The Regional Electricity Regulators Association of Southern Africa (RERA) was formed in 2012, and in March 2014 hosted a meeting of similar bodies from emerging markets around the world to exchange ideas.
This took the form of a high level indaba in Johannesburg, the second of its kind following an inaugural meeting between such bodies hosted in Istanbul, Turkey, during 2013.
Apart from RERA, other regulatory groupings exist which are relevant to emerging markets. One of these is the Energy Regulators Regional Association (ERRA), a voluntary organisation of independent energy regulatory bodies primarily from the central European and Eurasian regions, with affiliates from Africa, Asia, the Middle East and the Americas. Alparslan Bayraktar, from Turkey, the acting chairman of ERRA, says that regulation of the electricity sector is a long term process, and in most parts of the world, apart from the USA, national electricity regulators are fairly new entities.