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Fundamentals of Economic Gas Regulation

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Foundations of Gas Market Regulation
    3
    • 1.1
      Objectives, functions, and scope of economic regulation.
    • 1.2
      Gas market structures: monopoly, competition, and hybrid models.
    • 1.3
      Roles of regulators, utilities, operators, and government.
  • Module 2: Pricing Principles & Cost of Service Regulation
    3
    • 2.1
      Allowed revenue models and cost-of-service methodologies.
    • 2.2
      Capital expenditure, operating costs, and rate-base components.
    • 2.3
      Return on investment, depreciation, and efficiency considerations.
  • Module 3: Tariff Design & Economic Pricing Methods
    3
    • 3.1
      Tariff-setting approaches: volumetric, capacity-based, and hybrid structures
    • 3.2
      Marginal-cost pricing, incentive mechanisms, and affordability considerations.
    • 3.3
      Impact of tariffs on consumers, utilities, and market competitiveness.
  • Module 4: Performance-Based & Incentive Regulation
    3
    • 4.1
      Price-cap and revenue-cap models.
    • 4.2
      Benchmarking, productivity factors, and efficiency incentives.
    • 4.3
      Monitoring compliance and adjusting regulatory frameworks.
  • Module 5: Regulatory Challenges & Future Market Dynamics
    3
    • 5.1
      Gas market liberalisation and unbundling trends.
    • 5.2
      Integrating LNG, renewables, and hydrogen into regulatory systems.
    • 5.3
      Ensuring reliability, sustainability, and long-term investment stability.
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