Successful design of energy policy and provision of energy regulatory systems are fundamental factors that drive energy markets. This course introduces the global perspective of the design, implementation and assessment of energy policy, with subsequent provision of basic legal, technical and economic skills needed for successful design and management of energy regulatory systems. Hence the course’s purpose is to expose participants to the fundamental factors that drive energy markets, the causes of market failures, and how government interaction can mitigate those failures. It also highlights useful examples of “good practice” and explain why they are effective; hence attendees will also leave the course with practical knowledge of the fundamentals of tariff setting including assessment of efficient costs, cost of capital and incentive schemes.