Market Monitoring activities of energy regulatory
The course features dedicated to core responsibilities of energy regulatory authorities / commissions with regard to a) monitoring the behaviour of individual licensees as well as the overall outcome of the behaviour of a group of companies and regulatory role in enforcing rules and potential regulatory tools in cases of detected non-compliance. The purpose of this course is to equip the students with skills on how to organize the monitoring procedure in order to set fair and reasonable prices; how to monitor service quality and environmental performance; how the electricity markets function and other important issues related to market monitoring.
Regulators’ roles and responsibilities in the process of developing effective markets is of critical importance. Abuse of market power along with the proper implementation of the legislation is one of the main issues that energy regulators have to closely monitor and supervise. Proper market monitoring is therefore a necessity in the context of electricity markets.