ERRA Training Course:
Principles of 
ELECTRICITY MARKETS
1-5 February 2010, Budapest, Hungary

Course Objective:

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.

This course aims to provide a thorough introduction to the most important economic issues surrounding the creation and successful operation of electricity markets.

Topics discussed during the first half of the week include an explanation of relevant economic concepts, the characterisation of competitive and oligopolistic markets, the dangers of market power abuse and the effect of the presence of essential facilities on market operation.

Within this general market framework, the second half of the course will cover the special issues regarding the demand and supply of electricity, the design of various market structures and the role of the electricity network in a competitive environment.

• Economics of competitive markets; 
• Demand for and supply of electricity: major characteristics; 
• Wholesale markets for electricity: design and operation; 
• Supply characteristics of electricity networks and network issues in electricity markets;
• Economics of market power and antitrust in electricity markets

 Content

For details please see the course description here >>

Course Faculty Team:

The Course is facilitated by the Regional Center for Energy Policy Research (REKK). Prof. Peter Kaderjak, Director of REKK was a Chairman of ERRA and a President of the Hungarian Energy Office. Course istructors will be ERRA, CEER & NARUC member regulators as well as research associates of REKK.
For the list of course instructors please visit:

http://www.erranet.org/Training/Intermediate_Advanced_Training/Electricity_Markets_2010/Course_Instructors

Target Audience:

The course has been designed to meet the needs of both regulators and utility representatives. Our training courses are frequently attended by utility representatives so we are confident that the program is suitable for company employees as well.

Registration Form:

To download the Registration Form in .pdf format, please click here  >>

The course has been designed to meet the needs of both regulators and utility representatives. Our training courses are frequently attended by utility representatives so we are confident that the program is suitable for company employees as well.