ERRA’s Training Series on the Economic Regulation of the Energy Sector is a unique opportunity for regulators and utility professionals to obtain a sound understanding of the fundamental objectives of price regulation and the techniques regulators employ to achieve them.

It is the first part of a series of 4 individual training modules designed specifically for professionals who seek to become proficient in the regulatory economics of the energy industry.

The 1st module on Economic Regulation is the central anchor of the package covering all of the topics in the training programme on a higher level, while focusing on the principles of economic regulation, applied regulatory models, the building-block approach to revenue-setting and revenue determinants. It also provides introductory principles of cost-allocation, tariff structure and tariff design.

The remaining modules will cover (1) Capital Expenditure Review and Assessment Tools (2) Setting the Weighted Average Cost of Capital (WACC) and (3) Network & End-user Tariff Design completed over a 15-month cycle. Each module is a stand-alone training that can be attended separately.

For more information and to express your interest in the courses, please contact the ERRA Secretariat.