Online Learning: Courses

Regulation in Competitive Energy Markets

Length: 30 minutes
Subscription: 1 month - 12 months
Cost: $69 - $89
Prerequisites: None
This course introduces how regulation affects competitive energy markets. This module is also included in the Energy Regulation Fundamentals learning path.

What you will learn

  • The definition of a competitive energy market
  • Typical market structures for competitive natural gas and electricity markets
  • Why competitive markets require regulation
  • The characteristics of well-functioning competitive energy markets
  • Who regulates which aspects of competitive markets
  • How competitive market participants are regulated to ensure markets are well-functioning
 

Following is a more detailed outline of content contained in the Basic Concepts of Natural Gas and Electricity Regulation online course.

Course content:

  • What are competitive markets
  • Unbundling supply from delivery
    • Gas supply
    • Gas delivery
    • Electric supply
    • Electric delivery
  • Why regulation is needed in competitive markets
  • Features of a viable competitive market
    • Market liquidity
    • Lack of market power
    • Information transparency
    • Open access
    • Fair cost allocation
    • Safety and reliability oversight
    • Consumer protection
    • Provider of last resort
  • Who regulates competitive markets
    • FERC and what it oversees
    • State commissions and what they oversee

Contact us at 866-765-5432 or e-mail for more information.

Need CPE credits for this course? Click here.

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