Course description

Student testimonial:

Yossi Sokoler, Regulation Supervisor, Electricity Authority of Israel (PUA)

 

Course OUTLINE

Liberalisation of the electricity sector has been a very important development worldwide in the past two decades, and is still an ongoing process in many transition countries. Efforts aimed at building competitive electricity markets became increasingly interrelated to the growing influence of policies aiming at ensuring sustainable development and security of supply.

This course aims to provide a thorough introduction to the most important economic issues surrounding the creation and successful operation of electricity markets, and the challages raised by the decarbonization of the energy sector and recent innovations.

Topics discussed include an explanation of relevant economic concepts, the characterisation of competitive and oligopolistic markets, the design of wholesale and retail markets, investment and security of supply, the role of the electricity network in a competitive environment, and integration of renewable energy resources and new technologies.

Teaching method

Participants receive a vast array of documentation to support the different themes and modules. These materials include power point presentations of all course instructors, list of suggested readings and reference materials. Personalized certificates are awarded to participants who successfully complete the programs.

A team assignment will be distributed at the beginning of the course and participants will have to present their solutions on the last day. The distribution of time between lectures and exercises will be 70-30%.

Course registration

ERRA Full Members EUR 1 130 + 27% VAT

 

ERRA Associate Members EUR 1 340 + 27% VAT
Non-Member Regulators EUR 1 550 + 27% VAT
Non-regulators EUR 2 075 + 27% VAT

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

Accommodation cost for 5 nights will be automatically added to the tuition fee in the amount of 330 EUR if you chose to stay at the training venue (European Youth Centre Budapest (EYCB); http://www.eycb.coe.int). (In case participants wish to stay at a different location, please note that they will need to do their own hotel arrangements.)

Course location

Budapest

Hungary

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.e1537947025oc@ta1537947025irate1537947025rcesb1537947025cye1537947025
Web: www.eycb.coe.int

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COMPETITIVE ELECTRICITY MARKET DESIGNS

8:30

Opening Address and Introduction of Participants

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

09:00

Introduction: From regulated to liberalized markets in electricity; Course outline and main messages

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

10:30

Group photo
Coffee break

11:00

Case study: Mexico’s power market reform

Dr. Serrano, Jesus

Commissioner, Energy Regulatory Commission (CRE), Mexico

12:30

Lunch break

13:30

Market design for decarbonized electricity markets

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

15:00

Coffee break

15:30

Group Work: Introducing the off-class teamwork assignment for the week*

The Group Assignment: Participants will be grouped and requested to work on the exercise after the classes. Moderator:

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

19:00

Social Program

Group Dinner
Please be at 18:40 at the entrance of EYCB. Venue: Restaurant “Trófea Grill” (Address: Margit körút 2.)

REGULATION OF ELECTRICITY NETWORKS

09:00

Regulation of electricity networks: access rules and pricing

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

10:30

Coffee break

11:00

Tariff Regulation + Excercise

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

12:30

Lunch break

13:30

Case study: Smart Grid Deployment in Italy

Lo Schiavo, Luca

Deputy Director, Italian Regulatory Authority for Energy, Networks and Environment, Italy

15:00

Visit to MAVIR; Functions, tasks and practical operation of the system operator in a liberalized market

17:30

TBD

DEMAND AND SUPPLY OF ELECTRICITY

09:00

Electricity supply: Cost structure and decision making in plant operation and investment

Horváth, Péter

Deputy General Director, Dunamenti Erőmű Zrt. (Member of MET Group), Hungary

10:30

Coffee break

11:00

Electricity demand: Usage, profiling and demand response

Szabó, László

Senior Research Associate, Regional Center for Energy Policy Research (REKK), Hungary

12:30

Lunch break

13:30

Exercise II: Investment Game

Kotek, Péter

Senior Research Associate, Regional Center for Energy Policy Research (REKK), Hungary

15:00

Coffee break

15:30

Case Study: Renewable energy: regulatory and market issues

Szabó, László

Senior Research Associate, Regional Center for Energy Policy Research (REKK), Hungary

WHOLESALE AND RETAIL MARKETS

09:00

Wholesale market models: Integrated vs. decentralized markets

Houmoller, Anders Plejdrup

CEO, Houmoller Consulting Aps, Denmark

10:45

Coffee break

11:15

The role of traders and exchanges; Price evolution and price spikes; Risk management; Spot (day-ahead, real time) and forward markets

