20th ERRA Summer School: Introduction to Energy Regulation

Summer School: Introduction to Energy Regulation banner

Course Outline
Agenda
Instructors
Registration
Testimonials
Travel/ Venue

ERRA’s flagship event is a „must” for junior regulatory staff as it lays the foundations on the basic principles of regulation including different regulatory models, market structures, price and tariff regulation and recent technology drivers transforming our sectors.

Apart from covering regulatory models and the evolving role of regulators in a transforming energy landscape, the course will also focus on the issue of integration of renewables in the mix and technology drivers of this transformation. Latest gas market developments will also be looked at, covering gas infrastructure regulation and the value chain of international gas markets.

After attending the ERRA Summer School you will return back to work with:

familiarity with the advantages and disadvantages of the various wholesale market design and the role of regulation (and regulators) under various models
understanding the principles of calculating prices and tariffs in the energy sector
awareness of regulatory roles in increasing competition levels in wholesale energy markets
information on the global trends in natural gas markets – including LNG markets
familiarity with gas infrastructure access rule and transmission tariff setting
knowledge about the main types of support schemes applied globally for promoting renewable energy, including auction designs
understanding impacts of the energy transition in the energy sector
information on the drivers in providing flexibility in the DSO networks

Course Agenda

1Day 1: ROLE AND FUNCTIONS OF THE REGULATOR & REGULATORY CHALLENGES

The first day of the course will set the scene of regulation in the energy sector. We will focus on the fundamental principles and institutions of regulation and introduce the various roles the regulator assumes in the process. Then we zoom into the various regulatory challenges the emerging economies face in the energy transition process and take an overview of the terminology and national energy accounts used in the sector, as well as the economic fundamentals of price regulation.

2Day 2: PRICE AND TARIFF REGULATION IN THE ELECTRICITY MARKETS

The second day will focus on Price and Tariff regulation; on the fundamentals of the electricity tariff regulation, covering the asset base determination as well as the cost-plus tariff setting methodology. Some time will be dedicated to the Incentive price regulation and Retail Price Regulation. With a price regulation exercise, participants will make their own calculation on tariff setting.

3Day 3: COMPETITION AND REGULATION IN ELECTRICITY MARKETS

The third day will be dedicated to the regulation of wholesale electricity markets, focusing on the regulatory practices ensuring competitive price setting in these markets. Electricity market integration is an important tool in safeguarding the competition in these markets and allow for price equalisation in the markets. This integration process will be closely looked at in the second presentation. During the Hot Topic presentation we will look at the problems brought by the participants from their countries in an interactive manner.

4Day 4: COMPETITION AND REGULATION IN THE GAS MARKETS

The fourth day is devoted to the operation and regulation of natural gas markets, focusing on the pricing mechanisms in the international markets, being pipline transited or LNG based sources. We also look at tariff setting on gas transmission and how the transmission capacities are allocated between the countries. We will decicate time to gas market related Hot topics on high gas price enviromnent in Europe and look into the value chain of the emerging hydrogen production and supply and its impact on the gas markets.

5Day 5: REGULATION IN ENERGY TRANSITION

On the last day of the ERRA Summer School will learn what are the main drivers of the energy transition, how Renewable based power generation can help us to achieve the decarbonization goals and what type of challenges we face to integrate photovoltaic and wind based renewable generation to the power system.

6COMPLETION

10 CER credits will be awarded to those participants who successfully completed the course. Learn more about the ERRA Certified Energy Regulator Programme.

For detailed agenda please contact the ERRA Secretariat.

Course Faculty Team

László Szabó

Course Director

Director
Regional Centre for Energy Policy Research (REKK)

Dr. Alparslan Bayraktar

Keynote Speaker

Deputy Minister
Ministry of Energy and Natural Resources of Turkey

Ardian Berisha

Course Instructor

Regulatory Specialist
ERRA

Robert Gehrcke

Course Instructor

Senior Consultant
Nord Pool Consulting AS, Norway

Cristiano Francese

Course Instructor

Independent Expert,
Instructor and Manager

Enikő Kácsor

Course Instructor

Senior Research Associate
Regional Centre for Energy Policy Research (REKK)

Arben Kllokoqi

Course Instructor

Electricity Expert
Energy Community Secretariat

Péter Kotek

Course Instructor

Senior Research Associate
Regional Centre for Energy Policy Research (REKK)

Borbála Takácsné Tóth

Course Instructor

Senior Research Associate
Regional Centre for Energy Policy Research (REKK)

Registration

^EUR1000^{+ 27% VAT}

ERRA Full Members

^EUR1200^{+ 27% VAT}

ERRA Associate Members

^EUR1600^{+ 27% VAT}

Non-ERRA Members

Student Testimonials

Mr. Márton Sipos, KPMG, Hungary

84%

overall rating of the course

Travelling to Hungary

The rules of entry to Hungary change in line with the prevailing epidemiological situation. For current rules, please visit https://www.police.hu/en/content/for-the-attention-of-travelers.

Visa

Please verify the visa requirements of Hungary by contacting the Hungarian Embassy in your country. The list of diplomatic missions is available here: https://konzuliszolgalat.kormany.hu/hu-missions-abroad. The list of countries whose citizens do not require visas to enter Hungary can be found at https://konzuliszolgalat.kormany.hu/visa-waiver-agreements.

List of third countries, where a Schengen state issues visas on behalf of Hungary is available on this page: https://konzuliszolgalat.kormany.hu/visa-issuance-on-behalf-of-hungary.

In case you need an entry visa, please immediately contact the ERRA Secretariat! To prepare a visa invitation letter for you, please send us your passport copy and indicate the Embassy where you are applying for the visa.

ERRA Covid-19 Vaccination Event Policy

ERRA meeting and training participants shall meet one of the below conditions in order to be able to join physical events:

Be fully vaccinated and provide proof of COVID-19 vaccination in English language.

Provide a maximum 48-hour negative PCR test result in English language.

Venue

European Youth Centre Budapest (EYCB)

Zivatar u. 1-3., 1024 Budapest, Hungary

The EYCB/ the venue has available sleeping rooms, however we would like to draw your attention to the fact that the level of service is on 3star level, e.g. there is no television or air conditioner in the rooms. Participants are accommodated in private rooms with private bathroom included, please check the photo gallery here.

Single room rate is approx. € 80/night (including breakfast and VAT). The ERRA Secretariat can arrange your room reservation based on submitted Room reservation form (will be shared with confirmation letter), however all payment issues must be settled directly to the EYCB. Please feel free to arrange for any other location in Budapest!

The program is available to classroom and remote participants parallel. Thus, if you cannot travel to Budapest for any reason, you do not need to miss this unique technical learning opportunity, you can sign up for remote participation and enjoy having access to the learning materials and the world-renowned speakers.

Interested in other topics?

Check our upcoming training courses and webinars in energy regulation.