ERRA’s flagship training – Introduction to Energy Regulation – is a „must” for junior energy regulatory staff as it presents and discusses the basic principles of regulation, including various regulatory models, market structures, price and tariff regulation and recent technology drivers transforming our sectors. The course, also known as the ERRA Summer School, is also practical for more senior, specialised experts as it allows them to take a step back and see a wider regulatory perspective, particularly when it comes to the 2024 trends in the sector.
The course not only elaborates regulatory models and the evolving role of regulators in a transforming energy landscape, but will also focus on the legal aspects of long-term contracting in both natural gas and power sectors:
- 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 2024 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.
Student Testimonials - on the occassion of the Anniversary 20th Summer School
Interview with Rolands Irklis, Latvia
Interview with Imamuddeen Talba, Nigeria
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.
Please verify the visa requirements of Hungary by contacting the Hungarian Embassy in your country. The list of diplomatic missions is available here: https://konzinfo.mfa.gov.hu/en/embassies#hungarian-embassies-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://konzinfo.mfa.gov.hu/en/list-third-countries-where-schengen-state-issues-visas-behalf-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.
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 106,5 EUR/ night (incl. breakfast and VAT). In case you would stay at the course venue, please let the ERRA Secretariat know and a special room reservation form will be provided. Kindly note that all payment issues must be settled directly to the EYCB. Please feel free to arrange for any other location in Budapest!