Course Outline


Natural gas markets face a turmoil, due to short term shocks like the COVID pandemic, but more importantly to long term changes of the energy policy agenda, that is shifting towards decarbonization. How to set infrastructure tariffs and redistribute social benefits and costs in a national system and in a cross-border setting?

The course will provide participants with an overview of the fundamental policy objectives and the policy measures available to achieve these objectives. The course will guide you through the steps of natural gas infrastructure tariff and end user price setting in theory and in practice. 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.


Invitation by the Course Directors


What you will learn in 4 weeks:

      • best of classical network industry regulation applied for the gas markets
      • the main components of the allowed revenues under the building block approach
      • different capacity allocation mechanisms, capacity products and their pricing
      • the principles and practical use of tariff setting methodologies for gas transmission infrastructure
      • a bucket of lessons learnt by others on various regulatory tools, so you do not have to learn by your own mistakes

You will return back to work with:

    • ability to calculate gas network tariffs and end user price if applicable in your country
    • knowlegde about the capacity allocation methods, principles and how to choose between them
    • ability to allocate cost to the network points
    • ability to and calculate the reserve price and do the adjustments
    • the ability to design regulatory monitoring and benchmarking of the regulated utilities 

Course Programme

WEEK 1
September 01
WEEK 2
September 07
WEEK 3
September 14
WEEK 4
September 21
Economics of Price
and Tariff Regulation
Building Up the Revenue Requirement Tariff Structure
and Design
End-User Price Regulation & Monitoring

  

Course Faculty Team

     
 
Borbála Takácsné Tóth
Course Director
;
Senior Researcher
Regional Centre for Energy Policy Research (REKK)

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

Nick Haralambopoulos
 Director
Economic Consulting Associates (ECA) Ltd.
Enikő Kácsor
Research Associate
Regional Centre for Energy Policy Research (REKK)
Giorgi Kelbakiani
Head of Capital Expenditures Audit Unit, Department of Tariffs and Economic Analysis
Georgian National Energy and Water Supply Regulatory Commission
Péter Kotek
Senior Researcher
Regional Centre for Energy Policy Research (REKK)
 

 

László Szabó
Director
Regional Centre for Energy Policy Research (REKK)

dr. Pálma Szolnoki
Head of Energy Market Surveillance Unit
Hungarian Energy and Public Utility Regulatory Authority (HEA)
 

Registration

ERRA Members

EUR 590

Non ERRA Members

EUR 890

 

Methodology

Proposed weekly engagement: 6-8 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/