Background & Purpose
Agora Think Tanks will host a three-day market design training programme to empower participants to better engage in policy debates around electricity market reforms in Asia. We will explore how well-crafted market designs and regulations are essential for achieving tangible transition goals, such as accelerating the adoption of renewables, ensuring flexible power systems, and maintaining affordable energy for consumers. With this programme, we will provide you with the practical tools to assess when, what and how to implement reforms that facilitate a transition to a renewables-based energy system.
The programme is designed for mid-career staff working on energy transition issues and who have a particular interest in the conditions for cost-effective renewable phase-ins and fossil fuel phaseouts.
Coal and gas power plants continue to dominate electricity generation in power systems across Asia but a shift is underway. System planners and policymakers are ratcheting up the speed at which renewables are deployed, altering the electricity supply mix in pursuit of their governments’ climate and energy security targets. With renewables starting to overtake fossil fuel in capacity additions, the market structures, regulations and policies that have guided power system expansion over the past decades will need to be revisited.
Across Asia, single-buyer systems have long served as the foundation of electricity markets, originally designed for fossil fuel powered systems to efficiently channel private investment and ease government spending. As the energy transition progresses, it is essential to understand the various market designs available and how these operate to support increased renewable energy deployment, maintain grid flexibility, attract investments in new infrastructure, and ensure affordable electricity for electricity consumers.
In this three-day training programme, you will get familiar with the role of electricity market designs in achieving desirable outcomes and discuss the market and policy solutions for cost efficient, decarbonized power systems.
The programme is designed for mid-career staff working on energy transition issues and who have a particular interest in the conditions for cost-effective renewable phase-ins and fossil fuel phaseouts.
Coal and gas power plants continue to dominate electricity generation in power systems across Asia but a shift is underway. System planners and policymakers are ratcheting up the speed at which renewables are deployed, altering the electricity supply mix in pursuit of their governments’ climate and energy security targets. With renewables starting to overtake fossil fuel in capacity additions, the market structures, regulations and policies that have guided power system expansion over the past decades will need to be revisited.
Across Asia, single-buyer systems have long served as the foundation of electricity markets, originally designed for fossil fuel powered systems to efficiently channel private investment and ease government spending. As the energy transition progresses, it is essential to understand the various market designs available and how these operate to support increased renewable energy deployment, maintain grid flexibility, attract investments in new infrastructure, and ensure affordable electricity for electricity consumers.
In this three-day training programme, you will get familiar with the role of electricity market designs in achieving desirable outcomes and discuss the market and policy solutions for cost efficient, decarbonized power systems.