Summer School: Introduction to Energy Regulation // Hybrid Training
- Key Take-Aways | Meet the Course Faculty Team | Student Testimonial
- Travelling to Hungary | ERRA Covid Event Policy | Course Location
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.
The course achieves this through a hybrid training course: with possible physical attendance in Budapest or with online presence via Zoom. The course will last 5 days.
10 CER credits will be awarded to those participants who successfully completed the course. Learn more about ERRA Certified Energy Regulator Programme.
What you will learn during the ERRA Summer School: Introduction to Energy Regulation:
- the main principles and institutions of regulation applied in power and gas markets
- the terminology used in national energy accounts
- the fundamentals of price and tariff regulations
- the functioning of wholesale electricity markets ensuring competition in restructured electricity markets
- global gas market trends and its main drivers
- access rules and transmission tariff setting in gas markets
- best practices of renewable energy integration to energy markets
- Decentraliztaion, Electrification and the Energy Transition impacts on the energy sector
- the future trends and drivers of electricity grid development
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
Video testimonial by
Mr. Márton Sipos, KPMG, 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://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.
Participants shall meet one of the below conditions in order to be able to join physical ERRA 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.
European Youth Centre Budapest (EYCB)
Address: 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: https://www.coe.int/en/web/youth/eycb-guestrooms
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!