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.

Along with a general assessment of the gas market context, the course gives an overview on the various and diverse gas regulation and policy applying in different geographical contexts (ex. EU, Latin America). By comparing different regional gas market models, the course analyses the EU gas regulation  which is currently enforced in Europe (Third Energy Package, EU Network Codes) in particular focusing on the Balancing and Tariff Network Codes.

Moreover, the course covers the basic concepts of gas regulation such as transmission tariffs, balancing markets, gas hubs and pipeline competition, incentives to new infrastructure, and price caps.

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)

Participants can choose only four modules

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)

• Supply/demand dynamics and recent developments
• LNG features and market forces
• Organisation of markets and hubs
• Role of gas in the energy transition
• Renewable and decarbonised gas: biogas, biomethane, hydrogen, syngas
• Evolution of contracts and trading
• Storage and security of supply
• Gas market regulatory evolution
• Models of gas market regulation: Europe, USA, 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

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

The fee includes 1 free seat to one FSR online course*
The online course will have to take place until December 2021, and the seat can be used by anyone inside the same company or institution

*except Annual Training, Executive Course to master Electricity Markets, and Summer School on Energy Systems: Sector Coupling and Energy Modelling.