Electricity Market Regulations and Economic Regulatory Analysis

Understand and evaluate the impact of regulatory changes in the global power and utility sector

Attend this course to:

  • Review regulatory methodologies for the regulation of electricity industry to understand and influence the course of the market 
  • Assess the diverging objectives related to energy policy – from the economic and industrial over the social and environmental to the financial and regulatory objectives – to balance power relations and competing interest
  • Identify key drivers of change and their impact to prepare yourself for short term and multi period regulatory periods and determine the best investment opportunities
  • Analyse the price and tariff levels for distribution, transmission, and  generation companies to develop new business strategies 
  • Navigate through critical policy and regulatory issues to optimise your decision-making mechanisms and capacity planning processes

What is the programme about?

The African electricity sector is changing dramatically. Generators, vertically-integrated utilities as well as state and federal regulators alike are under pressure to re-define their roles and responsibilities to address key issues such as climate change, energy security and economic growth.
Understanding and evaluating the impact of regulatory changes and policy options on the power and utility sector is now vital to balance power relations and competing interest. Delegates of this programme will be equipped with the necessary insights to navigate through critical policy and regulatory issues and optimise decision-making mechanism and capacity planning processes.

Power industry professionals seeking to gain a strategic overview of the concepts and methodologies, alongside practical tips for improving their understanding of regulatory frameworks and their strategic planning including:

  • General Managers
  • Policy & Regulation Managers
  • Heads of Economic Regulation
  • Regulation Analysts
  • Programme Managers
  • Strategy Planners
  • Business Advisors
  • Commercial Managers
  • Project Planners
  • Portfolio Managers
  • Planning Managers
  • Policy Experts

Managers, advisors and experts in a range of organisations including:

  • Power generation, transmission and distribution companies
  • Governments, regulators and market operators
  • Industry associations
  • Consultancies


Registration: 9.00am

Start of day: 9.30am


Components of Economic Regulatory Analysis Licensing 

  • Tariff setting
  • Monitoring and review
  • Dispute resolution

Electricity Networks

  • Development and characteristics of electricity networks
  • Structure of network regulation and impacts on the industry
  • The interplay between regulator and the industry

The Interplay between Electricity Network Regulation and Competition

  • Opportunities and limitations of network regulations
  • Benefits and risks of competition
  • Interactions between regulations and the retail market and the consequences for the industry

Interactive workshop: Delegates will analyse the structures of the electricity markets in African and non-African countries to gain insights into different regulatory frameworks, their objectives and consequences to identify potential gaps and alternative concepts.

Defining and Assessing the Role and Responsibilities of Electricity Network Regulation

  • Benefits, and key principles of an independent economic regulator
  • The regulator as controlling instance in a competitive market
  • Setting and defining the frameworks for investment
  • Success factors for attracting the private sector

Harmonising Divergent Objectives

  • Economic and industrial objectives
  • Government social and environmental objectives PROGRAMME OVERVIEW
  • Balancing power relations and market interests

Interactive workshop: Delegates will assess the diverging policy objectives – from economic, social and environmental to financial and regulatory objectives

Network Regulation and Governance 

  • Regulation mechanisms and practices
  • Effectiveness of regulation – the realities between needs, demands and expectations
  • Representation of interests and interventions

Optimising Electricity Network Regulation

  • Demand forecast and modelling
  • Core network services and value-added solutions
  • Operational costs and revenue generation
  • Tariffs and pricing



Registration: 9.00am

Start of day: 9.30am


Review of regulatory methodologies for the Regulation of ESI

  • Rate of return regulation ~cost of supply plus regulation
  • Incentive forms of regulation ~price and revenue price controls
  • The Revenue Requirement determination components
  • Identifying key drivers for short term and multi period regulatory periods
  • Impact of best investment opportunities

Regulatory Policy vs Economic Incentives 

  • Fundamentals of incentive-based regulatory approaches
  • Designing and implementing incentive plans for suppliers and consumers
  • Who should share benefits from improved efficiency

Defining the Regulatory Process

  • Business Planning
  • Revenue Requirement (RR) determination
  • Converting the RR to Customer tariff classes, tariff levels, tariff structures
  • Minor and major review of control    
  • Management meetings for consolidation of risks
  • Stakeholder engagement and analysis
  • Board decision implementation

Regulating Rate-of-Returns and Pricing of Network Services

  • Advantages and disadvantages
  • Assessing and benchmarking operational expenses
  • Prices vs. revenue

Analysing the Price and Tariff Levels

  • DUoS tariffs
  • TUoS tariffs
  • Wholesale tariffs
  • Developing new business strategies

Consumer Engagement and Representation

  • Promoting the interests of current and future consumers
  • Consumer participation: strategies and patterns
  • Leveraging consumer energy data 

Post Regulation Analysis

  • Impact assessment of current regulatory systems on efficiency and sustainability of sector
  • Changes to reposition the utility organisation in the interplay between markets and regulation

Interactive workshop: Lessons learned: Review best and worst cases and their implications for the effective regulation of electricity networks.

Each day has two 15 minute refreshment breaks and one hour for lunch


Course Categories

Delivered by

Mtutuzeli has over 32 years’ experience in economic regulation, regulatory research and analysis,

Dates & Locations

This course is only available as a custom course tailored for your business, contact us to discuss your requirements.

Testimonials for our Courses

"The course was useful, it enhanced my understanding and knowledge regarding the different renewable energy technologies and processes to be  followed in executing a renewable energy project"