ERRA Training Course: Principles of Electricity Markets. November 23-27, 2015 ǀ Budapest, Hungary COURSE PROGRAMME
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1 ERRA Training Course: Principles of Electricity Markets November 23-27, 2015 ǀ Budapest, Hungary COURSE PROGRAMME Organized by: Energy Regulators Regional Association (ERRA) Professional content of the course is facilitated by: Regional Centre for Energy Course Venue: European Youth Centre Budapest (EYCB) Zivatar u. 1-3., H-1024 Budapest Tel.: (36 1) ǀ Fax (36 1) ǀ Web: ERRA reserves the right to change the published agenda at any time during the organisation and implementation of the programme.
2 2 MONDAY, NOVEMBER 23 ECONOMICS OF COMPETITIVE MARKETS 8:30 9:00 Opening Address and Introduction of Participants 09:00 10:30 Introduction: From regulated to liberalized markets in electricity; Course outline and main messages 10:30 10:45 Coffee break 10:45 12:15 The Economics of competitive markets Adrienn Selei, Regional Center for Energy Policy Research 12:15 13:30 Lunch break 13:30 15:00 Exercise I: Competitive market simulation game Moderator: Péter Kotek, Regional Center for Energy Policy Research 15:00 15:30 Coffee break 15:30 16:30 Group Work: Introducing the off-class teamwork assignment for the week* *The Group Assignment: Participants will be grouped and requested to work on the exercise after the classes. Moderator: László Szabó, Course Director; Regional Center for Energy
3 3 TUESDAY, NOVEMBER 24 DEMAND AND SUPPLY OF ELECTRICITY 9:00 10:30 Electricity supply: Cost structure and decision making in plant operation and investment Csaba Kiss, Managing Director, Alstrom Power, Hungary 10:30 10:45 Coffee break 10:45 12:15 Exercise II: Investment Game Moderator: Péter Kotek, Regional Center for Energy Policy Research 12:15 13:30 Lunch break 13:30 15:00 Electricity demand: Usage, profiling and demand response 15:00 15:15 Coffee break 15:15 17:00 Renewable energy related regulatory issues
4 4 WEDNESDAY, NOVEMBER 25 NETWORK ISSUES 9:00 10:30 Technical features of transmission and distribution; Network losses; Congestion management; Interconnectors Slobodan Markovic, Head of Team for Consulting and Power Quality, Electricity Coordinationg Center, Serbia and Zoran Vujasinovic, Head of Team for Consulting and Power Quality, Electricity Coordinationg Center, Serbia 10:30 10:45 Coffee break 10:45 12:15 Regulation of electricity networks access rules and pricing Péter Kaderják, Regional Center for Energy Policy Research 12:15 13:30 Lunch break 13:30 15:00 Transformation of the electricity sector: a case study of Hungary Péter Kaderják, Regional Center for Energy Policy Research 15:00 17:30 Visit to MAVIR; Functions, tasks and practical operation of the system operator in a liberalized market 17:30 Social Programme
5 5 THURSDAY, NOVEMBER 26 WHOLESALE AND RETAIL MARKETS 9:00 11:00 Wholesale market models: Integrated vs. decentralized markets; Ibrahim Etem Erten, Head of the Organized Wholesale Electricity Market Group, EMRA, Turkey 11:00 11:15 Coffee break 11:15 12:30 Retail market operation in the electricity sector Lajos Kerekes, Regional Center for Energy Policy Research 12:30 13:30 Lunch break 13:30 15:00 The role of traders and exchanges; Price evolution and price spikes; Risk management; Spot (day-ahead, real time) and forward markets Zsolt Bertalan, CEO, HUPX Ltd., Hungary 15:00 15:30 Coffee break 15:30 16:30 Hot topics in electricity markets regulation Round table discussion based on case studies by participants Selected participants László Szabó
6 6 FRIDAY, NOVEMBER 27 MARKET POWER 8:30 10:15 Cross border arrangements and Market Integration Leonardo Meeus, Associate Professor & Director Energy Centre, Vrelick, Belgium 10:15 10:30 Coffee break 10:30 11:45 Market Power in electricity generation and transmission Diana Korsakaite, former Chair of National Commission for Energy Control and Prices of Lithuania 11:45 12:30 Final Test Participants 12:30 13:30 Lunch break Participants 13:30 15:30 Group Work: Presentations of teamwork assignments Moderator: László Szabó, Course Director; Regional Center for Energy 15:30 16:00 Course Evaluation Group Photo Signing ERRA Alumni Book Final Comments and Farewell
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