Course description

Participant testimonial:

Ms. Upulka Weeraratne, Deputy General Manager (Energy Marketing), Ceylon Electricity Board (CEB)


Economic, legal, technical and financial skills are central to the administrative and economic regulation of the public utilities. The constantly changing environment not only requires proper response from the regulatory side, it is also essential to be aware of the global trends in the energy sector. The current economic climate across the world and the emergence of renewable energy sources have pointed to the need of addressing recent technological innovations that demand a different approach to regulatory practice. Corresponding to these new challenges the training course aims to focus on some of the discussed topics from a “smart perspective”.

 

Course Objectives:

This 6-day training course will be organised into thematic modules focusing on the hottest issues and global trends of energy sector regulation. The training program combines “classic” regulation under the traditional vertically integrated industry structure with up-to-date issues of regulation by discussing the topics from a “smart” point of view. The prime objective of the course is to provide basic technical, economic and legal regulatory skills that are needed to design and manage successful regulatory systems for the energy industry.

 

During the Course the following broad themes are addressed:

  • Role and functions of the regulator
  • Price and tariff regulation
  • Competition and regulation in electricity and gas
  • The interlinks between energy policy and regulation
  • Investment, innovation incentives and conclusion
  • + A full day site visit to Paks Nuclear Power Plant

 

Visit to Paks Nuclear Power Plant

The program will feature a day-long visit of the Paks Nuclear Power Plant which has been generating electricity for more than 30 years. The plant will be extended with two new power units (each with the capacity of 1200MW by the late 2020s). The program will include presentation of the Visitors’ Centre followed by a guided tour of the Secondary System.

Target Audience:

The course is available to practising energy regulators and to non-regulators such as ministry and local government representatives, banking institutions, law and investment firms, consulting companies and regulated utility companies.

 

Course Syllabus:

MODULE 1 – ROLE AND FUNCTIONS OF THE REGULATOR (Day 1 – Monday)

The principal objectives of the regulatory institutions are a) to protect energy consumers from monopoly pricing and behaviour; b) to protect private investment from politically dictated prices and from regulatory uncertainty and c) to monitor and foster energy market competition. In order to meet the above objectives under a private and increasingly competitive industry setting, the regulator should be a decision making body highly independent from short-term political influences and direct industry interests. This module provides participants with an overview on the objectives as well as on the institutional setting and decision making processes of energy regulatory institutions. Common tasks for energy regulators (stemming from the need for economic regulation) are discussed. Ownership structure in the regulated sector has strong impact on the regulation. Publicly owned utilities are still dominant form in many economies (both in emerging and developed markets), so the challenges regulators face in this situation will be looked at in a dedicated lecture. Also, a dedicated case study on Oman will be introduced in this first module.

Day 2– Tuesday: will be dedicated to a site visit to the PAKS nuclear power plant, with presentation on the plant operations

MODULE 2 – PRICE AND TARIFF REGULATION (Day 3 –Wednesday)

One of the principal tasks of energy regulators is to set or authorise regulated prices for the companies under regulation. Participants will be provided with the theoretical basics and also an overview of the price regulatory process, including the setting of the revenue requirement, tariff design alternatives and questions in the choice of a price regulatory regime. Participants will be involved in a hands-on exercise to determine a tariff based on their new skills. A dedicated presentation will cover retail price regulation and social issues in emerging economies. The available models of retail price regulation, pro and contras of the various price setting mechanism will be look at in details. Emerging social issues of market reforms, possible instruments to handle social issues (energy poverty, coverage issues), and their advantages – disadvantages will be introduced.

MODULE 3 – COMPETITION AND REGULATION IN ELECTRICITY AND GAS; IMPACT OF REENEWABLE POLICY GOALS (Day 4 –Thursday)

A major change in electricity industry structure which also transforms the regulator’s entire job is when competition is introduced into the operations of the traditionally vertically integrated sector. This part of the course will introduce the basic ideas and principles behind the restructuring and liberalisation process in the electricity sector, with a special emphasis on the competitiveness issue. The practice of unbundling and providing regulated access to essential facilities is discussed. Different models of wholesale and retail competition are introduced.. Issues with network access and long term contract on competition will be addressed in details. Climate change concerns coupled with high oil prices and increasing government support are driving renewable energy legislation and incentives all around the world. The role of energy regulators in recognizing the advantages of renewables is very complex. Regulators are to provide necessary supports to develop new project while these incentives must be consistent with basic regulatory policies. RES tenders are utilised more frequently worldwide to improve support efficency, and it will be scrutinized based on examples of best practices of EU member states as well as in non-EU countries.