Houmoller, Anders Plejdrup

CEO, Houmoller Consulting Aps, Denmark

12:30

Lunch break

13:30

Capacity mechanism and resource adequacy

Csermely, Ágnes

Head of Department. Market Monitoring and Surveillance, Hungarian Energy and Public Utility Regulatory Authority, Hungary

15:00

Coffee break

15:30

Hot topics in electricity markets regulation “Round table discussion based on case studies by participants”

Selected participants

Kerekes, Lajos

Senior Research Associate, Regional Centre for Energy Policy Research (REKK), Hungary

MARKET POWER

08:30

Market Power in electricity generation and transmission

Csermely, Ágnes

Head of Department. Market Monitoring and Surveillance, Hungarian Energy and Public Utility Regulatory Authority, Hungary

10:00

Coffee break

10:30

Cross border arrangements and Market Integration

Houmoller, Anders Plejdrup

CEO, Houmoller Consulting Aps, Denmark

11:45

Final Test

Participants
12:30

Lunch break

13:30

Group Work: Presentations of teamwork assignments

Participants

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

Course Evaluation
Group photo
Final Comments and Farewell

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary

Course Director

Kaderják, Péter

Director, Regional Centre for Energy Policy Research (REKK), Hungary


Instructors

Csermely, Ágnes

Head of Department. Market Monitoring and Surveillance, Hungarian Energy and Public Utility Regulatory Authority, Hungary

Dr. Serrano, Jesus

Commissioner, Energy Regulatory Commission (CRE), Mexico

Horváth, Péter

Deputy General Director, Dunamenti Erőmű Zrt. (Member of MET Group), Hungary

Houmoller, Anders Plejdrup

CEO, Houmoller Consulting Aps, Denmark

Kerekes, Lajos

Senior Research Associate, Regional Centre for Energy Policy Research (REKK), Hungary

Kotek, Péter

Senior Research Associate, Regional Center for Energy Policy Research (REKK), Hungary

Lo Schiavo, Luca

Deputy Director, Italian Regulatory Authority for Energy, Networks and Environment, Italy

Szabó, László

Senior Research Associate, Regional Center for Energy Policy Research (REKK), Hungary

Nr. Country First Name Last Name Organization Job Title
1HungaryMohamedALHamadGCC Interconnection AuthorityPower Trade Senior Executive
2TurkeySerkanAktaşEnergy Market Regulatory Authority (EMRA)Energy Expert
3OmanGhadaAl GhazaliAuthority for Electricity Regulation (AER)Economic Analyst
4Saudi ArabiaNaifAlOtaibiSaudi Electricity Company (SEC)Economic & Energy Pricing Specialist
5GeorgiaLevanAsanidzeRMG GroupChief Power Engineer
6TurkeyAfşın BurakBostanciEnergy Market Regulatory Authority (EMRA)Energy Expert
7TurkeyMustafaCelebiEnergy Market Regulatory Authority (EMRA)Energy Specialist
8IsraelHerutChasidThe Israeli Electricity Authority (PUA)Legal Adviser
9LatviaGuntaFrezePublic Utilities Commission (PUC)Senior Expert
10SwazilandMzwandileMsibiSwaziland Energy Regulatory Authority (SERA)Compliance Monitoring Officer
11United Kingdom (UK)PatrickO'NeillEBRDSenior Risk Officer
12United Kingdom (UK)PatrickO'NeillEuropean Bank for Reconstruction and Development (EBRD)Associate Director, Senior Risk Officer
13Turkeyİbrahim OğuzOdabaşEnergy Market Regulatory Authority (EMRA)Energy Specialist
14IsraelYossiSokolerThe Israeli Electricity Authority (PUA)Regulation Supervisor
15TurkeyOsmanUzanEnergy Market Regulatory Authority (EMRA)Energy Expert Asistant
16LatviaElenaVilsone-BerzinaAS "Latvenergo"Project Manager
17TurkeySADIKÇAKIEMRASPECIALIST

 

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.e1537947025oc@ta1537947025irate1537947025rcesb1537947025cye1537947025
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 5 nights of accommodation at the course venue – European Youth Center (EYCB) can be added (May 6-11).

For more information please visit: http://www.coe.int/t/dg4/eycb/Conf_facil/photos_en.asp. 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 € 66/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. 16 EUR)
  • round trip: HUF 7900 (approx. 28 EUR)

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.

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: Zivatar u. 1-3., H-1024 Budapest
Tel.: +36 1 438 1030 ǀ Fax +36 1 212 4076
E-mail: tni.e1537947025oc@ta1537947025irate1537947025rcesb1537947025cye1537947025
Web: www.eycb.coe.int

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