Price Controls 230 · On-demand course
A recorded case study from MCC Economics on Oman's evolving regulatory framework for electricity, related water and gas transportation. It traces the sector's unbundling, explains how price controls are built with a building block approach, and shows how incentives are being introduced.
Price Controls 230 is delivered by practitioners whose Gulf work includes advising the regulator in Oman.
Course lead
Director, MCC Economics
PJ has worked on price controls from the regulator's side and for regulated companies, including RIIO-2 work with Ofgem and the Utility Regulator for Northern Ireland.
I heartily recommend PJ to anyone seeking input on the financial parameters that underpin different regulatory models.
Price Controls 230 is a recorded case study of how Oman regulates electricity, related water and gas transportation. It traces the sector's reform and unbundling from 1999, explains how the Authority for Public Services Regulation sets maximum allowed revenue with building blocks, and covers risk sharing, performance incentives and supply quality measures.
You will be able to explain how Oman's price controls work and how they are changing. The course is built around three outcomes.
The lecture sets out Oman's regulatory system and the history of its reform, then explains how price controls are designed.
These are the terms the course uses most, in plain English.
| Term | Meaning |
|---|---|
| Authority for Public Services Regulation (APSR) | Oman's regulator for electricity, related water and other public services, which sets price controls for regulated companies. |
| Unbundling | Separating a once-integrated utility into distinct businesses, such as generation, transmission and distribution. |
| Maximum allowed revenue | The most revenue a regulated company may recover under its price control. |
| Building blocks | Setting allowed revenue by adding up efficient operating costs, depreciation and a return on the asset base. |
| RPI-X-type control | A price control that lets revenue rise with inflation minus an efficiency factor, adapted here to government-owned companies. |
| Risk sharing | Rules that split the effect of unexpected cost changes between the company and its customers. |
| Supply quality measures | Targets for reliability and interruptions that can be linked to rewards or penalties. |
It suits anyone working on regulation in reforming or transitional markets.
Price Controls 230 applies the core courses to Oman and sits alongside the UAE case study. Price Controls 231 then looks at one Omani company in depth.
Browse every title on the MCC Economics courses page.
MCC Economics advises utilities and government bodies in the Gulf, including the regulator in Oman, as well as regulators in the United Kingdom. The firm was founded in London in 2017. Its regulatory economics work covers energy, water, aviation and infrastructure. You can read the team's background on the people page.
MCC Economics has helped us better understand the most important issues for our stakeholders, including: charges, shareholder returns, debt payments and inflation impacts.
See the instructor profiles near the top of this page for the current teaching team and their experience.
No. Price Controls 230 is recorded course material only, so there is no meeting to attend. You get immediate access to the materials once you register.
The lecture runs for about an hour. You receive the lecture video, slides, a transcript and a quiz.
Oman's electricity sector, related water, and gas transportation.
The Authority for Public Services Regulation (APSR), which sets maximum allowed revenue for regulated companies using a building block approach.
Price Controls 230 covers Oman's regulatory framework as a whole. Price Controls 231 is a shorter case study of one regulated company, Oman Electricity Transmission Company.
Contact MCC Economics through the consultation page to discuss access for a team or training tailored to your organisation.
Page last reviewed October 2026.
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