Course Programme. Organized by the Energy Regulators Regional Association (ERRA)

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1 Course Programme Training Course: Market Monitoring Activities of the Energy Regulatory Commissions July 22-25, 2013 Budapest, Hungary Organized by the Energy Regulators Regional Association (ERRA) ERRA reserves the right to change the published agenda at any time during the organisation and implementation of the programme.

2 Monday, July 22, Economics of competitive markets 8:20 8:30 Registration Participants 8:30 9:00 Opening Address and introduction of participants Péter Kaderják, Course Director; Director, Regional Centre for Energy Policy Research (REKK) Gábor Szörényi, ERRA General Secretary, Former Regulator 9:00 10:30 From regulated to competitive and integrated Péter Kaderják, Course Director, REKK electricity markets 10:30 10:45 Coffee break 10:45 12:00 The Economics of Competitive Markets Péter Kaderják, Course Director, REKK 13:30 15:15 Exercise I: Competitive Market Simulation Game Moderator: László Szabó, REKK 15:15 15:30 Coffee break 15:30 16:30 Group Work: Introducing the off-class teamwork assignment for the week 1 Moderator: Péter Kaderják, Course Director, REKK 19:00 Group dinner The exercise will last during the entire period of the Training Course: Participants will be grouped and requested to work on the exercise throughout the week. The Group will present their results on July 25. 2

3 Tuesday, July 23, 2013 Market power and its detection 8:30-10:00 Market power in electricity generation and transmission Péter Kaderják, Course Director, REKK 10:00-10:30 Coffee break 10:30-12:00 Exercise II. Market power measurement, tools for detecting market power Moderator: Adrienn Selei, Researcher, REKK 13:30-14:45 Case analysis: The California power crisis László Szabó, Senior Researcher, REKK 14:45-15:00 Coffee break 15:00-16:00 Exercise III. Market power simulation game Moderator: Péter Kotek, Researcher, REKK 3

4 Wednesday, July 24, 2013 Market Monitoring in Practice 1 8:30 10:00 REMIT: the EU Regulation for Energy Market Integrity and Transparency. The legal framework; data collection and analysis concept 10:00-10:30 Coffee break Ross MacDonald, BA (hons) MSc, Economics Department, Energie-Control Austria 10:30-12:00 Case study: The practice of electricity market monitoring in The Netherlands 13:30 15:00 Analysis of Significant Market Power by the Regulator. The case of Hungary Lisette de Boer, Senior enforcement official Netherlands Consumers Authority, The Netherlands Lajos Kerekes, Senior Researcher and Former Regulator, REKK 15:00 15:15 Coffee break 15:15-16:15 Monitoring of the renewable market (cost analysis of different renewable technologies) Attila Bagi, Hungarian Energy and Public Utility Regulatory Authority (HEPA), Hungary 17:00 Social program: walking sightseeing tour (in case of min. 10 participants) 4

5 Thursday, July 25, Market Monitoring in Practice 2 8:30 10:00 Ancillary services market monitoring: the case of the system operator of Hungary 10:00-10:30 Coffee break 10:30-12:00 What to monitor on the developing markets? South East European Electricity Market Monitoring Project. Adrienn Selei, Researcher, REKK Nenad Stefanovic, Senior Expert for Electricity, Energy Agency of the Republic of Serbia (AERS), Serbia 13:30 14:30 Final Test Course Participants 14:30 15:00 Introduction of Final Group Presentations Course Participants 15:00 15:15 Coffee break 15:15 15:30 Evaluation and Farewell Péter Kaderják, Course Director; Director, Regional Centre for Energy Policy Research (REKK) 5

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