Freedom with limits: markets & regulations
- Table of Contents
Upon successful completion of this gas training the participant will understand:
- The main drivers for market regulation, its envisioned benefits and its results so far.
- Core processes within a regulated gas market, including nomination, balancing, allocation, capacity and commodity markets.
- Principle workings and details of several market regulation models.
- Scenarios for business and regulatory developments to identify potential market changes.
- Roles, behavior - and sometimes conflicting - aims of market players, including incumbents, new entrants and regulators.
- Contemporary thought on security of supply and its potential conflict with market privatization.
The Gas Market Regulation Course is one of three separate, though mutually linked Master programmes, that can also be joined on a stand-alone basis. The three Master programmes can be concluded by a Summer Academy and a Thesis project. After completion, you will obtain the title of Executive Master of Gas Business Management.
At whom is the Gas Market Regulation course targeted?
You are a manager or a senior professional who works in the gas industry or a related field. You are involved in making strategic decisions concerning global gas market regulation developments. You have relevant work experience in a management or staff position, in which you deal with issues related to market privatization and/or regulation. You have mastered the key concepts of economics and business administration, you possess an academic standard both in theory and in practice. You are also able to translate theoretical knowledge into pro-active behaviour and have a good command of the English language.
Having a team spirit also helps.
We have already welcomed participants from a.o. RWE, Gazprom, N.V. Nederlandse Gasunie, TNK BP and Wintershall.
Which topics are addressed during this course?
The Gas Market Regulation Course (GMRC) deals with the following main topics:
- Issues concerning gas market opening: timing, the need for changes in business processes, new players and the changing role of existing players.
- New gas market structure formation: unbundling transportation and sales activities, conditions for grid & storage access and ownership issues (private versus public).
- The role and intensity of regulation: public service obligations and consumer protection.
- Requirements for setting up a competitive market.
- Prices in a liberalized market, the role of spot markets and a scope for arbitrage & speculation.
- The impact of gas market privatization on security of supply and the investment climate.
Click here for a detailed concept programme
Which experts do you get a chance to exchange views with during this course?
Key lecturers of the GMRC are Mr Bart Dubbelboer of Logica and Prof. Dr. Catrinus Jepma of the Energy Delta Institute, University of Groningen. To achieve a perfect balance between practical experience and scientific knowledge, they will be supported by a carefully selected group of speakers from the industry, universities and governmental organisations, such as DSM Energy, American Gas Association, Logica CMG, Endex, Clingendael International Energy Programme, RWE Supply and Trading, NV Nederlandse Gasunie and University of Groningen.
Start
Part 1: 18 – 22 October 2010 (Groningen, The Netherlands)
Part 2: 15 – 19 November 2010 (Brussels, Belgium)
Two weeks - two locations
The GMRC is split into two sessions of one week. The first session will be in the Netherlands, at EDI’s headquarters. The second session will usually be held in Brussels, Belgium - in the heart of the European regulatory body. Not only will the participant meet some of the world’s top gas experts, he or she will also be in the unique position to look behind the scenes of the European policy-making world.
Investment
- Course fee: € 10.800,- (accommodation costs excluded)
- Examination fee: € 1.500
Application procedure
To register for this course, please fill in the application form and send it back to us by fax or email.
How did others evaluate the course?
“I took this course as part of EDI’s full executive Master of Gas Business Management programme. Did I find the course useful? Absolutely. It gave me a well-structured overall picture of the specific peculiarities of the various regulatory approaches in the EU market. Because of my job, I was already familiar with the topics that were discussed in the course, but these were only pieces of a larger puzzle. The Gas Market Regulation Course completes the whole puzzle. One thing I would like to emphasize is the quality of the lecturers. Many of them are top-level practical experts who know what they are talking about from experience. Most of my fellow-students were also working in the gas business. This gave me the opportunity to exchange views and to talk to colleagues from everywhere in the gas market chain in the different countries of the EU. I even picked up useful information about market liberalization in Russia. The programme really broadened my horizon!”
Kiril Polous, Gazprom, Moscow, Russia
Download your application form here.
