3. Programme 3: Energy Regulation This programme regulates and provides enforcement in the energy sector. It also develops specifications, standards and conditions for petroleum products; ensures the security of liquid fuels; and facilitate the implementation of renewable technologies and clean development mechanisms. A total R488.4 million was allocated for programme 3 in the 2010/11 financial year, representing 7.73 per cent of the budget vote. The budget increased by R68.8 million (20.24 per cent) in nominal terms or R43.1 million (12.69 per cent) in real terms. Although this is a new programme, the programme constitutes of sub-programmes existed during the previous year and comparison is drawn from those sub-programmes. The programme consists of four sub-programmes, namely, Petroleum Licensing and Monitoring, Hydrocarbons Operations, Clean Energy and Public Entity Oversight.