic review, conducted every three years as per the Regulatory Authority Act 2011 [RAA], aims to optimise the efficiency of the existing regulatory framework. “This essential exercise ensures regulatory alignment with evolving sector needs,” stated Richard Ambrosio, Interim Chief Executive of the RA. He continued, “In our commitment to transparency, we’ve concluded the sectoral review preliminarily report.

Source: The Nation January 29, 2024 19:33 UTC