An Interactive 5-Day Training Course
Financial Modelling & Tariff Setting for Utility Sector
Forecasting Models of Electricity Prices
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| Date | Venue | Fees | |
|---|---|---|---|
| 23 - 27 Mar 2026 | Dubai - UAE | $ 5,950 | |
| 15 - 19 Jun 2026 | Dubai - UAE | $ 5,950 | |
| 24 - 28 Aug 2026 | Dubai - UAE | $ 5,950 | |
| 05 - 09 Oct 2026 | London - UK | $ 5,950 | |
| 16 - 20 Nov 2026 | Dubai - UAE | $ 5,950 | |
| 22 - 26 Mar 2027 | Dubai - UAE | $ 5,950 | |
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Online Schedule
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| Date | Venue | Fees | |
| 15 - 19 Jun 2026 | Online | $ 3,950 | |
Electricity markets are structurally different to other commodities, and the real-time dynamic balancing of the electricity network involves many external factors. Because of this, it is not a simple matter to transfer conventional models of financial time series analysis to wholesale electricity prices. Its unique features are not observed in other markets, such as weekly and daily seasonality’s, on-peak vs off-peak hours, price spikes, etc. The fact that electricity is not easily storable and the requirement to meet the demand always makes forecasting techniques challenging.
This GLOMACS Financial Modelling & Tariff Setting for Utility Sector training course presents the current state-of-the-art electricity price and financial forecasting methods, including statistical time series analysis, equilibrium models, and portfolio methods. It is designed to help delegates build their own utility tariff setting model from scratch and engage in simulation cases to acquire the best practices in modelling revenue requirements.
By the end of this Financial Modelling & Tariff Setting for Utility Sector training course, the participants will be able to:
The delegates on this training course will receive thorough training on the subjects utilising a variety of proven adult learning teaching and facilitation techniques include the following:
Professionals in the power sector need specialised skills, particularly financial modelling for tariff setting, which is a core skill set lacking in the municipal and utility space.
The organisation will gain a broader range of benefits that participants gain and apply to benefit their organisations.
The course will see delegates build their financial model for “utility tariff setting”, with the constituent parts (regulatory asset base, the weighted average cost of capital, energy/input costs etc.) unpacked and developed in detail throughout the week.
By attending this Financial Modelling & Tariff Setting for Utility Sector training course, the delegates will acquire the following skills and competencies:
This GLOMACS Financial Modelling & Tariff Setting for Utility Sector training course provides managers, senior professionals and advisors in utilities, regulatory authorities and government the skills needed to set tariffs in a regulated context. The training course is suitable to a wide range of professionals in Power Sector but will greatly benefit:
No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.
No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.
Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.
Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.
GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.
Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.
Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.
Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.
Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.
Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.
