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GCRA - Strategic and Operational Priorities

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IV<br />

Areas of <strong>Operational</strong> Focus<br />

Support ongoing delivery of States policy in the energy sector.<br />

The States of Guernsey agreed a<br />

policy letter ‘Guernsey Electricity-<br />

Regulation’ dated 18th May 2021, which<br />

was approved by the States on 10th<br />

September 2021 on the regulation of<br />

electricity prices by the States through<br />

the States Trading <strong>and</strong> Supervisory Board.<br />

An ordinance <strong>and</strong> States Directions to give<br />

effect to the policy decision are currently<br />

being drafted. The <strong>GCRA</strong> agreed to support<br />

the further development <strong>and</strong> delivery of<br />

States policy ambitions in this sector <strong>and</strong><br />

related workstreams will be developed<br />

accordingly.<br />

16 | GUERNSEY COMPETITION & REGULATORY AUTHORITY

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