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Specialised Training on the Regulation of Gas Markets

17 February – 20 March 2020 | Blended: Florence and online

Early Bird: 10% discount if you register by 30 December 2019

This residential training is our flagship course on Gas. For its 12th edition, the Specialised Training on the Regulation of Gas Markets will for the first time become a blended course, allowing our participants to take full advantage of the online learning and to prepare for a 5-day immersion into the gas market regulation in Florence.

How will it work?

This year the training will be divided into two parts: online and residential. The online part will start on the 17th of February 2020. You will be granted access to our online platform with a 4-week preparatory course focusing on the basic principles of gas regulation in Europe.

This 4-week online (17 February – 13 March 2020) training provides:

  • Introductory video lecture at the beginning of each lesson
  • Reading materials summarising the key information
  • Interactive quizzes to test your knowledge
  • Recommended readings and multimedia materials to delve into the topics of your choice.

After completing the online part, you will be invited to join an intensive 5-day residential training in Florence (16-20 March 2020), which will provide you with:

  • Global and regional gas supply and demand outlook
  • Academics and practitioners’ perspectives on the gas markets
  • In-depth analysis of the principles of gas regulation
  • Interactive learning: real-life problems, group work, lively discussions
  • Policy and regulatory focus on topical issues in Europe and worldwide – such as renewable and low-carbon gases, sector coupling, Network Codes, global LNG, main factors of influence on gas private sector’s strategies
  • Numerous networking opportunities 


  • Overview

    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.

  • Learning Objectives

    The aim of the training is:
    • To analyse the evolution of the regional gas markets and the emerging global LNG market
    • To describe concrete models of gas market regulation
    • To explain the different ways of designing gas tariffs
    • To assess the current status of implementation of EU Network Codes
    • To understand the regulatory challenges related to the decarbonisation of EU energy system
    • To analyse the changing role of gas and the gas infrastructure
  • Content

    The online part:
    • Gas Demand and Supply dynamics (instructor: Paolo Natali)
    • Gas key actors and functions (instructor: Ilaria Conti)
    • Defining gas transport and distribution capacity (Michelle Hallack) OR Basic principles of gas regulation in a liberalised market: main regulatory models (instructor: Miguel Vazquez)
    • Defining tariffs (instructor: Sergio Ascari)
    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
  • Expected learning outcomes

    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
  • Course Director

    Ilaria Conti

    Ilaria Conti is Head of FSR Gas Area.

    Her main fields of expertise concern EU institutional relations and EU electricity and gas regulation. After a traineeship at the United Nations and at the Permanent Representation of Italy at the European Union, she worked from 2005 until 2013 for EFET, the “European Federation of Energy Traders” contributing as Policy Advisor and actively participating in the work of the EFET Gas Committee, Task Force Iberia, Task Force CEE, Task Force Italy and the EFET Board. 

    During the 8 years spent in Brussels, she actively took part in the consultative processes leading to the development of major EU regulations and Directives such as the Third Energy Package, the RES Directive, EMIR, REMIT, Security of Supply regulation. At the same time she developed her knowledge in the implementation of energy regulation at national level and actively participated in bilateral meetings, institutional roundtables with local authorities representing the views of EFET on the various issues discussed. 

    She was appointed Head of EFET Italy in 2008 and Director of the EFET Rome office in 2012.

    Before joining FSR, she worked from 2013 until 2015 for ENOI S.P.A., responsible for institutional and regulatory affairs. In addition to coordinating the FSR’s research and policy activities, she is the Managing Editor of the IAEE publication “Economics of Energy & Environmental Policy”.

  • Active Learning

    Interactive methods give the participants an opportunity to be at the centre of the learning process.

    Instructors guide participants in knowledge building and show the ways to implement theoretical issues in practice.

    Participants solve real life problems and engage in lively discussions led by the training instructors. Training time is used for working in small groups, sharing experiences as well as applying new ideas and the learned concepts to relevant topics. Learning process is supported by an online platform that consists of all course material and extra resources 

  • Target group and knowledge level

    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.

  • Fee

    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
    Shuttle transport between hotel and the training venue, back and forth



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