The ERRA Summer School is a foundational training program that provides a thorough introduction to the principles and mechanisms of energy regulation. It serves as an essential resource for understanding the complexities of energy markets, regulatory frameworks. classical and newly emerging roles of energy regulators.

The program explores a range of topics, including the structure of energy markets, tariff methodologies, the regulatory processes that ensure transparency, efficiency, and fairness in the energy sector and tasks associated with the energy transition. Designed for professionals at the early stages of their careers or those transitioning into the energy field, it offers a clear and structured overview of key concepts in energy governance and policy.

By combining expert insights with practical knowledge, the ERRA Summer School equips participants with a solid understanding of the regulatory environment and its critical role in the development and operation of energy systems:

• From the power sector perspective, the emphasis will be put on the corporate Power Purchasing Agreements (PPAs), helping green contracting for the off-takers in their energy procurement. Technology drivers, such as storage, enabling Demand Side Flexibility and the role of new actors - aggregators and energy communities - will also be covered as a part on the energy transformation process.
• In terms of the natural gas sector, the course will analyse the latest gas market developments in details, covering gas infrastructure regulation and the value chain of international gas markets.

ERRA Summer School alumni return to work equipped with the following knowledge:

• the role of regulators and familiarity with the theory and institutions of regulation
• advantages and disadvantages of the various wholesale market designs
• principles of calculating prices and tariffs in the energy sector
• regulatory roles in increasing competition levels in wholesale energy markets
• the value chain, market structure and regulation of natural gas markets – including LNG markets
• economic and legal challenges of the new type of contracting in the natural gas and power markets
• understanding the impacts of the energy transition on energy regulators, with the latest trends
• introduction to grid development and grid management principles in the future power systems characterised by high share of generation from renewable energy sources

The course eligible for 10 CER credits. Please refer to the Certified Energy Regulator (CER) Programme for more details.