Dynamic Utility Regulation Policy and Strategy
TRAINING PROGRAMME OVERVIEW
1st-3rd September 2021
In designing and implementing robust regulation, there are no one-size-fits-all formulae for every element to achieve targeted, sustainable development. Moreover, it has emerged that each country differs in its level of competition, liberalisation, substance and governance. Therefore, this training provides a guideline or a model with practical examples by which institutions can learn from other jurisdictions where effective regulation and policy formulation have been achieved and provide roadmaps on how we can achieve effective regulation.
A lively discussion on dynamic regulation, how to ensure regulation anticipates and, as appropriate, adapts to market evolutions, how to regulate an industry/network with potentially continuing reduced energy volumes and more intermittent sources, how to move from static regulation to more dynamic regulation and how to regulate infrastructure for different purposes.
The training package is composed of the following modules:
1) WHO IS A REGULATOR?
- Institutional setting and decision-making processes of energy regulatory institutions.
- Regulatory fundamentals (areas, scope, and methods of regulation)
- How the regulatory process can promote the legitimacy and credibility of regulatory decisions.
- Basic approaches to energy sector reform
- Market monitoring and surveillance
2) THE LINKAGE BETWEEN ENERGY POLICY AND REGULATION
- Recommendations for effective regulation in the EAC energy markets;
- The Security of supply considerations, climate commitments, technology dynamics, and digitalisation in the energy sector;
- Effective regulatory strategies for monitoring performance and enforcing compliance in regulatory institutions;
- Mapping regulatory process to promote legitimacy and credibility of regulatory decisions;
3) PRICE AND TARIFF REGULATION
- Extant theoretical basics of the price regulatory process; the setting of the revenue requirement, tariff design alternatives;
- The concept of competition in tariff rebalancing, cross-subsidisation, and funding of social obligations;
- The key considerations in rate design;
- Strategies for conducting price reviews;
- Valuable examples of good practice.
4) MATCHING COMPETITION AND REGULATION IN ELECTRICITY
- Novel models of wholesale and retail competition in the energy markets;
- Dealing with network access and long-term contract on competition in pools and national electricity markets;
- The role of energy regulators in renewable energy integration complexity.
- Regulatory capture
The training course is designed explicitly for National Regulatory Institutions (NRI’s), academia, utilities, power pools, regional regulators, investment Banks, investors looking for an introduction, and a comprehensive overview of regulatory principles and practice.