The course Regulation of the Gas Sector offers you a unique opportunity to gain an insight into a constantly evolving field of great global significance. With the rise in energy demand and the energy transition, the regulation of the natural gas is a key area for ensuring a secure and efficient supply. This course will provide you with an in-depth understanding of the regulatory framework, the European and Spanish framework, as well as the technical and economic aspects of the sector. You will learn about regulatory developments and market structure, developing the skills needed to tackle future challenges. You will also explore trends such as renewable gases, placing you at the forefront of a sector with high demand for labour
Sector-specific
Energy
10 a.m.
Regulation of the Gas Sector
Energy
10 a.m.
Introduction
Objectives
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To analyse the technical and economic grounds of the gas system and its regulatory framework.
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To analyse the regulatory framework from the European to the national gas market.
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Assess the regulatory models which ensure the system’s safety and efficiency.
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Understanding how the liberalised gas market and price formation.
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Assess the future challenges and the role of natural gas in the energy transition.
Table of Contents
TEACHING UNIT 1. FUNDAMENTALS OF NATURAL GAS REGULATION
The need for regulation in the gas sector
Objectives and principles of the regulation
Basic regulatory models
TEACHING UNIT 2. THE EUROPEAN REGULATORY FRAMEWORK FOR NATURAL GAS
Historical development of European regulation
Principles of the European Single Market
European regulatory bodies
European market integration
Impact of European regulation
TEACHING UNIT 3. REGULATION OF THE NATURAL GAS SECTOR IN SPAIN
Institutional framework and regulatory bodies
Developments in the regulatory framework
Structure of the natural gas market
Economic regulation of the sector
A liberalised market and price formation
Security of supply and crisis management
Consumer protection and universal service
European integration and future challenges
TEACHING UNIT 4. TECHNICAL AND OPERATIONAL REGULATIONS
Regulation of natural gas quality
Regulation of odourisation
Network codes and operational regulations
Regulation of transport infrastructure
Regulation of distribution networks
Safety and maintenance regulations
Emissions control and environmental issues
TEACHING UNIT 5. ECONOMIC ASPECTS AND FUTURE TRENDS IN NATURAL GAS
Economic structure and price formation
Determinants of volatility
Technological revolution and economic transformation
Natural gas in the energy transition
New business models and competitive strategies
Circular economy and renewable gases
Forecasts and future scenarios
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