Course description

The event is hosted by:

Course Description

A robust and stable regulatory policy is a critical pre-requisite for increasing investor confidence and enhancing infrastructure development. In the case of network industries, or even in competitive segments of supply where competition is considered to be ineffective, regulators aim to safeguard customer interests by setting tariffs at levels which adequately compensate utilities for the risks they assume in mobilizing capital and operational resources to provide regulated services.


ERRA’s 9th Training Course on Principles of Economic Regulation and Electricity Tariffs scheduled to take place

in Muscat, Oman on February 3-7, 2019


Student Testimonial by Khaled Shehata, Egypt

What to Expect – Welcome from the Course Director

    

It is an opportunity to obtain a detailed insight into the allowed revenue calculation and electricity tariff-setting process. This important and technically complex role of regulators will be broken down in a step-by-step fashion, with a 5-day interactive training programme, to ensure trainees obtain a sound understanding of the fundamental objectives of price regulation, and the techniques regulators employ to achieve them.

The course will initially provide an overview of price regulation and examples of cases for regulatory intervention. This will be followed by discussions of wholesale market failures and international approaches towards wholesale price regulation and renewable energy pricing. Following a top-down approach, discussions will then focus on setting the revenue requirement, including detailed discussions on key regulatory input parameters such as WACC and methodologies for setting efficiency factors or loss targets. The course will then look into the process of allocating allowed revenues to cost and customer categories, and factors which regulators need to consider when designing network and retail tariffs. Finally, the course will be completed with an overview of targeted subsidy mechanisms which aim mitigate market distortions while protecting vulnerable customers.

The course is primarily designed for technical-level staff working in regulators or utilities but can also be suitable for policy-makers, commissioners and executives. As before, the roster of instructors will include world-renowned industry professionals and regulators, providing a diverse range of regulatory expertise and examples of international best practice.

We hope to see you in Muscat in February!

Daily Overview

February 3, 2019: Day 1: Overview of Regulatory Roles in Tariff Regulation                                                                                                                           

The first day of the tariff training will set the stage for the discussions to follow by providing a high-level overview of the regulatory roles in price regulation. It will look at the objectives regulators try to achieve in exercising tariff intervention and the way regulation evolved with the deregulation of wholesale and retail markets.                     

February 4, 2019: Day 2: Wholesale energy regulation and renewable energy                                                                            

The discussions of the tariff training will then look into the regulation of wholesale markets, tariff considerations, impacts on attracting investment and on security of supply. Renewable energy support schemes and the gradual evolvement towards more market-compatible schemes will also be at the focus of the discussions.      

February 5, 2019: Day 3: Setting the revenue requirement – incentive based regulation                                                                                                  

Following a top-down approach, the third day will look at regulatory instruments to apply price regulation, more specifically focusing on incentive-based regulation and important regulatory determinations such as expected operational efficiency improvements and Weighted Average Cost of Capital.                                                                                                                  

February 6, 2019: Day 4: From Revenues to Tariffs – tariff structures, design, billing                                       

After setting the allowed revenues, regulators are faced with the challenge of converting these revenues to regulated tariffs and charges. The fourth day will look at the principles and objectives of various systems of tariff design and review case studies of cost-allocation methodologies.

February 7, 2019: Day 5: Deregulation, subsidies and exercise presentation                                                                                                  

The final day will largely focus on the challenges of deregulating retail markets and mitigating impacts on customers, institutional roles in protecting vulnerable customers and examples of protection schemes to mitigate market distortion.         

 

Course registration

ERRA Full Members   
EUR 1 200

 

ERRA Associate Members EUR 1 400
Non-Member Regulators EUR 1 600
Non-regulators EUR 2 200

Tuition fee includes: training materials, lunches, coffee breaks during the training course.

Kindly note that accommodation is not included in the tuition fee. Negotiated rate for Training Participants at the course venue is OMR 88.050 net (approximately EUR 199,5/ person/ night including Single Standard City View Room, Breakfast Buffet and Wi-Fi Internet). Room reservations and payment should be settled directly with the hotel. Reservation form will be provided with confirmation letter. 

