Objective: The objective of this study is to propose alternative structures for the regulation of electricity, taking into account new variables posed by the energy transition. Theoretical Framework: This article is grounded mainly in scholarly literature from law and economics, corporate law, regulatory law and collective action theories, but places them in a new perspective with the support of ESG and energy transition literature. Method: The main methodology adopted for this study was review and discussion of scholarly work. Results and Discussion: The results obtained indicate that the traditional models proposed to deal with energy regulation are insufficient to address new challenges broguth by energy transition, and proposes a new, innovative model based on a shared-ownership structure. Research Implications: The study´s implications are significant for policymakers, private agents in the energy sector and, also, for governmental agents in the sector. The regulatory model proposed has implications for the relationship between public goods and the regulation of energy, as well as for the relationship between the general public and the directions of energy policy and governance. Originality and Value: This study contributes to the literature by proposing an innovative regulatory model, which build upon previous studies in the fields of energy regulation, corporate governance and collective action.
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