Fundamentals of Energy and Utility Regulations

Introduction

The Fundamentals of Energy and Utility Regulations training course provides an insight to the wide range of issues necessary for professionals in any energy regulatory environment. The training course offers a comprehensive, unbiased overview of the world of energy regulation and the fundamental aspects of each energy regulation issue. The training course will consider emerging issues associated with restructured electric energy and capacity markets as well as international practices affecting the natural gas and electric industries.

Delegates will gain extensive knowledge of the fundamental principles of the regulation of the energy and utility sectors through theory and practice and will rapidly increase their understanding of taking adequate positions on competition, the integration of markets and networks, quality of service, and security of supply, with the ultimate goal of protecting the interests of consumers and the better integration of market participants into an appropriate energy market.

This GLOMACS Fundamentals of Energy and Utility Regulations training course will highlight:

• Fundamentals of energy regulation
• The development of energy tariffs and legal framework
• Aspects and steps of managing the transition to energy market competition
• Electricity sector reforming and pricing environmental pollution
• Dispute resolutions in a regulated market

Objectives

The objective of this training course is to enable participants to apply the knowledge and understanding gained at the programme to increase their knowledge of regulatory issues and processes, with focus on the principles of regulation, as well the key skills required to participate in regulatory proceedings. This will help the participants to gain practical insights into managing and enhancing their areas of practice.

At the end of this Fundamentals of Energy and Utility Regulations training course, the participants will learn to:

• Understand the principles of energy and utility regulation
• The role of energy regulator and related issues
• Understanding and negotiating energy and utility contract structure and formation
• Grasp and apply dispute resolution methods from a regulator perspective
• The elements required for the proper functioning of competitive markets
• Interpret regulatory models and the restructuring process of the electricity and gas sectors

Methodology

The Fundamentals of Energy and Utility Regulations training course will provide the participants a perfect opportunity to advance and sharpen their skill sets in understanding the energy and utility regulation and basics of how to regulate the commercial and legal activities of energy and/or enterprises through an interactive session with role-playing, case studies, group discussions, and scenarios building of negotiation with an energy regulator involving interactive role play by the participants.

Organisational Impact

This Fundamentals of Energy and Utility Regulations training course offers a unique opportunity to rapidly increase your understanding of the energy regulators and the fundamental aspects of each energy regulation issue and improve your negotiation techniques, and skills in handling issues relevant to regulation for professionals involved nationally and internationally in the energy and utility sector.

The organisation will benefit from this Fundamentals of Energy and Utility Regulations training course through:

• Gaining expertise and improving knowledge and skill sets of personnel dealing with areas of legal and policy risks in handling energy and utility regulation
• Various workshops and exercises the ability to appreciate and understand the current international practices in energy and utility regulations
• How to mitigate risks when dealing with regulatory matters in the energy market
• Enhancing the contract personnel negotiation skills
• Understanding the importance of Alternative Dispute Resolution (ADR) from a regulator perspective

Personal Impact

The participants will gain knowledge by attending this training course, as a result:

• A unique opportunity to rapidly increase your understanding of the fundamentals of energy regulations and emerging issues associated with restructured electric energy and capacity markets
• Improving the negotiation techniques and skills in international context affecting the natural gas and electric industries
• Choosing the most appropriate form of dispute resolution and how to draft a suitable Alternative Dispute Resolution (ADR) clause from a regulator perspective
• Enhancing your ability to understand the role and function of a regulator in the energy and utility sectors