Alternate Hotel Option: Park Inn by Radisson Muscat
Website: https://www.parkinn.com/hotel-muscat, Email: reservations.muscat-at-parkinn.com

Course location

P.O. Box 1455, Ruwi 112, Muscat, Oman

Muscat

Oman

Crowne Plaza Muscat Hotel
Address: P.O. Box 1455, Ruwi 112, Muscat | 112 | Oman
Tel.: 968-24-660660
Web >>>

Read more

February 3, 2019: Overview of Regulatory Roles in Tariff Regulation

08:30

Opening remarks

Al Zakwani, Qais

Executive Director and Member of Authority, Authority for Electricity Regulation of Oman (AER), Oman

Berisha, Ardian

Regulatory Specialist, Energy Regulators Regional Association (ERRA)

08:45

ERRA Presidium panel discussion on tariff regulation

ERRA Presidium: Mr. Märt Ots, Estonia; Mr. Attila Nyikos, Hungary; H.E. Dr. Abdullah M. Al-Shehri, Saudi Arabia Mr. Rolands Irklis, Latvia; Ms. Maria Manicuta, Romania; Ms. Maia Melikidze, Georgia;
10:00

Coffee break

10:15

Introduction of training participants

10:30

Energy markets and regulation

Petrov, Konstantin

Managing Consultant, DNV GL - Energy, Germany

12:00

Lunch break

13:00

Economics of Price Regulation 1

Berisha, Ardian

Regulatory Specialist, Energy Regulators Regional Association (ERRA)

14:15

Coffee break

14:45

Economics of Price Regulation 2

Berisha, Ardian

Regulatory Specialist, Energy Regulators Regional Association (ERRA)

16:15

End of the session

February 4, 2019: Wholesale energy regulation and renewable energy

08:30

Wholesale price regulation

Petrov, Konstantin

Managing Consultant, DNV GL - Energy, Germany

10:00

Coffee break

10:30

Renewable energy prices and support schemes

Petrov, Konstantin

Managing Consultant, DNV GL - Energy, Germany

12:00

Lunch break

13:00

RES Support Schemes and price regulation in Estonia

Ots, Märt

Chairman, Energy Regulators Regional Association (ERRA);, Director General, Estonian Competition Authority, Estonia

14:30

Coffee break

15:00

Investment approval in distribution tariffs in Romania

Manicuta, Maria

Director General, Network Access and Authorisation Department /Electricity, Romanian Energy Regulatory Authority (ANRE), Romania; ERRA Presidium Member

16:30

End of the session

February 5, 2019: Setting the revenue requirement - incentive based regulation

08:30

Setting Allowed Revenues: the building block approach

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)

10:00

Coffee break

10:30

Investment risks and Weighted Average Cost of Capital

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)

12:00

Lunch break

13:00

Setting allowed revenues: Turkey case study

Kürkcü, Mehmet

Energy Expert, Energy Market Regulatory Authority, Turkey

14:30

Coffee break

15:00

Modeling Exercise - calculating the revenue requirement

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)

16:30

End of the session

February 6, 2019: From Revenues to Tariffs - tariff structures, design, billing

08:30

Distribution and end-user Tariff Design principles

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)

10:00

Coffee break

10:30

Distribution and end-user tariff design case study: Romania

Gugu, Florin

Head of Regulatory and Institutional Affairs, ENEL, Romania

12:00

Lunch break

13:00

Distribution and end-user tariff design case study: Turkey

Kürkcü, Mehmet

Energy Expert, Energy Market Regulatory Authority, Turkey

14:30

Coffee break

15:00

Modeling exercise - converting revenues to tariffs

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)

16:30

End of the session

February 7, 2019: Deregulation, subsidies and exercise presentation

08:30

Price deregulation and market liberalization in Europe

Gugu, Florin

Head of Regulatory and Institutional Affairs, ENEL, Romania

10:00

Coffee break

10:30

Regulatory roles on affordability and customer subsidies

Gugu, Florin

Head of Regulatory and Institutional Affairs, ENEL, Romania

12:00

Recap of the Training Course

Berisha, Ardian

Regulatory Specialist, Energy Regulators Regional Association (ERRA)

