Open Programmes Petroleum, Oil, Gas and Energy
EFFECTIVE ENERGY REGULATION AND MONITORING

Professional development in energy regulation requires a working knowledge of regulatory economics, good understanding of policy impacts and the ability to navigate regulatory procedure in the energy sector. Among others it requires effective agency management of the legal and organizational processes necessary for adequate process protection in regulatory activities. This programme provides basic technical, economic, and legal regulatory skills required to design and manage successful regulatory and monitoring systems in the energy industry.

Programme Objective

Participant will be able to:
1. Understand the concept of regulation in the Oil and Gas sector
2. Explore up-to-date issues of regulation in developing a competitive industry environment
3. Identify the major bodies involved in the regulation and monitoring in the energy sector
4. Understand the basic methods of regulation
5. Recognize the new issues raised by the need to develop sustainable energy

Programme Modules

1. Introduction to Energy Regulation and Monitoring
2. Key Concepts in Licensing and Regulatory Compliance
3. Global Trends in Energy Markets
4. Competition and Regulation in Energy Sector
5. Renewable Energy and Security of Supply
6. Economics of Competitive Markets
7. Market Monitoring in Practice
8. Monitoring and Customer Protection
9. Tariff Setting and Price Regulation
10. Market Power and Its Detection

Programme Outcomes

At the end of the programme participants will be able to:
1. Develop an understanding of regulation
2. Understand the role of regulation in a market system
3. Identify and recognize the different ways to regulate energy
4. Recognize the different bodies that can be involved in the regulation of energy
5. Appreciate some of the basic issues that sustainable energy can raise in relation to regulation

Target Participants

First line managers in the Energy Sector, Legal, Licensing and Compliance Officers, Economists, Researchers and Strategic Analysts, Statisticians, Auditors (internal and External), HR Managers, Customer Service Managers, Managers in Engineering, Planning and Monitoring, ICT Experts and professionals in the Oil, Gas and Energy Sectors