Introduction to Energy Regulation

ERRA Summer School  – Introduction to Energy Regulation

Budapest, 29th June – 4th July 2020

Economic, legal, technical and financial skills are central to the administrative and economic regulation of the public utilities. The constantly changing environment not only requires proper response from the regulatory side, it is also essential to be aware of the global trends in the energy sector. The current economic climate across the world and the emergence of renewable energy sources have pointed to the need of addressing recent technological innovations that demand a different approach to regulatory practice. Corresponding to these new challenges the training course aims to focus on some of the discussed topics from a “smart perspective”.

Course Objectives:

This 6-day training course will be organised into thematic modules focusing on the fundamental issues and global trends of energy sector regulation. The training program combines “classic” regulation under the traditional vertically integrated industry structure with up-to-date issues of regulation by discussing the topics from a “smart” point of view. The prime objective of the course is to provide basic technical, economic and legal regulatory skills that are needed to design and manage successful regulatory systems for the energy industry and at the same time provide insights to the recent challenges brought by stringent climate objectives and technological development.

 

More information and registration here:

https://erranet.org/training/18th-erra-summer-school/

Retail and Wholesale Market Monitoring

CEER Online Training – Retail and Wholesale Market Monitoring

10th-12th June, 2020

• Review the retail market design in Europe, its new legal framework with the Clean Energy Package and the new challenges for regulators
• Exchange best practice of retail market monitoring, including national experiences from different countries covering practical approaches in data collection and analysis, indicators and metrics used for the national reports and ACER-CEER Market Monitoring Reports
• Apply the practical tools to self-assess the retail markets and identify the gaps in order to achieve the goals using the CEER’s roadmap to 2025 Well-Functioning Retail Energy Markets
• Explore the new tasks, challenges, potential problems and solutions of monitoring electricity and gas wholesale markets with the implementation of the Clean Energy Package in the context of market coupling and increasing competition and discover cases studies of wholesale market monitoring from different countries
• Participate in interesting discussions and course work to apply learning from these issues

More information and registration here:

https://www.ceer.eu/market-monitoring-april-2020

Principles of Economic Regulation and Electricity Tariffs

ERRA Principles of Economic Regulation – Electricity Tariffs training course

Budapest, 10-13 February, 2020

The training program is an opportunity for regulation and utility professionals to obtain a detailed insight into the allowed revenue calculation and electricity tariff-setting process. This important and technically complex role of regulators will be broken down in a step-by-step fashion, with a 4-day interactive training programme, to ensure trainees obtain a sound understanding of the fundamental objectives of price regulation and the techniques regulators employ to achieve them. Theoretical discussions and examples of international best practices will be complemented by practical excel exercises.

ERRA is teaming up with DNV GL to cover topics related to wholesale market deregulation, renewable energy support schemes, capital expenditure efficiency analysis and converting revenues into distribution and transmission tariffs. Theoretical discussions will be coupled with practical excel exercises, making this 10th ERRA tariff course one of a kind.

 

The training will commence with a high-level overview of the regulatory roles in price regulation, discussing fundamental economic principles behind regulation, addressing market failures and regulatory intervention and reviewing renewable energy pricing principles.  Emphasis will then be placed into transmission and distribution network regulation, the main components of the allowed revenues under the building block approach and regulatory tools in reviewing the reasonableness of capital expenditure investment plans. This will include an assessment of investment risks in infrastructure regulation, risk-mitigation mechanisms through predictable regulation and efficiency analysis for imputing efficiency gains into capital and operational expenditure.

Following a top-down approach, after setting the allowed revenues, regulators are faced with the challenge of converting these revenues to regulated tariffs and charges. The training course will discuss principles of transmission and distribution network charges and review objectives of various systems of tariff design and cost-allocation methodologies.

Finally, the course will focus on challenges of deregulating retail markets and mitigating impacts of market exposure on customers, institutional roles in protecting vulnerable customers and examples of protection schemes that mitigate market distortion.

The Tariff Training Course is eligible for 10 credits and contributes towards ERRA’s Certified Energy Regulator award.

 

More information and registration here:

https://bit.ly/2Rzki61

46th ICER Steering Committee Meeting and 1st Preparatory Meeting of the VIII WFER

On October 21st the 46th meeting of the ICER Steering Committee took place in Lima, Peru. The Chair and the representatives of the different associations gathered to commemorate ten years of the foundation of ICER. Since then, our Confederation has positioned as the global network of energy regulators par excellence.

In this regard, we updated our Statutes and sign them in an official ceremony to consolidate our governance and be consistent over time. With the representatives of the Steering Committee, the international coordination of the VIII World Forum of Energy Regulation (WFER2021) begun. The main theme is “The Energy Transformation Challenge” with four main pillars: competitiveness, institutionality, universal access to energy and energy transition.