Regulatory Sandboxes: Program Design to Accelerate Innovation for an Evolving Electric Grid

About Regulatory Sandboxes: Program Design to Accelerate Innovation for an Evolving Electric Grid

Traditional 20th century energy regulations were designed to ensure safe, reliable, and affordable electric service, and for that they have largely excelled. However, the pace of electric system transformation and technological innovation has rapidly increased over the last 15 years, and legacy regulatory structures have struggled to keep pace with the astounding rate of variable renewable energy growth and profound changes in distribution grid dynamics due to changing customer preferences and the proliferation of new technologies such as distributed energy resources.

Regulatory Sandboxes can serve as a powerful tool to create space for innovation in existing regulatory frameworks. A Regulatory Sandbox increases the speed at which regulators can facilitate innovation and integration of new technologies, by providing a framework that allows for live testing of innovations in a bounded, consumer-friendly manner. The white paper explores:

  • The value proposition of regulatory sandboxes

  • Key programmatic elements of a regulatory sandbox

  • Best practices and lessons learned from case studies

  • Tips for customizing a regulatory sandbox to a given jurisdiction

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ReportsStrategen Consulting, Inc.