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As an independent member of the European Union, Scotland will be required to create a national regulatory authority for energy. The Scottish Government’s proposal of a new combined economic regulator will bring together the economic regulatory functions of communications, energy, transport and water. The energy arm of the Scottish Regulator could, in principle, be based at the Scottish offices of Ofgem. This Scottish regulator will work in partnership with the energy regulator in England and Wales in a model of shared regulation of the integrated GB-wide market.

Source: Scotland's Future, Scottish Government, November 2013.