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Monday, 23 August 2004 - Market Reform and Regulation

• Restructuring electricity, telecoms and water sectors: comparisons of typologies, drivers, and reform paths - Anton Eberhard / Marcia Wilson / Rolfe Eberhard
• Parallel Sessions: electricity / telecoms / water: understanding market reform and regulatory imperatives - Paul Sotkiewicz / Marcia Wilson
• Syndicate Groups: case study exercises in utility restructuring: market design and regulation - Electricity Exercise / Telecom Exercise
• The economic rationale for regulation: market failure and natural monopoly - James Hodge
• Understanding and using utilities' financial statements Cost of capital - Colin Firer
  
  Reading Materials
  
  - Water Services Reform and Regulation Initiatives in South Africa - John Langford, University of Melbourne
  - Regulating Telecommunications in Developing Countries - Policy Research Working Paper 1520, The World Bank
  - The Single-Buyer Model - View Point 22403, The World Bank
  - Considerations for the Design of Restructured Electricity Markets and Institutions - Paul Sotkiewicz, PURC
  - Regulation of the Electricity Sector in Latin America - R. Fisher and Pablo Serra, University of Chile
  - Figure 1: Determination of Minimum Cost Mix of Plants - R. Fisher and Pablo Serra, University of Chile
  - Regulatory Evolution, Market Design and Unit Commitment - Paul Sotkiewicz, PURC
  - Innovative Contracts, Sound Relationships: Urban Water Sector Reform in Senegal - Paper No. 1, The World Bank
  - Models of Aggregation for Water and Sanitation Provision - Final Report, ERM
  - Regulatory Trade-Offs in the Design of Concession Contracts - Claude Crampes and Antonio Estache
  - ESKOM Annual Financial Statements - Colin Firer, GSB/UCT
  

Tuesday, 24 August 2004 - Economic Regulation

• Cost of service, price-cap, revenue cap, benchmarking, etc. introduction and comparison - Paul Sotkiewicz
• Fundamentals of rate-of-return regulation - Anton Eberhard
• Practical applications of rate-of-return regulation - Larry Holloway
• Syndicate Groups: Choosing regulatory priorities - Case Study
• Designing price & revenue caps with performance based regulation - Paul Sotkiewicz
  
  Reading Materials
  
  - Regulation by Contract: A New Way to Privatize Electricity Distribution? - Paper No. 7, The World Bank
  - Reviews of Public Electricity Suppliers 1998 to 2000
  - Introduction to the Fundamentals of Incentive Regulation - Sanford Berg, PURC
  - Methods of Incentive Regulation: Applications to Electricity - Sanford Berg, PURC
  - Choosing Regulatory Priorities - Mark Jamison, PURC
  - Case Studies on Incentives in Electricity Regulation - Paul Sotkiewicz, PURC
  - Issues in the Design and Implementation ofPrice Cap Regulation - David Sappington, PURC
  - Hybrids and Options - David Sappington, PURC
  - How to Determine the X in RPI - X Regulation: A User's Guide - Jeffrey Bernstein and David Sappington
  - Report of ANEEL's Distribution Tariff Reform - Paul Sotkiewicz, PURC
  - Natural Gas Regulation: The Case of Argentina - Paul Sotkiewicz, PURC
  

Wednesday, 25 August 2004 - Economic Regulation

• Conducting a rate of return review: step-by-step example (Case Study from the Utility Rate School) - Larry Holloway
• Conducting a price review: A review of regulatory instruments and tools - Paul Noumba Um
• Working with hybrid systems: a case study exercise - Paul Sotkiewicz / Case Study Solution / Solution #1 / Solution #2 / Appendix / Wrap Up
• Parallel Sessions: Regulatory challenges in electricity / telecoms / water - Anton Eberhard / Paul Noumba Um / Rolfe Eberhard
  
  Reading Materials
  
  - An Introduction to Financial and Economic Modeling for Utility Regulators - Antonio Estache, Martin Rodriguez and Jose Maria Rodriguez
  - A Policy Note on Telecommunications Reforms in Algeria - Paul Noumba Um, The World Bank Institute
  - Pass Through of Power Purchase Costs - Paper No. 10, The World Bank
  

Thursday, 26 August 2004 - Pro Poor and Environmental Regulation

• Pricing fundamentals and design of tariff structures - Paul Sotkiewicz
• Pro-poor regulation: Targeted subsidies and output based aid to promote affordable access by the poor - Lorenzo Bertolini
• Policy, regulatory and financing instruments and institutions to widen access & environmental sustainability - Anton Eberhard / Paul Noumba / Rolfe Eberhard
• Technical and quality of supply issues in regulation: cross sector view - Larry Holloway
  
  Reading Materials
  
  - Rate Structure: Pricing Objectives and Options in Network Industries - Mark Jamison, PURC
  - Basics of Rate Design: Pricing Principles and Self-Selecting Two-Part Tariffs - Sanford Berg, PURC
  - Cross-Subsidies That Minimize Electricity Consumption Distortions - Paul Sotkiewicz, PURC
  - Regulating Quality Standards to Improve Access for the Poor - Private Sector Note No. 219, The World Bank
  - Designing Output-Based Subsidies for Water Consumption - Private Sector Note No. 232, The World Bank
  - Regulatory Policy to promoteRural Connectivity - Paul Noumba Um, The World Bank Institute
  - NARUC Service Quality White Paper(March 5, 2004)
  - Measurement Practices for Reliability and Power Quality - John Kueck et. al.

Friday, 27 August 2004 - The Regulatory Process

• Transparency / public participation / communication strategies / working with the media - Thomas Welch
• The politics of regulation - Jorry Mwenechanya
  
  Reading Materials
  
  - Designing an Independent Regulatory Commission - Sanford Berg, Ali Nawaz Memon and Rama Skelton
  - Do More Transparent Governments Govern Better? - Policy Research Working Paper 3077, The World Bank