 

MODULE 4– THE INTERLINKS IN ENERGY POLICY AND REGULATION (Day 5- Friday)

This special day is dedicated to the introduction ion of the EU energy policy fundamentals, where the main drivers and targets of the present EU policy will be discussed, including security of supply considerations, climate commitments, renewable policies, technology dynamics and digitalization presently driving the European policy agenda. The impact of these policies on the sector regulation will be introduced. Although based on European examples, the lessons learnt from the lecture cover global trends in energy market developments and its regulation. A dedicated presentation will cover the global gas market trends and competition policy related issues in the sector. The value chain in natural gas markets, operations of LNG markets, the present trends in the EU gas market regulation (source diversification and liberalization) and the infrastructure regulation will be introduced with illustrative cases. Special focus on security of supply issues in gas markets will be introduced and highlighted with recent examples. The various type of price formation in natural gas markets will be introduced and market transparency and monitoring issues will also be covered in the presentation.

 

MODULE 5 – INVESTMENT AND INNOVATION INCENTIVES (Day 6 – Saturday)

The ‘missing money’ problem in the energy sector is a phenomenon that affects not only the developing countries, but recently also frequently appear in developed countries as well. If the required investment levels are not achieved in a longer time horizon, it could seriously affect the service quality within the electricity sector. The details of incentive regulations, to overcome some of the problems in electricity network will be looked at, and the interaction of regulation and service quality will be assessed. A case study on Italy will serve as basis for examining the emerging issues in a real country example. The country serves as a good illustration, how innovative solutions in the sector could be incentivized, helping to solve some critical issues in electricity network regulation. Italy can also serve as a good illustration, how innovative solutions in grid developments (e.g. smart grid, storage) can be incentivised.

Course registration

 

ERRA Full Members EUR 1 230 + 27% VAT
ERRA Associate Members EUR 1 440 + 27% VAT
Non-Member Regulators EUR 1 550 + 27% VAT
Non-regulators EUR 1990 + 27% VAT

Tuition fee includes: training materials, lunches, coffee breaks during the training course and a social programme.

Accommodation cost for 6 nights can be added to the tuition fee in the amount of 456 EUR if you chose to stay at the training venue (European Youth Centre Budapest (EYCB); http://www.eycb.coe.int).

Please be informed that 6 nights of accommodation at the course venue – European Youth Center (EYCB) can be added (June 30 – July 6). The venue provides a very convenient access to the classroom where the course is organised.

Participants are accommodated in private rooms with private bathroom included, but there are no television and air conditioner in the rooms. For photos please visit: https://www.coe.int/en/web/youth/eycb-guestroomsIn case you need extra nights for your stay, a separate form will be sent to you with the confirmation letter. Single room rate is € 76/night (including breakfast and VAT).

Course location

Budapest

Hungary

European Youth Centre Budapest (EYCB)
Address:
Tel.: +36 1 438 1030 ǀ Fax +36 1 212 4076
E-mail: tni.e1550562405oc@ta1550562405irate1550562405rcesb1550562405cye1550562405
Web: www.eycb.coe.int

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Summer School 2019

Please note that ERRA is not in the position to provide participants with funds or assistance in finding the necessary funds regarding their participation fees and does not have sponsored places for the training. Thus, we kindly ask you to submit your registration only in case the funds to cover your participation, including tuition fee, travel, etc. are available for you and your participation is already approved by your delegating company.

1230 2446  + VAT

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Please note that Training Materials are available only for registered participants (who fully paid the tuition fee) and ERRA Members. Please LOGIN with your username and password.

We will be posting all the training course materials on the ERRA website prior to the Course so that you can download these and bring them to Budapest. The training course materials and presentations will be available in the order of receipt, from June 25.

If you face any problems, please feel free to contact us!

 

Venue/ Accommodation

European Youth Centre Budapest (EYCB)
Address: Zivatar u. 1-3., H-1024 Budapest
Tel.: +36 1 438 1030 ǀ Fax: +36 1 212 4076
E-mail: tni.e1550562405oc@ta1550562405irate1550562405rcesb1550562405cye1550562405
Web: www.eycb.coe.int

Tuition fee includes: training materials, lunches, coffee breaks during the training course and a social programme.

Please be informed that 6 nights of accommodation at the course venue – European Youth Center (EYCB) can be added (June 30 – July 06). The venue provides a very convenient access to the classroom where the course is organised.

