In this article we describe steps that governments and investors can take to mitigate regulatory risk. Such risk mitigation applies a set of institutional and financial instruments to make risks and rewards commensurate with each other, promoting efficient investment. Managers and investors are...

Nuclear power is one of many options available to achieve reduced carbon dioxide emissions likely to be mandated by an (as yet) undefined national climate change policy. Investment costs in nuclear power are greater than in any other conventional generating technology. They are irreversible and...

This article examines how risk is reflected in infrastructure regulatory contracts, using examples from water utilities to illustrate key points. Partnerships between public and private sectors in capital intensive network services require risks to be assigned to the contractual party that is...