Research

The School carries out applied research with the purpose of developing economically, legally, and socially-sound regulation and policy, using a multidisciplinary approach.

EU transport competitiveness

The European Union is entering a decade that will be decisive for its global competitiveness. This is particularly the case in the transport sector....

Authors
Elodie  Petrozziello JJMP
Article
Should I offset or should I plough? : voluntary carbon offsets and ETS in an evolutionary model
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Article
The regulatory framework for independent aggregators
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Executive Education

We offer different types of training: Online, Residential, Blended and Tailor-made courses in all levels of knowledge.

Policy Events

A wide range of events for open discussion and knowledge exchange. In Florence, Brussels, worldwide and online.

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Discover more initiatives, broader research, and featured reports.

Energy Regulation Academy

The Energy Regulation Academy (EnRA) is a 3-year capacity-building initiative to help accelerate the energy transition in Europe.

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Luncheon Debate on the Evolution of EU Electricity TSOs

13 October 2015

FSR will present and discuss the recently published paper on “A conceptual framework for the evolution of the operation and regulation of electricity transmission systems towards a decarbonised and increasingly integrated electricity system in the EU”. The paper will be presented to the whole audience of relevant stakeholders and discussed by a panel where regulatory authorities, EU institutions, industry and academia will be represented.

Follow the livestream here!

Take our poll, and tweet your questions for the panel

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Further information on the discussion theme

The transition towards low-carbon energy systems requires not only new rules, but also new roles. In particular the role of transmission networks and the role of transmission system operators are changing and need to evolve even faster over the coming years. The different time-scales for investments in generation and in networks should also be kept in mind. We will discuss how relevant stakeholders can take a leading role in transforming the way power systems are managed and operated in order to meet the twin targets of decarbonisation and increased market integration in the most efficient way. Because there are many uncertainties and some degrees of freedom as regards policy choices and their implementation, diverse future scenarios are conceivable. Therefore, our study provides a set of recommendations about appropriate regulatory paths and incentives that are conducive to different scenarios. The paper does not prescribe a mandatory solution – it offers a conceptual framework to assess and compare different options.

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Annual Training on Regulation of Energy Utilities

From 05 October 2015 to 09 October 2015

The objective of the FSR Annual Training on Regulation of Energy Utilities is to provide staff of regulatory authorities, market operators, market monitoring agencies and regulatory divisions of energy companies a comprehensive knowledge of the key energy regulatory principles needed in their professional practice. A successful student will understand the principles of regulation and the regulatory structure of the energy industry through theory and practice. The Annual Training provides different perspectives and experiences on energy regulation on topics such as regulatory models, monopolistic versus competitive activity, wholesale and retail energy markets, electric power transmission, quality of supply, fundamental legal procedures, tariff design and several others.

The Annual Training is divided in three blocks

  1. Block I is a week-long introductory course in Florence covering in detail the fundamental principles of regulation.
  2. The training continues with Block II, a seven-month online course during which energy regulatory principles and case studies are studied together in-depth in a well-structured, flexible e-learning environment that features interactive activities, discussions, webinars and individual and group virtual activities.
  3. The training concludes with Block III, in which the participants return to Florence for a week-long discussion of applied case studies and hands-on individual and group practice. The final day of the Annual Training is represented by a workshop where top industry specialists are invited to discuss with participants a relevant issue for the policy-making and regulatory development of the energy industry.

For complete information about the Annual Training please visit the training’s website.

Block I

Block I: 05 OCT 2015-09 OCT 2015 Monday, October 5, 2015

  •  Electric power and gas systems: Structure, organization and functioning – Rocío Prieto (CNE)
  •  Theory and principles of regulation and competition – Pippo Ranci (FSR)
  •  Models of regulation. Restructuring of the electric power and gas industries. Regulatory institutions –
  •   Jacques de Jong (Clingendael Institute)

Tuesday, October 6, 2015

  •  Regulatory economics: Monopolistic activities. Approaches to price control – Rudi Hakvoort (Delft University)
  •  Regulatory economics: Competitive activities – Rudi Hakvoort
  •  Quality of service in electricity and gas – Elena Fumagalli (Politecnico di Milano)
  •  Environmental issues in energy systems – Rudi Hakvoort
  •  Presentations by course participants