Participants are accommodated in private rooms with private bathroom included, but there are no television and air conditioner in the rooms. For photos please visit: https://www.coe.int/en/web/youth/eycb-guestrooms. In case you need extra nights for your stay, a separate form will be sent to you with the confirmation letter. Single room rate is € 76/night (including breakfast and VAT).

View map >> 


Visa

Please verify the visa requirements of Hungary by contacting the Hungarian Embassy in your country. The list of diplomatic missions is available here: http://www.kormany.hu/en/ministry-of-foreign-affairs-and-trade/missions. The list of countries whose citizens do not require visas to enter Hungary can be found at http://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: http://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. 


Airport Transfers/ Travel Information

Budapest Ferenc Liszt International Airport (formerly Ferihegy):

  • Located 16 kilometres (9,9 mi) east-southeast of the centre of Budapest
  • Central telephone number for information: +36 1 296 7000
  • http://www.bud.hu/english
  • The transfer time to/from the airport to the downtown is approximately 45-60 minutes (subject to traffic)

Shuttle bus

miniBUD (http://www.minibud.hu/) is the official airport shuttle service company providing fixed-priced transfer service between Budapest Airport – Budapest city center – Budapest Airport. The miniBUD airport shuttle service counters located on the arrivals level of Budapest Airport.

Rate to the EYCB:

  • one-way: HUF 4400 (approx. 15,71 EUR)
  • round trip: HUF 7900 (approx. 28,21EUR)

Taxi from the Airport

There is an official airport taxi company (Főtaxi) available at the Arrival Hall of the Terminals. All Főtaxi cars are equipped with POS terminal, therefore passengers can pay with credit card as well. Reservations can be made in person at Főtaxi booths located at the exit at Terminal 2A and 2B. At the taxi rank in front of the stands taxis are parking continuously waiting for passengers.

Rates (for reference purposes only): around HUF 8500 (27 EUR) for one way.

Please avoid using non-regulated providers offering taxi at the terminal buildings!

Public Transportation

A direct transfer bus ‘100E’ operates between the airport and Deák Ferenc tér in the city centre. A special fare applies: the “Airport shuttle bus single ticket” for the price of 900 HUF is required for each trip.


Calling a Taxi in Budapest

Please find below the list of larger taxi companies in Budapest:

  • Taxi 2000: +36 1 200 0000
  • Citytaxi: +36 1 211 1111
  • Főtaxi: +36 1 222 2222
  • 6×6 Taxi: +36 1 666 6666
Public Transport

Budapest’s network of public transport services (BKK) includes buses, trolleybuses, trams, subway (Metró) and over ground suburban trains (HÉV).

For ticket prices and more information please visit the official website of BKK: http://www.bkk.hu/en/tickets-and-passes/prices/ 

Booklet in PDF with useful information is available here >>

Railway Stations

International trains operate from the three largest stations:

  • Keleti pályaudvar: VIII., Baross tér. Tel: (+36-1) 413 – 4610.
  • Nyugati pályaudvar: VI., Nyugati tér Tel: (+36-1) 349-8503
  • Déli pályaudvar I. Krisztina krt. 37. Tel: (+36-1) 375-6593

All three international railway stations are part of the Budapest Underground system, the Metró. The Déli is on the Red (Number 2) line, Keleti is on the Red (Number 2) and Green (Number 4) lines and the Nyugati is on the Blue (Number 3) line.

Official website of the Hungarian State Railways: https://www.mavcsoport.hu/en


General Information

Currency:      HUF (Hungarian Forint)
Currency Exchange Rates: http://www.mnb.hu/en/arfolyamok

Time zone:   UTC/GMT +1 hours

Electricity:   230 V/50 Hz (Europlug)

Dial Codes:   +36 –

Emergency Calls:    112 (ambulance, police and fire)

Smoking:   Smoking is not permitted in public places, dining and meeting facilities.

Weather:   http://www.meteoprog.hu/en/weather/Budapest/
http://koponyeg.hu/t/Budapest

Information on
Budapest:
  http://bebudapest.hu/
http://www.budapest.com/
https://www.budapestinfo.hu/home.html
http://www.funzine.hu/

Course location

Budapest

Hungary

European Youth Centre Budapest (EYCB)
Address:
Tel.: +36 1 438 1030 ǀ Fax +36 1 212 4076
E-mail: tni.e1550562405oc@ta1550562405irate1550562405rcesb1550562405cye1550562405
Web: www.eycb.coe.int

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