Managing New Power Markets and Regulation in Africa
Effectively manage new regulatory environments
REFORM THE POWER SECTOR
Learn best practice for economic regulation.
The Managing New Power Markets and Regulation in Africa course is offered by The Power Futures Lab, a leading centre of excellence at the UCT GSB, and is run in partnership with the African Forum of Utility Regulators and the Regional Electricity Regulators Association.
The course enables delegates to:
- contribute to the reform of the power sector and deliver sustainable, affordable services to everyone – while still accelerating economic growth
- focus on Africa's needs while learning international best practice in managing reform and the new regulatory environment.
*Payment Deadline: 09 October 2023
MANAGE POWER SYSTEMS EFFECTIVELY
Leaders, managers and professionals in infrastructure sectors around the world are facing new and complex challenges. New regulatory regimes are being put in place and reformed utilities need to deliver expanded and affordable services for the poor, while underpinning and supporting economic growth.
This specialised short course explores new research on the utility of the future, offers a thorough grounding in the fundamentals and practice of economic regulation and seeks new models to manage power systems effectively.
Additional Course Information
Daily Timetable
23 - 27 October
23 October
Power Market Reform
| Time | Content |
|---|---|
| 08h30 - 09h30 | African challenges & trends in powersector performance, reform & regulation |
| 10h00 - 11h00 | Power market models:International history of powersector reform |
| 11h30 - 12h30 | Power systems of the future |
| 13h30 - 14h30 | The energy transition |
| 14h30 - 15h30 | Evolution of European power markets: Challenges & Lessons for developing countries |
| 16h00 - 17h00 | Panel discussion: Implications for Africa |
| 17h00 - 19h00 | Private preparation |
| 19h00 - 22h00 | Own dinner arrangements |
24 October
Economic Regulation Fundamentals
| Time | Content |
|---|---|
| 08h30 - 09h30 | The rationale for regulation |
| 10h00 - 11h00 | Regulatory Objectives Economic vs financial sustainability |
| 11h30 - 12h30 | Overview of economic regulatory methodologies |
| 13h30 - 14h30 | Regulatory Methods: Traditional rate of return regulation, asset valuation, WACC |
| 14h30 - 15h30 | Cost of capital |
| 16h00 - 17h00 | Optional: Financial modelling Economic vs financial sustainability & investment |
| 17h00 - 19h00 | Private preparation |
| 19h00 - 22h00 | Course dinner function |
25 October
Tariffs
Designing efficient tariff structures & cross-subsidisation for the poor
| Time | Content |
|---|---|
| 08h30 - 09h30 | Designing efficient tariff structures & cross-subsidisation for the poor |
| 10h00 - 11h00 | Transmission access & pricing |
| 11h30 - 12h30 | Panel discussion: Practical application of multiyear tariff determination |
| 13h30 - 14h30 | Distributed Energy Resources tariff structure challenges |
| 14h30 - 15h30 | Optional: Financial modelling Tariff Structure |
| 16h00 - 17h00 | Afternoon at leisure |
| 17h00 - 19h00 | Private preparation |
| 19h00 - 22h00 | Own dinner arrangements |
26 October
Investment
| Time | Content |
|---|---|
| 08h30 - 09h30 | Integrated Resource Planning (IRP) |
| 10h00 - 11h00 | Success factors in attracting private investment in IPPs |
| 11h30 - 12h30 | Renewable energy auctions |
| 13h30 - 14h30 | Investments to facilitate renewable energy |
| 14h30 - 15h30 | Managing a Just Energy Transition |
| 16h00 - 17h00 | Movie: Power Trip |
| 17h00 - 19h00 | Private preparation |
| 19h00 - 22h00 | Own dinner arrangements |
27 October
Energy Access
| Time | Content |
|---|---|
| 08h30 - 09h30 | Regulating quality of electricity supply |
| 10h00 - 11h00 | Regulation for improved energy access |
| 11h30 - 12h30 | Beyond the Grid: Business models & regulatory challenges |
| 13h30 - 14h30 | Award of Certificates and Class Photos
FAREWELL LUNCH |
Course Subject Overview
- Power Market Reform
- Economic Regulation Fundamentals
- Tariffs
- Investment
- Energy Access
Preparation
- Pre-recorded videos & reading materials for the week are available on GSBOnline from 17 - 21 October
- Private preparation is vital to the success of this course
- We reccommend daily early morning and afternoon preparation session once the course starts
What our alumni say
LEARN WITH THE BEST
Our Internationally acclaimed researchers and teachers are all dedicated and gifted individuals who contribute directly to UCT GSB's reputation of excellence.
Course Convenor
Anton Eberhard is a Professor Emeritus and Senior Scholar at UCT where he leads the advisory board at the Power Futures Lab at the GSB.
Course Convenor
Dr Peter Twesigye leads research in Power Market Reforms and Regulation at the Power Futures Lab.
Client Liaison Officer
Tarryn is a seasoned sales & marketing professional with over 8 years of experience in the higher education short course industry.
TAKE THE FIRST STEP TODAY
Acquire new competencies and move your career to the next level!
Application Deadline: 2 October 2023
Payment Deadline: 9 October 2023
FAQ
You will benefit highly from this course if you are a:
- Board member
- Manager or senior professional in a utility, regulatory authority or government
- Professional in the power sector
Delegates on this course will gain an understanding of:
- Challenges in improving the performance of the power sector in Africa
- Global and African developments in power sector reform
- Economic and technical regulation of monopoly components of the sector
- Accelerating investment in competitive elements of the sector – IPPs
- Preparing for the future with the growth of variable RE and distributed resources
A number of case studies from Africa will be presented.
- African challenges and trends in power sector performance, reform and regulation
- Power market models
- International history of power sector reform
- Power systems of the future: Implications of variable renewable and distributed energy
ECONOMIC REGULATION FUNDAMENTALS
- The rationale for regulation
- Regulatory objectives
- Economic vs financial sustainability
- Overview of regulatory methodologies
- Regulatory Methods: Traditional cost-of-service regulation, asset valuation, WACC
TARIFFS
- Regulating quality of electricity supply: an example of incentive-based regulation
- A hybrid approach: Example of multi-year tariff determination
- Designing efficient tariff structures and cross-subsidisation for the poor
- Transmission access and pricing
INVESTMENT
- Success factors in attracting private investment in IPPs
- Integrated Resource Planning (IRP)
- Renewable energy auctions
IMPROVING ACCESS: GRID AND BEYOND
- New regulatory challenges in distributed and behind-the-meter generation
- Regulation for improved energy access
- Business models and regulatory challenges
The UCT Graduate School of Business takes pride in building future leaders and guiding the leaders of today toward sustainable impact in African business and society.
Our degree programmes and short courses deliver learning experiences that are personally transformative because better people make better leaders.
Our programmes are mostly offered at our vibrant Cape Town Breakwater Campus, at the heart of the city's most popular tourist attraction, the V&A Waterfront.
The campus is equipped with modern lecture theatres, a library and syndicate rooms for group study, as well as restaurants and the Protea Hotel Breakwater Lodge that offers special rates for students.
Find out more: https://www.gsb.uct.ac.za/student-experience
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