The event is hosted by:
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 Price Regulation and Tariffs scheduled to take place
in Muscat, Oman on February 3-7, 2019
is an opportunity to obtain a detailed insight into the allowed revenue calculation and 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!
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Price Regulation and Tariffs Training 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.
Please note that Training Materials are available only for registered participants and ERRA Members. Please LOGIN with your username and password.
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Crowne Plaza Muscat Hotel
Address: P.O. Box 1455, Ruwi 112, Muscat | 112 | Oman
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 at The Restaurant for 1 person and high speed Wi-Fi Internet). Room reservations and payment should be settled directly with the hotel.
Alternate Hotel Options
There are two hotels that are 7 minutes’ walk from Crowne Plaza.
1/ Ramee Guestline Hotel ****
Room rate: Euro 60 per night
2/ Park Inn by Radisson Muscat
Room rate: standard room with buffet breakfast and internet for single occupancy for around Euro 80.
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.
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.
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.
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.