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Training

Course Programme

Monday, February 17 – Fundamentals of Price Regulation in the Energy Sector

 

Morning

8:00 –  8:30  

Registration

Participants

8:30 –  9:00

Opening Address and   Introduction of Participants

Péter Kaderják, Course   Director; Director, Regional Center for Energy Policy Research (REKK)
  

Krisztina Kasza, Program   Director, Energy Regulators Regional Assoiation (ERRA)

09:00– 09:45

Price   Regulation in the Energy Sector: Introduction   

 

Péter Kaderják, Course   Director; Director, Regional Center for Energy Policy Research (REKK)

09:45 -10.00

Coffee break

10:00 – 11:00

Economic Fundamentals of Price Regulation in the Energy Sector

Ted Kury, Director of Energy Studies, Public Utility Research Center   at the University of Florida (PURC), US

11:00 – 11.15

Break

 

11:15 – 13:00

Components of the Revenue Requirement

 

Ted Kury, Director of Energy Studies, Public Utility Research Center   at the University of Florida (PURC), US

Afternoon

14:00 – 15:15

Cost of Service Regulation in the US Tradition: Process and   Outstanding Regulatory Issues

Ted Kury, Director of Energy Studies, Public Utility Research Center   at the University of Florida (PURC), US

15:15– 15:30

Coffee break

15:30 – 17:00

Case Study: Tariff   Design for a Privately Owned Electric Utility – the US example

Ted Kury, Director of Energy Studies, Public Utility Research Center   at the University of Florida (PURC), US

 19:00

Group Dinner at the Restaurant "Trofea"

 

Tuesday, February 18 – Incentive Price Regulation

Morning

8:30 – 10:00

 

Introduction to Incentive   Price Regulation

Péter Kaderják, Course   Director; Director, Regional Center for Energy Policy Research (REKK)

10:00 –10:30

Coffee break

10:30 –12:30

 

The Dutch Experience   With Incentive Price Regulation

Bas Postema, Netherlands Consumer Authority, The Netherlands

Afternoon

13:30 – 15:00

Benchmarking of   Electricity Distribution Companies in ERRA Member Countries

Nebojsa Despotovic, Senior Expert for Economics and Finance, Energy Agency of the Republic of Serbia

15:00 – 15:15

Coffee break

 

15:15 – 17:00

Group Work: Regulators' Game

Moderator: REKK staff

Wednesday, February 19 – Tariff Design Exercises

Morning

8:30 – 10:00

Group Work: Electricity   Tariff Calculation + Group Asignment*

 

Moderator: REKK staff

10:00 – 10:30

Coffee break

10:30 – 12:00

Case Study: Price Regulation of the Natural Gas Sector in Turkey

Mehmet Erturk, Acting Head of Tariff Department, Energy Market
Regulatory Authority of Turkey
(EMRA)  

Afternoon

13:30 – 15:00

Exercise: Weighted Average   Cost of Capital (WACC) Calculation

Moderator: László Szabó, Senior Research   Associate, Regional Centre for Energy Policy Research (REKK)

15:15 –

Social Programme: Hungarian State Opera and Bus City tour

 

*The Group Assignment will last during the entire period of the Training Course: Participants will be grouped and requested to work on the exercise throughout the week.

Thursday, February 20 – Tariff Setting Regulatory Tasks under a Liberalized Market Environment

Morning

8:30 – 10:00

Regulating and   Pricing Network Access

László   Szabó, Senior Research   Associate, Regional Centre for Energy Policy Research (REKK)

10:00 –10:30

Coffee break

10:30 –12:00

Tariff design for   transmission and distribution in Lithuania: the process and outstanding   issues

Aistija Zubaviciute, Advisor, Electricity   Department, National Control Commission for Prices and Energy in Lithuania   (NCC)

 

Afternoon

13.00- 14:30

Hot topics in price   regulation “Round table discussion based on case studies by participants”

 

Selected participants

14.30 - 15:00

Coffee break

 

15:00 – 16:30

The Pricing of Ancillary Services

András Mezősi, Senior Research Associate, Regional Centre for   Energy Policy Research (REKK)

 

Friday, February 21 – Tariff Setting Regulatory Tasks Related to Public Service Obligations

Morning

8:30 – 10:00

Pricing   Renewable Electricity

Péter Kaderják, Course Director; Director, Regional   Center for Energy Policy Research (REKK)

10:00 – 10:15

Coffee break

10:15 – 11:40

Experiences with End-Customer   Price Regulation in Hungary

Csaba Kovács, Director, KPMG Hungary

11:40 – 12:30

Final Test

Participants

Afternoon

13:30 – 15:30

Group Work: Group   Presentation & Discussion of the Electricity Tariff Calculation Exercise

Moderator: Péter Kaderják, Course   Director; Director, Regional Center for Energy Policy Research (REKK)

15:30 – 16:00

Course Evaluation
Final Comments and Farewell

Péter Kaderják, Course   Director; Director, Regional Center for Energy Policy Research (REKK)

 

ERRA reserves the right to change the published agenda at any time during the organisation and implementation of the programme