Energy Market Tariff Design and Regulations

An Interactive 5 - Day Training Course

Energy Market Tariff Design and Regulations

Balancing Customer Expectations with Supply’s Security, Quality, Resilience, Affordability, and Sustainability

Classroom Dates
Register
13 - 17 May 2024
London
$5,950
Register
Register
09 - 13 Dec 2024
London
$5,950
Register

This Energy Market Tariff Design and Regulations training course will provide the fundamental knowledge associated with the principles of designing, operating, and monitoring energy and electricity markets. Moreover, methods for establishing tariffs following cost allocations procedures and introducing appropriate regulations to achieve certain objectives will be presented. The training course will highlight the reasoning behind the market regulations and will discuss different models which can be used to design energy and electricity markets with their advantages and disadvantages.

The market objectives of all energy market players have been becoming ever more complex as sustainability and the social and environmental impacts of the industry have become now strategic business matters.  The expected governance level of openness and transparency as well as behaviors such as ethical investments and community engagement and support add more complexity as it becomes a moral responsibility for the corporate world to achieve better community acceptance by investing and supporting the local communities without doing any harm to the environment.  

Typically, independent from the government bodies are formed and are given the authority to design, oversee, implement, monitor, surveil the market, and issue licenses to market participants. Those independent bodies perform functions of transparency and openness in the operation of the markets upholding the rules, procedures and the law including giving penalties and revoking licenses when necessary. The regulation rules and pressures of energy, gas, and electricity markets along with examples from various jurisdictions will be analyzed. The power of regulation in setting signals to the industry to achieve specific targets set by the government through energy policies will be presented.

This Energy Training Centre training course will highlight:

  • The basic concepts of the mature energy sector at-large, energy markets and the structure of the industry covering conventional energy related commodities such as gas, oil, electricity, and the emerging markets such as hydrogen.
  • The rationale about the rules and regulations of the electricity markets, and the electricity sector deregulation, market liberalization, market design and operation.
  • The legal framework of energy, gas, and electricity markets along with the structure of the industry with emphasis on the regulatory bodies and their responsibilities.
  • Methods of tariff design and the impact on customer expectations and revenue collection.
  • Different types of regulation and their impact on pricing and consumer expectations.

By the end of this Energy Market Tariff Design and Regulations training course, participants will be able to:

  • Understand the way energy markets operate with a focus on the electricity markets both wholesale and retail ones.
  • Discuss critically the advantages and disadvantages of different market designs.
  • Analyze the different market designs and operations for gas, electricity and energy at-large.
  • Explain the functions of various bodies and their authority to perform market regulations, market surveillance and investigations and the reason behind such function.
  • Understand the way tariffs are designed and the impact on the organisations bottom line.
  • Design pricing mechanisms and evaluate their impact on revenue and market competitiveness.

Participants to this Energy Market Tariff Design and Regulations training course will receive a thorough training on the subjects covered by the training course outline with the presenter utilizing a variety of proven adult learning, teaching, and facilitation techniques. Training course methodology of delivery includes the use of digital media, sourcing actual materials regarding specifications and performance of methods and specific industry players of the market. Actual market information and the latest market intelligence to achieve the understanding of the various concepts is the proven way for achieving excellence in learning and relevance and these are the guiding principles followed by the presented to deliver the course material.

A leading world class organization has access to talent that is continually seeking and gaining knowledge and such talent is ready to update their skills as expected. The energy sector is poised to continue to grow in the decades ahead. Such leading world class organization will enhance the skills and knowledge of its employees who spend their time performing tasks that are more relevant to the company’s goals after completing this course.

The organization will benefit from this training course through:

  • Having talented employees who have been exposed to the latest in energy and electricity market structures, tariff design and regulations.
  • Understanding the complexity of the behavior of the market actors, from the customer, stakeholder and player points of view, government response to sustainability.
  • Improving and justifying effectiveness of tariffs through appropriate design, implementation, and evaluation points of view.
  • Getting employees with the most advanced skills and tools which naturally propels the organization continually ahead maintaining its leading status.

Upon completion of this Energy Market Tariff Design and Regulations training course, the participants will be able to:

  • Access knowledge of the latest in market design, operation and tariff design and regulations.
  • Evaluate different design methods and operation of actors in the energy and electricity markets and comment on their effectiveness against certain usually complex criteria.
  • Gain confidence in selecting the most appropriate strategies for the market to increase the return on investment for a given market participation.
  • Develop a specific tariff for a product related to energy and electricity and evaluate its impact on the organization’s revenue.
  • Discuss the reasoning for regulation and the effectiveness of a given tariff design to the operation of the organization, impact on customer expectations and revenue.

This Energy Market Tariff Design and Regulations training course is designed for energy professionals, engineers or those with a background in economics and finance working in the fields of energy end electricity. Many energy and sustainability professionals can benefit from quickly adding knowledge related to the energy markets, tariff design and regulations to their portfolio of topics they master. Such advanced knowledge will enhance creative thinking and will improve problem solving skills. It will also expand the thinking space of the individuals and will expose them to a more holistic framework of operating in an ever more complex industry.

This training course is suitable for a wide range of professionals but will greatly benefit:

  • Engineering and technical professionals working in the power and energy sector.
  • Utility engineers and relevant utility department directors who are in charge with market related functions.
  • Market analysts and business development professionals with the task to identify market opportunities in the wide energy sector and electricity trading.
  • Finance professionals needed to understand how sustainability, the environment and the social impact of industry players impact the financial accounting and how reporting many indices associated with the sustainability performance of the organisation changes the way industry analysts and investors alike see the industry and make investment decisions.

Day One: Electricity Market Structures 

  • Introduction to electricity markets
  • Types of electricity markets
  • Electricity market structures
  • Time horizons of electricity markets
  • Wholesale and retail markets
  • Market design and forecasting

Day Two: Energy Landscape and Regulation 

  • Objectives and means of regulation.
  • Types of regulation, command and control, incentive based, market based, self-regulation.
  • Legislation, rules, and procedures
  • Gas, electricity, and energy markets
  • Wholesale and retail markets
  • Revenue and pricing principles, and regulation
  • Corporate licensing
  • Access rights to gas and electricity networks 

Day Three: Regulatory Authorities and Functions 

  • Regulatory framework and reforms
  • Energy regulator
  • Energy market commission
  • Energy market operator
  • Competition council, and tribunal
  • System of courts
  • Energy ombudsmen, and consumers
  • Energy regulation and sustainability

Day Four: Pricing

  • Elements of rates setting
  • Revenue requirements
  • Costs allocation
  • Overarching issues and frameworks for cost allocation
  • Frameworks for cost allocation
  • Technology and impact on cost allocation
  • Selecting appropriate costing methods
  • Billing and metering
  • Relationship between cost and rates

Day Five: Tariff Design 

  • Indicators of cost effectiveness of DSOs
  • Principles of tariff regulation
  • Revenue setting mechanism tariffs
  • Tariffs
  • Network development
  • Role of DSOs
  • Metering

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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