Managing New Power Markets and Regulation in Africa
Effectively manage new regulatory environments
Course Overview
The Managing New Power Markets & Regulation short course at the GSB seeks to give managers and leaders working in this critical sector the ability to contribute to the reform of the power sector and deliver sustainable, affordable services to everyone while accelerating economic growth. It places emphasis on Africa’s needs and economic regulation, and it exposes participants to the frontiers of international experience.
This unique course is offered by The Power Futures Lab, a leading centre of excellence at the UCT GSB.
What you will walk away with
- Understanding the challenges of improving the performance of the power sector in Africa
- Deep insight into the global and African developments in power sector reform
- Understanding the economic and technical regulation of monopoly components of the sector
- Knowing how to accelerate investment in competitive elements of the sector – IPPs
- Preparing for the future with the growth of variable RE and distributed resources
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MODULE BREAKDOWN
Curriculum Overview
Power Market Reforms and the Future
- Contextualize the enduring power sector challenges in Africa and key trends shaping the future of the sector.
- Be exposed to new power market design principles, operations, and mechanisms, as well as case studies of power markets in developed and developing country contexts, as power sectors transition from the single buyer model to wholesale competitive market models.
- Further learning is about the initiatives to design power systems of the future and their implications for the integration of variable renewable energy, and link these to the experience of European power markets
Economic Regulation Fundamentals
- Be introduced to the basic principles and concepts of economic regulation, including the rationale for regulation, regulatory objectives, and regulatory methods including, Rate of Return regulation - asset valuation, depreciation, and cost of capital (WACC).
Regulation: Tariff Design & Principles
- Tariff design and principles including key considerations for pro-poor tariff setting.
- Explore Transmission access and pricing, Multi-Year Price Determinations case studies via a Panel discussion, and Distributed Energy Resources (DER) tariff structure challenges.
- A simulation financial model for the design of an efficient tariff structure
Investments & System Operation:
- Integrated Resource Plan, JET, RE Auctions, Networks Investments RE Integration
- Explore the questions How do we plan for investment and how do we finance, procure and contract the needed infrastructure?
- Mechanisms to balance the grid and pertinent considerations, as well as provide a well-grounded understanding of grid operation in renewable heavy systems.
Technical Regulation, Access and Distributed Energy Generation
- Taking a step back to try and make sense of the broader energy transition with a focus on distributed energy generation and energy access – beyond the grid business models.
- Topics include technical regulation of the quality of electricity supply, expanding grid access; and emerging policy and regulatory solutions for mini-grid and off-grid electrification in Africa.
Minimum Requirements:
- NQF 4
- English proficiency
Who should apply:
- Managers
- Senior professionals and advisors in utilities
- Utility board members
- Professional in the power sector
- Regulatory authorities
- Government
What our alumni say
LEARN WITH THE BEST
Our Internationally acclaimed researchers and teachers are all dedicated and gifted individuals who contribute directly to UCT GSB's reputation of excellence.
Course Convenor
Anton Eberhard is a Professor Emeritus and Senior Scholar at UCT where he leads the advisory board at the Power Futures Lab at the GSB.
Course Convenor
Dr Twesigye is the Senior Lecturer and Research Lead: Power Market Reforms and Regulation in the Power Futures Lab.
Client Liaison Officer
Tarryn is a seasoned sales & marketing professional with over 8 years of experience in the higher education short course industry.
TAKE THE FIRST STEP TODAY
Acquire new competencies and move your career to the next level!
Application Deadline: 2 October 2023
Payment Deadline: 9 October 2023
FAQ
- 15% for 3 - 6 applicants (bulk discount applied from third applicant)
- 10% for 7+ applicants (bulk discount applied to all applicants)
- 10% for alumni of UCT GSB academic and Executive Education courses
The UCT GSB's Breakwater Campus is situated in the heart of Cape Town's most popular tourist attraction, the Victoria and Alfred Waterfront. Centrally located and easily accessed, the UCT GSB is just 1.5km away from the central business district and 20 minutes from Cape Town International Airport.
As an added benefit to studying at the UCT GSB, you'll be situated in one of the most beautiful cities in the world.
Certificate of completion
Flights & accommodation costs are not included.
The course is a non-credit-bearing course delivered at the equivalent of an NQF 8 postgraduate level of study.
The course is accredited through UCT, which is a registered public higher education institution with the Council on Higher Education (CHE). Each programme is accredited through an internal UCT quality assurance process, as delegated by the CHE, ensuring the excellent quality of our offering.
In short, this course does not refer to NQF levels.
Ideas Exchange
5 Future Power Trends for South Africa and the World
In a recent interview with Liz Clark of the Daily Maverick, emeritus professor in the Power Futures Lab at the UCT GSB, outlined a clear and viable path forward for South Africa’s energy transition by highlighting five key trends shaping the future of energy in South Africa and beyond. Between a balanced power supply mix to the burgeoning potential of private investment, the future could look bright of the right decisions are taken at the right time.
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