Wednesday, October 7, 2015

  •  Traditional regulation of energy utilities – Ignacio Pérez-Arriaga (Comillas University & Director of training at the FSR)
  •  Electricity distribution – Ignacio Pérez-Arriaga
  •  The electricity transmission network – Ignacio Pérez-Arriaga
  •  Electricity markets. The wholesale market – Alberto Pototschnig (FSR Adviser, Director of ACER)
  •  Electricity markets. The retail market – Ignacio Pérez-Arriaga
  •  Presentations by course participants

Thursday, October 8, 2015

  • Gas markets. The wholesale market – Aad Correljé (Clingendael Institute)
  •  Gas markets. The retail market – Aad Correljé
  •  Gas networks – Sergio Ascari (FSR Gas Adviser, former regulator at AEEG)
  •  Tariff design – Ignacio Pérez-Arriaga
  •  Presentations by course participants

Friday, October 9, 2015

  • Legal issues in EU energy regulation – Denis Cagney (Irish Regulatory Commission)
  • NRAs and ACER – Ernesto Bonafé (EnergyCharter)
  • Presentations by course participants

Block II

Block II: 20 OCT 2015 – 10 MAY 2016

Module 1 Electricity and gas systems Preliminary reading
Module 2 Theory and principles of regulation Preliminary reading
Module 3 Traditional regulation Preliminary reading
Module 4 Monopolistic activities Rafael Cossent (Comillas) 20 Oct – 2 Nov 2014
Module 5 Competitive activities Pablo Rodilla (Comillas) 3-16 Nov 2014
Module 6 Wholesale electricity markets Carlos Batlle (Comillas/MIT/FSR) 17-30 Nov 2014
Module 7 Electricity transmission Michel Rivier (Comillas) 1-14 Dec 2014
Module 8 Gas markets Aad Correlje (Clingendael) 5-18 Jan 2015
Module 9 Gas networks Sergio Ascari (FSR) 19 Jan – 1 Feb 2015
Module 10 Electricity distribution Javier Reneses (Comillas) 2-15 Feb 2015
Module 11 Quality of service Elena Fumagalli (Politecnico Milano) 16 Feb – 1 Mar 2015
Module 12 Electricity retail markets Carlos Batlle (Comillas/MIT) 3-15 Mar 2015
Module 13 Tariff design Javier Reneses (Comillas) 16-29 Mar 2015
Module 14 Regulatory authorities Ernesto Bonafé (FSR) 30 Mar – 12Apr 2015
Module 15 Environmental regulation Rudi Hakvoort (Delft) 13 Apr – 10 May 2015

How it works

  • Each module is explained in a syllabus, which includes selected bibliography and self-assessment tests.
  • The modules are studied during two weeks. Each course participant has to prepare short basic questions by the end of the first week, and submit a case study on a major issue by the end of the second week.
  • Throughout the two weeks, all course participants are involved in forum discussions proposed by themselves and the instructor.
  • Course participants need to devote an average of 15 hours per module, which can change according to the previous knowledge on the topics.
  • The module instructors are available to clarify questions and provide all necessary information. The instructors supervise, encourage and assess all the work submitted by the course participants.
  • The website www.elearning-fsr.net is the user-friendly platform where the training takes place.

Block III

Block III: 06 JUN 2016-10 JUN 2016 Block III of the FSR Residential and E-learning course on Regulation of Energy Utilities is the second residential part of the course. Block III comprises:

  • Four-days of residential sessions, devoted to the discussion of case studies and the presentation of some other topics of specific interest to the course participants, and
  • a final one-day workshop on energy and sustainability, including the closure of the course with delivery of diplomas to participants.

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External Energy Security and Policy: Power and Gas Aspects

05 October 2015

Florence School of Regulation & E-Control

External Energy Security is high on the European Union’s agenda and it is important to have an open and honest debate about the opportunities and challenges this may raise. The Florence School of Regulation and E-Control are pleased to collaborate on this topic and provide an opportunity to have such an useful discussion with the relevant stakeholders.

