Training Program on

Public Private Partnership in Energy Sector;

Regulatory, Financial, and Economic Considerations

Brief Description

PURPOSE

The objective of this course is to provide public officials from Ethiopia, Kenya, Tanzania and USAID with the knowledge and tools required to evaluate and regulate private sector participation in the power sector. Private participation is a key component in USAID’s Power Africa initiative.

To achieve this objective, the designers of the course have combined the most relevant topics on market regulation and reform, investment appraisal, stakeholder impact analysis, and risk management. The resulting curriculum is an innovative blend of applied skills and best practices for building a sustainable and efficient energy sector.

SPONSORS

·  United States Agency for International Development (USAID)

·  USAID Learning Evaluation and Analysis Project (LEAP) Contract (Contractor - Optimal Solutions Group and Cambridge Resources International)

·  Kenya School of Government (KSG)

VENUE & DATES

The program will be offered from March 31 to April 26, 2014 at the Kenya School of Government (KSG) located in Lower Kabete, Nairobi

KSG offers premium training facilities and accommodation for such training programs, where the participants are provided with accommodation at the training venue for this period. KSG was also the host and the co-sponsor for the 2013 USAID program on Investment Appraisal and Risk Analysis. For more information about the venue please visit: (http://www.nairobi.ksg.ac.ke).

FACILITATORS

Cambridge Resources International (CRI) has been active in the area of project evaluation, public policy and their application to the electricity sector for more than two decades. CRI associates have directed some of the most well-known training programs in this field including the program on Investment Appraisal and Management at Harvard University (1985 - 2000), the program on Investment Appraisal and Risk Analysis at Queen’s University, Canada (2000 - current), and many courses designed for governments and international organizations in Africa, Asia, and Latin America. Over the past 6 years CRI associates have completed the appraisal of more than 300 investment projects in Africa.

REQUIREMENTS

Participants are invited from regulatory authorities, investment and planning units, utility operators, and other related public entities from Kenya, Ethiopia, and Tanzania. Basic knowledge of computer operation (Word and Excel) are sufficient to participate in the course. It is recommended that participants bring their own personal computers as the course includes many practical sessions.

COURSE OBJECTIVES

Participants are expected to achieve the following learning objectives upon successful completion of this program:

●  Direct private investment initiatives to achieve desired outcomes under various regulatory regimes

●  Identify and address the challenges faced by regulators in the power sector

●  Benchmarking and assessing the performance of different regulatory regimes

●  Identify the necessary measures for designing successful reforms in power markets

●  Designing pro-poor policies in the context of power sector reforms

●  Evaluate the impacts of international trade in the power sector

●  Evaluate the financial and economic viability of investment projects in the power sector under different regulatory environments

●  Evaluate the gender impacts and sustainable development achievements of power projects and regulatory policies

●  Address environmental challenges facing the power sector

●  Optimise contractual agreements for private participation in the power sector

●  Analyze and mitigate the risks borne by different stakeholders

●  Address the challenges faced by investors in securing financing for power projects

●  Design effective policies for investment in renewable sources of power generation and their integration in existing electricity systems

METHODOLOGY

An important aspect that distinguishes this training from many other training courses is its emphasis on detailed, interactive case studies. This emphasis on applied work empowers the participants to apply the acquired skill to their on-going projects upon successful completion of the course.

KEY FACULTY MEMBERS

Glenn Jenkins

Dr. Jenkins is Professor of Economics at Queen’s University, Canada and an Institute Fellow Emeritus of Harvard University. His professional specialization is in the area of investment appraisal and the structuring of Public Private Partnerships. He has worked in the field of electricity economics for over 30 years with extensive experience with this sector in Africa. For six years he was the Project Director of the Investment Appraisal and Modeling Team at the African Development Bank. He has authored 16 books and over 200 professional articles.

John Wehner

Mr. Wehner was Principal Financial Analyst Florida Light and Power and Finance Head of NextEra Energy’s Portfolio Management Group. NEE was named No. 1 among electric and gas utilities on Fortune magazine’s 2013 list of the “World’s Most Admired Companies.” Mr. Wehner areas of focus include electricity demand modeling, tariff modeling, foreign exchange hedging strategies and valuation of peak and base load for merchant power generation investments. He has had extensive experience in the analysis of electricity regulatory issues and how alternative regulatory regimes affect consumer and producer behaviour.

Jorry M. Mwenechanya

Dr. Mwenechanya is the Senior Partner of Mclink Consulting Services Lusaka Zambia. He has had extensive experience as the head of the electricity regulatory authority of Zambia. He worked on the development of the Book of Knowledge on PPI for the World Bank. Dr. Mwenchanya has been engaged in the appraisal of electricity supply investments for Zesco Limited, the electric utility of Zambia and has been a course director for training programs offered by the National Association of Regulatory Utility Commissioners of the USA.

Sener Salci

Mr. Salci is an economist that has specialized on the study of energy, environment and electricity issues. His research and teaching has included electricity economics, environmental economics, financial and economic analysis of electricity projects, renewable energy policies and regulations, and dynamic electricity pricing. He has taught courses in South Africa, Azerbaijan, Saudi Arabia, Cyprus, and Canada and carried out research on renewable energy projects in Cape Verde, Cyprus and Canada.

Bahman Kashi

Mr. Kashi specializes in reform and regulation of energy markets, and the economic and stakeholder analysis of investment projects. He has working experience in Nigeria, Rwanda, Kenya, South Africa, Canada, and Cyprus. His area of focus is on private participation in power sector in developing countries, particularly in Sub-Saharan Africa.

Gift Khozapi

Ms. Khozapi has extensive experience in project appraisal, financial modeling, project finance, private equity funds, and risk analysis of energy related projects in Africa. For five years she has been a member of the Investment Appraisal and Modelling Team in the Private Sector Department of the African Development Bank. During this time she has been an advisor to several electricity generation projects in Africa both renewable as well as thermal.

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