12:15

Final test covering discussed topics

12:45

Lunch break

13:45

Ceremony of Certificates; Final Comments and Farewell

14:15

End of the event

Instructors

Berisha, Ardian

Regulatory Specialist, Energy Regulators Regional Association (ERRA)

Gugu, Florin

Head of Regulatory and Institutional Affairs, ENEL, Romania

Kürkcü, Mehmet

Energy Expert, Energy Market Regulatory Authority, Turkey

Manicuta, Maria

Director General, Network Access and Authorisation Department /Electricity, Romanian Energy Regulatory Authority (ANRE), Romania; ERRA Presidium Member

Ots, Märt

Chairman, Energy Regulators Regional Association (ERRA);, Director General, Estonian Competition Authority, Estonia

Petrov, Konstantin

Managing Consultant, DNV GL - Energy, Germany

Varympopiotis, Grigorios

Managing Consultant, Economic Consulting Associates (ECA)


Al Zakwani, Qais

Executive Director and Member of Authority, Authority for Electricity Regulation of Oman (AER), Oman

Please note that Training Materials are available only for registered participants and ERRA Members. Please LOGIN with your username and password.

Nr. Country Name Organization Job Title
1OmanKhalfan AL AlawiMinistry Of FinanceHead of Electricity & Water Privatization Section
2MalaysiaFaizah Hanim Abd RahmanEnergy CommissionAssistant Director Gas Tariff Development
3MalaysiaHadziratul Qudsiah Abdul AzizEnergy CommissionAssistant Director Electricity Pricing
4OmanDawoud Al BalushiAuthority for Electricity RegulationJunior Regulatory Engineer
5OmanMaryam Al HashmiPublic Authority for Electricity and WaterEnergy Study Expert
6OmanLamya Al KindiAuthority for Electricity RegulationAnalyst
7Oman Iffa Nasser Al Harthy Muscat Electricity Distribution Company (MEDC) Economic Analyst
8 Oman Hanan Jamil Al Hassani Muscat Electricity Distribution Company (MEDC) Customer Service Manager
9OmanSalma Al-IsmailyAuthority for Electricity Regulation, OmanDeputy Director of Economic and Financial Affairs
10OmanFaisal Al-KharusiState AuditAuditor
11OmanZainab Al-MantheriMazoon Electricity CompanyHead of Regulatory Affairs
12OmanAhmed Ali Salim  Al NadabiOman Electricity Transmission CompanyRegulatory & Compliance Manager
13Oman Ismail Suliman Al Qasmi Muscat Electricity Distribution Company (MEDC) Team Leader Account Receivable
14OmanSultan Ahmed Mabrook  Al RawahiOman Electricity Transmission CompanyOperational Planning Manager
15OmanHisham Abdullah Salim Al RiyamiOman Electricity Transmission CompanyNetwork Planning Manager
16Oman Ayman Ali Said Al-Saadi Muscat Electricity Distribution Company (MEDC) Contact Center Team Leader
17Oman Rabab Al Zaabi Muscat Electricity Distribution Company (MEDC) Business Performance Manager
18OmanSalim AlKamyaniMazoon Electricty CoChief Operation Officer-Elc Supply Business
19Saudi ArabiaAli AlshqyhElectricity & Co-Generation Regulatory Authority (ECRA)Senior Econmic Specialist
20OmanAmarnath BhakatMinistry of FinanceFinancial Expert in Ministry of Finance
21PakistanSaif Ullah ChatthaNational Electric Power Regulatory AuthorityAuthority Member
22GhanaHaliru DikkoECOWAS Regional Electricity Regulatory Authority (ERERA)Council Member
23TurkeyAlaaddin Emre EvgalliogluEnergy Market Ragulatory Authority (EMRA)Energy Expert
24OmanKameel Ali Redha Ahmed Haj JawadAuthority for Elecrricity Regulation, OmanRegulatory Accountant
25TurkeyGulsah KinaciEnergy Market Regulatory Authority (EMRA)Assistant Energy Expert
26BeninAbdulkadir NazifWest African Power PoolDirector, Information and Coordination Centre
27LatviaJānis NegribsPublic Utilities Commissionsenior expert
28NigeriaFrank OkaforNigerian Electricity Regulatory Commission (NERC)Professor
29AngolaFilomena Isabel Maquengo Da SilvaInstituto Regulador dos Serviços de Electricidade e de Água (IRSEA)Regulatory Technician
30Cape VerdeArtur Da Conceicao Tavares SanchesARME – Agência Reguladora Multissetorial da EconomiaRegulatory Technician
31LatviaAlla VanagaThe Public Utilities CommissionDirector, Economic Analysis Department

