Energy Regulatory Practices

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 curricula in 2006 included the following main regulatory topics:

Role and functions of the Regulator;

• Theory and principles of regulation; 
• Basics on the legal aspects of regulatory work; 
• EU energy and competition law;
• Calculating the revenue requirement; 
• Economics of tariff design; 
• Incentive price regulation;
• Group Works: 

1. Tariff setting exercise;
2. Electricity exchange exercise;
3. Regulators' game;
4. Developing a consumer satisfaction survey

• Restructuring of the electricity industry: basic elements and models;
• Restructuring of the gas industry: basic elements and models;
• Regulation and security of supply;
• Regulation of unbundled networks in electricity;
• Tariff solutions for low-income consumers;
• Regulatory Information & Public Participation;
• 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.

This course expects participants to cover all their expenses (accommodation, travel, insurance, meals, etc.). Tuition waivers are available in a limited number on a competitive basis.