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ERRA Training Course: Price regulation and tariffs

2-5 November 2010, Budapest, Hungary

Course outline  

COURSE OBJECTIVE:

This 4-day Course is to equip students with the core concepts, objectives and techniques of designing and evaluating rate structures in the energy sector which guarantee fair rate of return for the regulated companies; increase of productivity and efficiency of regulated companies over time; fair and reasonable tariffs for end users; a transparent tariff setting procedure.
In addition to the formal presentations, the course will feature group exercises and simulations and cultural program.

 

COURSE PROGRAMME:

Module 1 introduces financial analysis, one of the basic inputs of tariff development and control. It also describes the method of determining the revenue requirement of regulated energy companies.

Module 2 after a short introduction of basic economic concepts, describes the basic normative approaches and methods of tariff design.

Module 3 contains a classification of observable consumption patterns and corresponding consumer tariffs. The module also explains the rationale behind the regulation of prices through which access to transmission grids can be obtained by the participants of the competitive market.

Module 4 compares the practical policies of rate-of-return and incentive regulation under different industry conditions, and draws attention to the often conflicting objectives involved in the process of designing a practical regulatory policy.

Module 5 shows how the likely effects of different policy measures can be investigated, and raises some important aspects to be considered when assessing social impacts of energy policy decisions.

 


 

CERTIFIED ENERGY REGULATORY   PROGRAMME

 Credits awarded upon successful completion: 10. For more information on Certified Energy Regulatory Programme please visit: http://www.erranet.org/Training

ERRA alumni recognize the advantages of the CER Programme and they return with the objective to achieve this award.