The ERRA Summer School is a foundational training program that serves as an essential resource for understanding the complexities of energy markets, regulatory frameworks. classical and newly emerging roles of energy regulators.

A focused course on capital expenditure review and assessment tools covering regulatory measures to review and approve the reasonableness of capex plans submitted by licensees. Topics include Regulatory Asset Base (RAB) valuation methods, integration of RAB in the Allowed Revenues of licensees, financial and economic tests applied to capex plans and efficiency analysis used in economic regulation. Duration: 2 days

This course provides a comprehensive introduction to the technical foundations of power systems, the evolution of the generation mix from thermal to renewable sources, operational challenges, grid stability and frequency management, balancing mechanisms and flexibility requirements. The programme includes two dedicated modules one on power systems (duration: 2 days + site visit) and one on gas systems (duration: 1 day + site visit) – which may be attended together (total: 4 days including site visit) or separately.

The course will focus on technical, physical and engineering aspects of the natural gas system from production to distribution presenting the 3 main segments (upstream, midstream and downstream).

In this one-day intensive webinar, participants will explore medium and low-pressure gas networks, the role of gas storage in both gas trading markets and the security of supply, different gas transportation infrastructure, tariff methodologies and gas network code. It will also delve into the growing role of biogas and hydrogen across the world in terms of developing alternatives to natural gas.

This focused course provides an in-depth overview of renewable energy technologies, cost structures, and support mechanisms. It explores feed in tariffs, auctions, and contracts for difference, as well as capacity remuneration mechanisms and grid connection frameworks. Participants also examine regulatory approaches to curtailment, negative pricing, and the structure of renewable PPAs between RES producers and corporate off takers. Duration: 3 days

This focused course examines regulatory considerations in assessing the weighted average cost of capital for regulated infrastructure. It covers methodologies for assessing the cost of debt, appropriate gearing levels, and regulatory approaches to estimating the cost of equity, with particular emphasis on CAPM. Duration: 2 days

Introduction to Energy Regulation — comprehensive foundational programme designed for professionals at the early stages of their careers or those transitioning into the energy field, seeking a structured overview.