The workshop will discuss the following topics:

  • A new energy policy for the European Union?
  • Implementing Energy Policy: What needs to be done? New ambitions and strategies for the future.
  • Going beyond national borders: is it really that difficult?

Each session will include a range of panelists representing regulatory authorities, EU institutions, industry and academia. After short presentations by the panelists we hope to engage in an open discussion with all the participants under Chatham House Rules.

ORGANISED WITH

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Capacity Mechanisms in the EU Energy Market, Book Launch Seminar

29 September 2015

Capacity mechanisms in the electricity sector have become a much debated topic in Europe. National electricity markets are increasingly interconnected and the cross-border implications of state subsidies must be carefully considered.

Join us in discussion of the FSR’s new book, ‘Capacity Mechanisms in the EU Energy Market’ which provides a first academic treatment of how capacity mechanisms work in policy and practice, and their possible consequences.

Editors: Leigh Hancher, Adrien de Hauteclocque, and Małgorzata Sadowska

Publisher: Oxford University Press

Forthcoming, September 2015

(*Image based on original idea by Monika Zsigri)

 

What does this book offer?

 

Key Points

  • The first point of reference for a practical and theoretical study of capacity mechanisms.

  • Discusses capacity mechanisms from legal, economic, and policy perspective.

  • Includes 11 country case studies permitting swift comparison between different models and legal approaches.

 

Join the Seminar

Starting at 17.30 in the offices of Allen & Overy LLP, Brussels 

Speakers:

  • Leigh HANCHER, Professor, European University Institute

  • Alberto POTOTSCHNIG, Director, ACER

  • Marc VAN DER WOUDE, Judge, General Court of the European Union

  • Christof SCHOSER, Deputy Head of Unit, State Aid Control, DG Competition, European Commission

Register Now

 

ORGANIZED WITH

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CREG Annual Conference

28 September 2015

This conference is a joint initiative of the FSR Energy Law & Policy Area and the Belgian energy regulator CREG. It aims to foster discussion on regulated energy prices, an issue of particular importance not only for regulators, but also for the European energy industry and all energy customers.

The conference is divided into two sessions, which cover the topic both from law and policy, as well as economic perspectives.

The two sessions are followed by a roundtable of academics and industry experts, and complemented by a keynote speech by Anne Houtman from the European Commission presenting the EU approach to regulated prices. 

Participation in this conference is free of charge. Please register by emailing your details to creg-insights@creg.be. We will send you a confirmation message.

Presentations:

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‘EU Climate Policy EXPLAINED’ Book Presentation

12 November 2015

This book, co-edited by Jos Delbeke and Peter Vis,  explains the EU’s climate policies in an accessible way, to demonstrate the step-by-step approach that has been used to develop these policies, and the ways in which they have been tested and further improved in the light of experience.

It shows that there is no single policy instrument that can bring down greenhouse gas emissions, but the challenge has been to put a jigsaw of policy instruments together that is coherent, delivers emissions reductions, and is cost-effective.

The book was presented by Peter VIS, former Head of Cabinet to Connie Hedegaard, European Commissioner for Climate Action (2010–2014) and discussed by Massimo Tavoni, Deputy Coordinator for Climate Change and Sustainable Development, FEEM, Italy. 

Slides

Live streaming videos and audio recordings

Below you find:

  • Audio recordings (ONLY) of the introduction to the event by Xavier Labandeira and the Q&A session
  • Both video AND audio recording of the book presentation by Peter Vis and the discussion by Massimo Tavoni.

About the editors of the book

Jos Delbeke has been the Director-General of the European Commission’s Directorate-General for Climate Action since its creation in 2010 (ongoing). He holds a Ph.D. in economics (Louvain, 1986) and lectures at the University of Louvain, Belgium, on European and international environmental policy.

Peter Vis is the EU Visiting Fellow at St. Antony’s College, University of Oxford (UK), for the academic year 2014–2015. Prior to that he was Head of Cabinet to Connie Hedegaard, European Commissioner for Climate Action (2010–2014). He has an MA (history) from the University of Cambridge (UK).

