Course agenda
Week 1: NOVEMBER 2-6, 2020
Role and Functions of the Regulator:
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.
Regulatory challenges:
In the second day 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.
Week 2: NOVEMBER 9-13, 2020
Price and Tariff Regulation I.:
The first day of the Price and Tariff regulation module will focus on the fundamentals of the electricity tariff regulation, covering the asset base determination as well as the cost-plus tariff setting methodology.
Price and Tariff Regulation II.:
The second day of the Price and Tariff module will cover the various forms of incentive regulation and will also give a hands-on exercise on the price regulation, where participants learn how it works in a practical exercise.
Week 3: NOVEMBER 16-20, 2020
Competition and Regulation in Electricity Markets:
With the help of the Latvian PUC chairman, we will assess how can competition be ensured in various segments of the electricity markets and will learn what is the role of regulation in this process. Also, the main issues of cross-border trade and market integration will be covered.
Competition and Regulation in Gas Markets:
The sixth day of the course will be fully dedicated to the natural gas markets giving the examples of the European gas market regulation and challenges and also covering the global and LNG markets.
Week 4: NOVEMBER 23-27, 2020
Energy Transition: Drivers and Solutions:
Both developed and emerging markets face shared energy transition challenges driven by the decarbonisation and climate related objectives. The main drivers of this process and also solutions from both the supply and demand side will be introduced in this day.
Integrating Renewable Energy -Regulatory Challenges:
Renewable technologies transform the power market operations and present new challenges for the sector: integration of these technologies, as well as ensuring efficiency in support schemes. These are challenges, where regulators have their own specific tasks. A useful calculation tool (LCOE) will also be introduced, which helps to compare the competitiveness of the RES based electricity generation. The participants can try their own LCOE calculation skills in the weekly exercise.
Week 5: NOVEMBER 30-December 4, 2020
The future of Power Networks:
This day is dedicated to the future trends in the electricity network developments and to its regulation. We will learn how system flexibility in the DSO network can be maintained with increased use of weather dependent renewables.
Case Studies from Emerging Markets:
The last day will be dedicated to specific country case studies from energy markets. Renewable tendering in Oman and the wholesale market reform in Georgia will be introduced by national experts/regulators.
Course Faculty Team |
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Mr. László Szabó
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Mr. Rolands Irklis |
Mr. Abdulwahhab |
Mr. Harald Proidl |
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Mr. Nicholas Okreshidze, Project Management Specialist, USAID, Georgia |
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