Power system regulation is never at a rest, and this is particularly true for the power systems of today. In a world that is hungry for a reliable supply of electricity, regulation and reform of the power sector become the drivers for economic development. Several countries across the world have implemented energy sector reforms to improve their economic performances.
This online course will highlight the connection between strategic governance of the power sector and economic growth. It will also provide the participants with the fundamentals for working in power sector regulation, whether in a regulatory commission, in a regulatory department within a company or as a policymaker.
Led by world-class experts from MIT and Comillas University, the course will give you a comprehensive understanding of the main concepts and ideas behind sector regulation from an engineering, economic and regulatory perspective.
Welcome live class: 15 November
The Technology and Operation of Power Systems – 15 – 19 November
Instructor: Michel Rivier – Live Class:19 November at 2-3pm CET
Topics: What are electricity’s unique characteristics? How does the complex infrastructure of power systems impact the economics behind investment decisions and regulatory policy?
Regulatory Principles and Institutions – 20-26 November
Instructor: Tomas Gomez – Live Class: 26 November at 2-3pm CET
Topics: What is regulation, and why do we need it? What is the history of power system regulation, and how do regulatory institutions operate? What are the different models for power markets, and what are the regulatory impacts for each?
Power System Economics – 27 Nov – 3 Dec
Instructor: TBC – Live Class: 3 December at 2-3pm CET
Topics: How does the power sector work from an economic point of view? How is pricing for demand calculated, how is that demand met by generation under either central planning or market conditions, and what external costs impact power system operations?
Monopoly Regulation – 4-10 December
Instructor: TBC – Live Class:10 December at 2-3pm CET
Topics: What is the economic rationale behind monopolies? How is cost-of-service regulation used on monopolies, and how does it compare to incentive based regulation? How are these models implemented in practice by regulators?
Electrical Distribution – 11-17 December
Instructor: TBC – Live Class:17 December at 2-3pm CET
Topics: How are distribution grids changing? Learn how remuneration and incentives for DSOs are structured and how smart grids can address the challenges of distributive energy resources or ‘prosumers’.
Winter Break: 23 December 2020 – 6 January
Electrical Transmission – 8-14 January
Instructor: Luis Olmos – Live Class: 14 January at 2-3pm CET
Topics: How to regulate transmission in free markets? How are nodal prices calculated, and what models should be used to guide investment in transmission networks? What business models exist for investment decisions, and what are the pros and cons of each? How should transmission pricing be charged to different users? What is the best approach for congestion management?
Electrical Generation and Wholesale Markets – 15-21 January
Instructor: Carlos Batlle – Live Class: 21January at 2-3pm CET
Topics: How to manage the generation aspect of power systems, how wholesale markets can solve the dispatch of generation in a competitive environment, how intraday markets operate, and how to manage market power to avoid market failure.
Electricity Tariffs – 22-28 January
Instructor: Javier Reneses – Live Class: 28 January at 2-3pm CET
Topics: Examine the components of electricity tariffs, how use-of-system tariffs are designed, how to correctly calculate the generation component of tariffs, and the other factors which can impact on tariffs.
Electricity Retailing – 29 Jan – 4 Feb
Instructor: Carlos Batlle – Live Class: 4 February at 2-3pm CET
Topics: Learn about the liberalisation of electricity retailing, how retail markets function, and the regulatory challenges that come with a move to liberalisation to allow a genuinely competitive retail market to take hold.
Regional Markets – 5-11 February
Instructor: Luis Olmos – Live Class: 11 February at 2-3pm CET
Topics: Learn about the benefits of regional markets and the key features of the EU and US regional markets. How is capacity allocated in a regional market, and what are the main regulatory objectives in a regional market?
Environmental Regulation – 12-18 February
Instructor: Pedro Linares – Live Class:18 February at 2-3pm CET
Topics: Learn the impact of electricity on the environment, and how the move to sustainability involves finding a balance between keeping electricity supply secure and affordable while improving access to energy and the impact on the environment. Learn how to design policies for renewable integration, regulatory instruments used in environmental regulation, and the impact of renewables on energy markets.
Security of Supply – 19-25 February
Instructor: TBC – Live Class: 25 February at 2-3pm CET
Topics: How to guarantee that the market will expand generation properly? How can the regulator work with the market, and what mechanisms are used to achieve security of supply? Specific attention is paid to the Reliability Option mechanism’s success from the point of view of demand and generation.
Interaction of Gas and Electricity Markets – 26 Feb – 4 Mar
Instructor: TBC – Live Class: 4 March at 14:00 CET
Topics: Examine the similarities and differences between electricity and gas, downstream natural gas markets, and gas security of supply.
Delivery of the Power System Project Week and Final Policy Paper: 14 March
Peer-review deadline: 21 March
Power Systems Live Sessions weeks: 14 – 28 March
The course is given in English and developed for:
The participants can take the course on 3 different levels:
The amount of time required to take this course depends on the aimed course level as well as the level of expertise in the subject prior to joining the course. For example:
We designed this training to give you a solid grasp of the fundamentals, and start your journey towards becoming an energy regulation expert.
In this course you will:
At the end of the course, the participants can earn a Certificate of Attendance, a Certificate of Completion or a Certificate of Excellence, depending on their performance and engagement throughout the course.
Special offer: For FSR Energy Donors and group enrollments (starting from 10% for 2 participants from the same organisation, up to 50% discount for 5 or more).
The group discount is only applicable on Corporate and Public Bodies fees.
Paid registration fee is non-refundable. However, registrant substitution may be made up to 20 days before the start date of the course.
Registering Multiple Participants
Please register each participant separately, to comply with the EUI data protection policy and also as the information given here will be used to set -up the individual account of the course participant
Please note that you must complete the payment process to complete your registration. For payment by credit card, you will receive by email a confirmation of payment. For payment by bank transfer, please send a copy of the bank transfer to email@example.com. Upon request, you can get a confirmation of payment once the payment has been registered by our accounting department.
Power system regulation is never at a rest! Join us online for a comprehensive understanding of the power sector regulation from an engineering, economic and regulatory perspective.
I really loved the online course on Regulation of Power Sector. It helps by going into the depths of power sector regulation. It was serious, interactive and involved a lot of independent research. I enjoyed the live classes at the end of each chapter. I can recommend this course for all interested in power system management.
This online course is the most innovative and efficient crash course on power I have seen!
Although fully online, this course is supported by a dedicated team, and I could find personalized follow-up and helpful explanations when I most needed them. This was valuable input in addition to all videos, quizzes and teaching materials available during the course.
Generally, a great course, excellently thought-over and managed, thank you very much!
There is too much opinion and too little facts in other similar courses by other universities. This course is one of the few that looks at facts, present-day and probable past.
The Summer School on the Regulation of Energy Utilities (Ljubljana Edition) dives into the policy and regulatory efforts that Europe has undertaken to integrate the energy markets across the block…
This 5-week training provides an insight into the most recent competition and regulatory issues raised by the Digital Economy.
The Summer School on Energy Systems will focus on the economic, policy and regulatory aspects of sector coupling in the European Union and the possible ways to model and investigate…
Understand the basic principles and most topical issues of gas sector regulation in Europe and worldwide. This blended course starts with a four-week online block, introducing you to the basic…
Empowering the next generation of energy regulators During the Annual Training, you will gain extensive knowledge of the fundamental principles of the regulation of the power and gas sectors through theory and practice, learning from European…
Please be aware that the third block has been converted into a five-week online course (15 June – 19 July), for detailed information please visit this page. Our…
To meet, discuss and learn in the channel that suits you best.