The Energy Regulators Regional Association (ERRA)
is pleased to announce its pilot Training Course on
Introduction to Water Utility Regulation
Budapest, February 16-20, 2015
Economic, legal, technical and financial skills are central to the administrative and economic regulation of the public utilities. Professional development in water 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 features 5 days dedicated to the core responsibilities and activities of water utility regulatory authorities with regard to the oversight of the regulated utilities, principles and practices of tariff setting, performance benchmarking, and new developments in the regulation of the sector.
The level of the course is introductory: it aims to provide basic, but comprehensive training to the personnel of water regulatory authorities and water utilities. Participants will gain knowledge on key economic concepts guiding the operation of the sector, the challenges faced by sector participants including the wider problems of water management, and the role of the regulator and regulatory models including best practices. A core theme of the course is tariff setting and approval by the regulator: theoretical lessons will be supplemented by case study examples and a tariff setting exercise. Sufficient time will also be dedicated to the role of performance benchmarking in regulation.
Instructors of the course are a mix of utility regulators and researchers. The course is designed to assure the utmost transfer of practices and information from experienced regulators to course participants. This characteristic allows ERRA to design training courses that focus equally on practical application and theoretical methodology and include the transfer of relevant direct experience. In addition to the formal classes presented by the instructors, the course will feature preparatory homeworks, practical exercises, simulations, participant case studies and a final test.
The course is available to practising water utility regulators and to non-regulators such as ministry and local government representatives, banking institutions, law and investment firms, consulting companies and regulated utility companies.
The number of participants is limited so we suggest early registration!
The Course is facilitated by the Regional Center for Energy Policy Research (REKK). Prof. Peter Kaderjak, Director of REKK was a Chairman of ERRA and a President of the Hungarian Energy Office. In addition to research associates of REKK, classes and group exercises are taught by former and practising utility regulators, most of them representing the ERRA region and the European Union.