Course Outline


The course will provide participants with an overview of the fundamental policy objectives through price intervention and the policy measures available to achieve these objectives.  It does so through an instructor-led collaborative e-learning platform that features a combination of real-time interactive presentations, Excel modelling exercises, online tutoring at pre-announced times, reading material related to the course modules and weekly exercises coupled with homework assignments. The course will last a total of 4 weeks.


As a result of your participation you will be able to:

  • Calculate utility revenue requirement through the building-block approach and obtain an enhanced undersanding of the underlying cost drivers, the impact of capital expenditure, WACC and efficiency factors;
  • Understand tariff structure design principles and be able to convert revenues into regulated end-user tariffs and network charges;
  • Enhance modelling skills as the emphasis of the course will be on modelling exercises which will be tutored and reviewed by the course instructors.

Course Programme

WEEK 1
June 22 - 26
WEEK 2
June 29 - July 3
WEEK 3
July 6 - 10
WEEK 4
July 13 - 17
Economics of Price Regulation and Wholesale Markets Building up
the Revenue Requirement
WACC and
Efficiency Analysis
Tariff Structure
and Design

  

Course Faculty Team

     
Ardian Berisha
Course Director; Regulatory Specialist
Energy Regulators Regional
Association (ERRA)
Andrijana Nelkova-Chuchuk
Commissioner
Energy and Water Services
Regulatory Commission (ERC)
North Macedonia
László Szabó
Director
Regional Centre for Energy Policy Research (REKK)
     
Daniel Anton
Consultant
DNV GL - Energy
Germany
Konstantin Petrov
Managing Consultant
DNV GL - Energy
Germany

Waisum Steinborn-Cheng
Senior Consultant
DNV GL - Energy
Germany

Methodology

Proposed weekly engagement: 4-6 hours
Instructor-led real-time recorded presentations Online Tutoring Weekly Assignments Final Test

 

The training is based on a self-paced collaborative e-learning platform that features a combination of real-time interactive presentations by the instructors, Excel modeling exercises, online tutoring at pre-announced times, reading material related to the course modules and weekly exercises coupled with homework assignments.

The course will run for 4 weeks with the following weekly sequence:

Day 1:
Real-time presentations on the presented materials. Presentations will be followed by Q&A sessions. Presentations will be recorded and made available to those who could not join the real-time presentations.

Day 2:
Real-time presentations on the presented materials. Presentations will be followed by Q&A sessions. Presentations will be recorded and made available to those who could not join the real-time presentations. Distribution of weekly assignments.

Day 3:
Self-paced work.

Day 4:
Online tutoring for the duration of 2 hours.

Day 5:
Submission of weekly assignment.

The course will conclude with a final multiple choice test at the end of Week 4.


10 CER credits will be awarded to those participants who have submitted all 4 weekly assignments and have successfully passed the final test. For more information on the ERRA Certified Energy Regulator Programme please refer to: https://erranet.org/trainings/cer/