 

Venue/ Accommodation

Crowne Plaza Muscat Hotel
Address: P.O. Box 1455, Ruwi 112, Muscat | 112 | Oman
Tel.: 968-24-660660
Web: https://www.ihg.com/crowneplaza/hotels/us/en/muscat/mschc/hoteldetail?cm_mmc=GoogleMaps-_-CP-_-OM-_-MSCHC

Kindly note that accommodation is not included in the tuition fee. Negotiated rate for Training Participants at the course venue is OMR 88.050 net (approximately EUR 199,5/ person/ night including Single Standard City View Room, Breakfast Buffet and Wi-Fi Internet). Room reservations and payment should be settled directly with the hotel. Reservation form will be provided with confirmation letter. 

Alternate Hotel Option

Park Inn by Radisson Muscat
Website: https://www.parkinn.com/hotel-muscat 
Email: reservations.muscat-at-parkinn.com


Visa

Please verify the visa requirements of Oman by contacting the Embassy of Oman in your country. 

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. 

General remarks

This note provides unofficial guidance to those visitors of Oman who require an electronic visa to enter Oman for the forthcoming ERRA events. For more detailed official information, please visit the Royal Oman Police electronic portal at https://evisa.rop.gov.om/#

You will have to create an account in the portal. Please have a copy of your passport as well as an official photograph ready for submission to complete the application procedure.

Visa type

For most visitors attending ERRA events, a tourist visa will do, regardless of whether you are visiting the country as an instructor or a student.

In the online portal, when applying for a visa, please choose the “visit unsponsored visa” options to lead you to the visas which are suitable for you. The types of visa options provided will be dependent on, among others, your nationality.

Visa costs

The basic non-sponsored single entry tourist visa will cost 5 Omani Rial (11.42 EUR). A multi-entry visa can cost 50 Omani Rial (114.2 EUR).

Visa issuing time and other important details

The online portal states that the visa will be issued “as soon as possible” after the application. Issued visas normally have a “use by” date of 30 days from the date of issuance. The timing of the application, therefore, should best be placed as early as possible within the 30 days prior to the date of use. Please note this can very between different visa types and check the terms and conditions of your particular visa to check the validity period and the “use by” date.


Airport Transfers

Muscat International Airport (MCT), formerly Seeb International Airport is is situated 32 km from the old city of Muscat.

Airport taxis are available through Mwasalat taxi office in the public Arrivals concourse of the Muscat International Airport. Outside of the airport, taxis are available from all main hotels or can be flagged down on the road. Taxis charge as per meter reading. Rates can be checked here >>>. Main website: http://mwasalat.om/en-us/Services/Mwasalat-taxi


General Information

Currency:

    

Omani Rial (OMR)
Currency Exchange Rates: https://www.nbo.om/en/Pages/Tools/Currency-Converter.aspx


Time zone:

 

Gulf Standard Time (GST), UTC/GMT +4 hours


Electricity:

 

240 V/50 Hz (Type G electricity socket – British origin)


Dial Codes:

 

+968 –


Emergency Calls:

 

 9999 (Ambulance, Fire & Police)


Smoking:

 

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


Weather:

 

http://www.met.gov.om/opencms/export/sites/default/dgman/en/weather-chart/oman-cities/#OOMS


Information on
Oman:

 

http://www.omantourism.gov.om/wps/portal/mot/tourism/oman/home

https://www.lonelyplanet.com/oman/muscat

https://www.roughguides.com/article/10-reasons-we-love-muscat-oman/

Course location

P.O. Box 1455, Ruwi 112, Muscat, Oman

Muscat

Oman

Crowne Plaza Muscat Hotel
Address: P.O. Box 1455, Ruwi 112, Muscat | 112 | Oman
Tel.: 968-24-660660
Web >>>