Course Outline
- Course Code: EG5
- Category: Energy
- Dates, Venues and Fees
Apr 27 - May 08 I Virginia | $6,980.00
Aug 31 – Sep 11 I Canada | $6,980
Nov 16 - Nov 27 | Maryland | $6,980 - Duration: Two Weeks
Course Overview
This course aims at proposing mechanisms and tools for assessing the potential impact of energy regulatory decisions and determining whether the decisions are likely to achieve the desired objectives and at what costs. It proposes techniques for analyzing the impacts of energy regulation and how to effectively and rigorously analyze and communicate the impacts of such regulation to relevant actors and stakeholders.
Who Should Attend?
This course will greatly benefit:
- Regulatory Professionals
- Officers and Executives from Utility Organizations
- Officers from the Ministries of Finance
- Utility Engineers
- Policy Makers and Analysts
Course Outcomes
- Effectively and rigorously analyze and communicate the impacts of regulations
- Appreciate the tools and approaches for regulatory Impact analysis
- Employ systematic approaches to appraising the potential impact of regulatory decisions and assess whether the decision is likely to achieve the desired objectives and at what costs
- Ability use appropriate analytical techniques and tools in identifying key questions and key stakeholders and engaging them in analyzing issues and communicating findings
Course Highlights
- Analyzing the potential impact of regulatory decision on various sectors of the economy
- The cost and benefit analysis of regulatory decisions
- Energy levies, pricing and policy
- The political and social considerations of energy subsidies
- Assessing the impact of alternative regulatory policies on different customer classes, incorporating alternative rate designs, conservation programs and, service quality improvements
- Controlling price distortions, product smuggling and other market failures using strategies such as levies and hedging and control of market externalities
- Weighing policy effects of energy taxes versus subsidies, economics and distributional effects, and macroeconomic effects
- Regulatory impacts analysis studies: assessing uncertainty, precautionary principle, option value and reverent analysis
- Developing strategies and systems for tracking results of regulatory
- Communicating impact of regulatory impact analysis to decisions makers and stakeholders, categorizing benefits, costs and associated risks.