4th ERRA Training: Fundamentals of Water Utility Regulation

Energy Regulators Regional Association (ERRA) Water Utility Regulation

Target Audience

The course is available to practising water utility regulators and to non-regulators such as ministry and local government representatives, banking institutions, law and investment firms, consulting companies and regulated utility companies.

Description

This training program is ERRA’s unique educational event dedicated to the core responsibilities and activities of water utility regulatory authorities with regard to the oversight of the regulated utilities, principles and practices of tariff setting, performance benchmarking, and new developments in the regulation of the sector. During the course the following broad themes will be addressed:
• WATER UTILITY ECONOMICS
• PRINCIPLES AND INSTITUTIONS OF WATER UTILITY REGULATION
• TARIFF SETTING
• PERFORMANCE BENCHMARKING
• NEW DEVELOPMENTS AND EMERGING ISSUES IN WATER UTILITY REGULATION

Instructors of the course are a mix of utility regulators and researchers. The course is designed to assure the utmost transfer of practices and information from experienced regulators to course participants. This characteristic allows ERRA to design training courses that focus equally on practical application and theoretical methodology and include the transfer of relevant direct experience.

Learning Objectives

The course features 5 days dedicated to the core responsibilities and activities of water utility regulatory authorities with regard to the oversight of the regulated utilities, principles and practices of tariff setting, performance benchmarking, and new developments in the regulation of the sector.

Participants will gain knowledge on key economic concepts guiding the operation of the sector, the challenges faced by sector participants including the wider problems of water management, and the role of the regulator and regulatory models including best practices. A core theme of the course is tariff setting and approval by the regulator: theoretical lessons will be supplemented by case study examples and a tariff setting exercise. Sufficient time will also be dedicated to the role of performance benchmarking in regulation.