The Course on Energy Regulatory Practices is organized by the Energy Regulators Regional Association (ERRA). Professional development in energy regulation requires a working knowledge of regulatory economics, an understanding of policy impacts, and the ability to navigate national policy processes, and effective agency management of the legal and organizational processes necessary for adequate "due-process" protection in regulatory activities.
The course curriculum in 2005 included the following main regulatory topics:
- Restructuring of financial and physical infrastructures in CEE
- Role and functions of the regulator
- Theory and principles of economic regulation
- Energy sector liberalization and market reform - global trends and developments in the EU countries
- Basics on the legal aspects of regulatory work
- Public involvement and dispute resolution techniques
- EU energy and competition law
- Benchmarking of regulatory commissions
Case presentations
- Reduced legal status of regulator (Georgia)
- Information withholding (Lithuania)
- Unaccepted costs (Romania)
- Natural gas tariffs (Latvia)
- Market Design Problems (Albania)
- Power purchase agreements (Hungary)
- Financial analysis of energy companies
- From costs to prices
- Rate-of-return and incentive-based price regulations and the role of benchmarking
- Tariff design for networks and end-users
- Service quality regulation in the network industry
- Regulation of unbundled networks in electricity: access rules, investment, and access pricing. System operation
- Quality-adjusted network pricing
- Restructuring of the gas industry: basic elements and models
- Regional energy market initiatives
- Licensing: regulating entry, supervision and enforcement
- EU Gas regulation + Gas release programs
- Tariff solutions for low-income consumers
- Pricing electricity from renewable sources and co-generation
- Some consequences of private participation in the energy sector
Target audience
Junior and newer energy regulatory commissioners/staff who are current and future policymakers in their countries and whose employment should be no more than 2 years at the regulatory organization. In addition, we expect researchers, PhD students, and/or professors. The maximum number of available slots for this latter group is 5.
The level of education is advanced academic.
The course is organized bilingually, with simultaneous Russian interpretation provided.
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