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Emerging Approaches and Issues in Regulation and Governance of Infrastructure Based Services

Hiteva, R; Lovell, K; McArthur, JM; Smith, H; Zerjav, V; (2018) Emerging Approaches and Issues in Regulation and Governance of Infrastructure Based Services. (ICIF White Paper Collection ). International Centre for Infrastructure Futures (ICIF): London, UK. Green open access

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Abstract

The fragmented, complex, and disconnected nature of arrangements within and between infrastructure sectors, along with increasing interdependence between sectors, is reshaping business models of infrastructure based services, prompting the emergence of new approaches to regulation and governance. Drawing on research experience in several infrastructure sectors and reflecting upon a series of workshops, the discussion focuses on emerging issues for the regulation and governance of infrastructure based services. A series of observations from across UK infrastructure are presented, and discussed within an international context. Three emerging areas of change in infrastructure delivery are highlighted: 1) a shift from asset-focused to service-focused delivery, 2) increased cross-sector interaction and 3) changing relationships with(in) the supply chain. The presented argument is that while regulatory changes are gradually pushing the boundaries of existing arrangements, infrastructure governance has seen more extensive changes through the introduction of more and non-traditional actors; and platforms and means for coordination between (public and private) actors. The shift in focus to infrastructure service provision supports the case for improved cross-sector co-ordination, recognising infrastructure services as a bundled consumer good, and address challenges that are common across sectors, such as climate change. Digital platforms provide opportunities to engage directly with consumers and understand the aggregate value and impacts of bundled infrastructure services. Across sectors, there are opportunities and requirements for closer, more open and responsive relationships between infrastructure providers and regulators, which challenge existing imperatives for regulatory independence and certainty. Focusing on infrastructure provision, policy-making and regulation in the UK and internationally, we bring to light recent innovations, tensions and opportunities for the future of infrastructure provision in the UK.

Type: Working / discussion paper
Title: Emerging Approaches and Issues in Regulation and Governance of Infrastructure Based Services
Open access status: An open access version is available from UCL Discovery
DOI: 10.14324/000.wp.10060167
Publisher version: https://doi.org/10.14324/000.wp.10060167
Language: English
Additional information: Funded by EPSRC & ESRC (grant number EP/K012347/1).
Keywords: regulation, governance, infrastructure based services, infrastructure delivery, infrastructure interdependencies
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > STEaPP
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt
URI: https://discovery.ucl.ac.uk/id/eprint/10060167
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