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Forum

3rd Florence Rail Forum. Railways: Between Sector Specific and Competition Regulation

05 December 2011

Following previous discussion events on rail transport, we are now debating scope and frontier of sector specific and competition regulation in railways.

Continue reading “3rd Florence Rail Forum. Railways: Between Sector Specific and Competition Regulation”

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Forum

2nd Florence Rail Forum. Performance and Governance in Railway Markets

23 May 2011

Following the workshop that launched the Transport Area of the Florence School of Regulation on 9 April 2010 and the first Florence Rail Forum, held 15 November 2010 on “aims, models, and powers of rail regulators”, we turn our attention to performance in railways and to how such performance is linked to market organization. Continue reading “2nd Florence Rail Forum. Performance and Governance in Railway Markets”

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Forum

1st Florence Rail Forum. Aims, Models and Powers of Rail Regulators

15 November 2010

Following the initial broad discussion on the rail industry during our first workshop, held on 9 April 2010, we are now focusing specifically on the aims, the models, and the powers of rail regulators.

 

Continue reading “1st Florence Rail Forum. Aims, Models and Powers of Rail Regulators”

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Workshop

Florence Rail Workshop

09 April 2010

The need for regulation of transport industries has far from disappeared. New private and public actors have emerged. Regulatory issues have grown more numerous and more complex. New regulatory frameworks agreed upon by the main stakeholders are required to ensure a sustainable development of the European transport sector.

Continue reading “Florence Rail Workshop”

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Conference on Contracts, Procurement, and Public-Private Arrangements

From 04 June 2015 to 05 June 2015

This conference focuses on the recent developments in contract theories and will bring together academics, policy-makers and practitioners to discuss relational contracting, transaction costs, renegotiations, incentives, award mechanisms, incomplete contracting, contract design, benchmarking, privatization, corruption, institutions.

The conference format will be designed to facilitate informal interactions among participants and promote future cooperations.

Keynote speakers:

Jose-Luis Guasch (University of California, San Diego)
The Renegotiation of PPP Contracts: An Overview of its Recent Evolution in Latin America

Antonio Estache (Université libre de Bruxelles)
Efficiency measures in regulation: Theory, Practice and Unmet Challenges

 

See the full programme

 

ORGANIZED WITH

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Course on the Regulation of Public Services: National and Local Perspectives

From 09 March 2015 to 13 March 2015

The Florence School of Regulation Water and the Turin School of Local Regulation are organising a course on the Regulation of Public Services: National and Local Perspectives.

This course intends to analyse economic regulation of public services from different perspectives and to explore the peculiarities of centralised and local allocation of regulatory tasks in relation to the nature of the service, specific policy objectives (consumer protection, equity, environmental targets, efficiency …), the historical and cultural background, the relationship between different actors and stakeholders, the influence – when relevant – of international actors like international organisations and financial institutions. The existence of multi-level systems of regulation will be also analysed as an emerging trend.

The course final aim is to provide participants with a broader overview on the objectives of regulation and with some hints to evaluate on a case-by-case basis what are the most suitable instruments and what is the best layer of intervention for a sound regulation: national, local or multi-level. That is why frontal lessons will be accompanied by the presentation of specific case studies and by interactive working groups.

Who is it for?

National and local regulatory authorities Central Public Administrations Regional and local governments NGOs and consultancies

Location

Center for Advanced Academic Studies, Dubrovnik, Croatia

Faculty

Aziza AKHMOUCH | OECD Alberto ASQUER | University of Cagliari Franco BECCHIS | Turin School of Local Regulation Jihad ELNABOULSI | University of Franche-Comté Maria SALVETTI | Florence School of Regulation Elisa VANIN | Turin School of Local Regulation Barbara WYSS | Swiss Federal Electricity Commission ElCom

Fees*

Our donors: € 2.850 Other: € 3.800

Registration

Registrations are now closed

Contacts

Questions about the course? Please contact Chiara Caccinelli

* The fee includes: tuition fee // materials and a site visit // 6-night accommodation at the CAAS facilities // one social dinner // coffee breaks

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