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| + | ====== Impact Assessments for Regulatory Experimenting ====== | ||
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| + | ===== What is Impact Assessment? ===== | ||
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| + | ==== output - outcome - impact ==== | ||
| + | ==== Transformative Outcomes ==== | ||
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| + | ===== Evidence ===== | ||
| + | ==== Do Regulatory sandboxes speed up innovation in energy? [Beckstedde E. et al. 2023]==== | ||
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| + | A recent study published in //Energy Policy// came to the conclusions that “regulatory derogations can accelerate the rollout of renewables”. | ||
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| + | With respect to instrumental design the conclusions are: | ||
| + | "1) the entity responsible for the administration of the sandbox program and the derogations that can be granted to sandbox projects are the most important parameters when designing a sandbox framework, as they directly impact the potential for regulatory learning and the scope of sandbox projects. | ||
| + | 2) the application process and the reporting of the lessons learned also influence the performance of the sandbox framework. While a call-based application process allows regulators to highlight regulatory themes, it can rush innovators into applications." | ||
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| + | Two policy implications were identified: | ||
| + | " | ||
| + | 2) Second, to promote innovation and regulatory learning, it is important to make the regulatory scope of the sandboxes as open as possible while keeping it tangible for project applicants. | ||
| + | Best practices found in the analyzed regulatory frameworks are twofold: | ||
| + | 1) including multiple regulatory entities in the administration process and having an open approach towards regulatory derogations while providing regulatory advice to sandbox applicants. | ||
| + | 2) Besides that, administrators should continuously evaluate and update the sandbox program, especially if they organize dedicated calls." | ||
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| + | [Source: Beckstedde, Ellen, Mauricio Correa Ramírez, Rafael Cossent, Janka Vanschoenwinkel, | ||
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