The FSR Specialised Training on the Regulation of Gas Markets covers the basic principles of regulation in the gas sector, as well as the most relevant and topical issues in Europe and worldwide.

After a general assessment of the gas market context, the course gives an overview on the various and diverse applications of gas regulation in different geographical contexts (ex. EU, USA). By comparing different regional gas market models, the course analyses the best ways to fully implement the existing EU Network Codes, in particular the Balancing and Tariff Network Codes.

Moreover, the course offers a deep insight on the basic concepts of gas regulation such as transmission tariffs, Third Party Access (TPA) and pipeline competition, incentives to new infrastructure, and price caps – with a practical perspective supported by concrete examples and case studies. Participants will have the opportunity to improve and exercise their regulatory knowledge, while developing their problem solving skills by working in small groups.

The participants will also have a chance to test their understanding of the balancing market by engaging in the balancing market simulation game.

The online part (participants can choose only four modules):

1.   Gas Demand and Supply dynamics (Paolo Natali)
2. Gas key actors and functions (Ilaria Conti)
3. Defining gas transport and distribution capacity (Michelle Hallack)
4. Basic principles of gas regulation in a liberalised market: main regulatory models (Miguel Vazquez)
5. Defining tariffs (Sergio Ascari)
6. Techno-economic Characteristics of Natural Gas (Michelle Hallack)
7. Security of supply (Ilaria Conti)

Online debate at the end of the online course.

 Group work: Infrastructure for a decarbonised gas system, which choices?

Bring and discuss arguments linked to opportunities and challenges at infrastructure (H2 blending limits, presence of LNG terminals etc, planned projects, interconnection with neighbouring markets), market (existing electricity generation, consumption volumes forecast, energy import/export data etc) and regulatory level (EU and national)

The residential part:

The gas market world

• Supply/demand dynamics and recent developments
• LNG features and market forces
• Organisation of markets and hubs
• Evolution of contracts and trading
• Storage and security of supply
• Gas market regulatory evolution
• Models of gas market regulation: Europe, US, and emerging markets
• Gas price regulation
• Regulation of the EU gas market: target models, network codes and their implementation, the integration of the EU internal gas market

Registration is open to all professionals of any level who are interested in having a deeper understanding of the gas regulation.

The training is mainly addressing staff from energy utilities, TSOs, banks and representatives from National and European Regulatory Authorities or other public bodies, but also academics and researchers with an interest in gas markets regulation.

No specific academic background is required although a basic knowledge of energy regulation or policy making is recommended. The training is given in English.

• After the training participant will be able to:
  • Explain the key trends in the gas supply and demand dynamics in different regions
  • Indicate the main changes in the EU gas market and the current obstacles to closer internal gas market integration
  • Compare different regional/national models of gas market regulation and indicate the benefits of their implementation
  • Design and use tools to calculate gas tariffs
  • Improve his/her own assessment of existing and future implementation plans of the EU network codes in his/her country
  • Evaluate new gas infrastructure projects and find the optimal solution to ensure security of supply

The registration fee for:

FSR Donors or National Regulatory Authorities: 2, 800 EUR
Other organizations or companies: 3,800 EUR

The registration fee covers:

Course attendance
Access to the online platform during the course
Certificate of attendance
Coffee breaks, lunches
Guided tour of Florence and a group dinner in the city center
Group dinner
Shuttle transport between the city center and the training venue, back and forth