21st PURC/World Bank International Training Program on Utility Regulation and Strategy
Gainesville, Florida
8 January 2007- 19 January 2007
Hosted By: The Public Utility Research Center (PURC) at the University of Florida Warrington College of Business and the World Bank
This international training program is a collaboration between PURC and The World Bank, designed to enhance the economic, financial, and strategic skills of senior-level utility regulators and utility executives in the energy, telecommunications, and water sectors. It covers market structure reform and regulation of network industries, managing the introduction of competition, rate design and principles, and application of incentive regulation.
As part of the program, NERA Senior Consultant Amparo Nieto led a one-day training session covering the electricity ratemaking process and cost studies on 16 January 2007. Ms. Nieto discussed the key elements of energy tariff design, including issues in setting overall and class revenue requirements, marginal vs. embedded costs studies, efficient tariff structures, and demand response tools. The session included practical exercises of electricity tariff design under specific sets of regulatory goals.
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