U.S. Power Industry, Renewable Energy,

Financial Planners







DUBLIN, May 01, 2023 (GLOBE NEWSWIRE) — “Today’s US Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions” Training Added of ResearchAndMarkets.com Recruitment.

If you want to better understand the U.S. power industry and the different ways power is bought and sold, this in-depth seminar is for you.

This program comprehensively and articulates the structure, function, and current state of today’s U.S. power industry. Many industry topics listed below. Detailed examples of how ISO day-ahead energy auctions and physical and financial (virtual) power trading, power purchase agreements (PPAs), tariff collection, and heat trading are conducted.

By taking each part of this complex industry one by one and putting them together, you’ll end the seminar with an understanding of “how it all fits together.”

Who Should Attend:

Energy and power executives are among those who will benefit from this seminar. Attorneys; government regulators; trader and trading support staff; marketing, sales, purchasing and risk management personnel. accountants and auditors; plant operators; engineers; and corporate planners. Types of companies that typically participate in this program include energy producers and marketers. Utilities; Banks and Financial Institutions; Industrial Companies; Accounting, Consulting and Law Firms. local governments; government regulators and generators;

content of study

  • Characteristics and Terminology of Electricity – Current, Power, var, Voltage, etc. (pre-seminar reading)
  • Electrical service system and how it works
  • The structure and function of the North American power grid.
  • How control areas and balancing authorities work to ‘keep the lights on’.
  • Pros, Cons and Leveled Costs of Different Types of Power Generation
  • Fundamentals of Utility Service Regulations, Open Access Markets
  • Why utilities sometimes resist renewable energy, distributed energy resources (DER”), rooftop solar, and conservation projects.
  • Various industry participants and their roles.
  • Conflicting federal and state regulations and why restructuring today’s power industry and building new power lines is such a complex undertaking.
  • What are the differences between regulated and commercial high voltage power lines and what are FERC’s market-based transmission speeds?
  • Structure and functioning of ISO, RTO, Western Energy Imbalance Market (“WEIM”) and new Southeast Energy Exchange Market (“SEEM”).
  • How the ISO Day-Ahead Energy Auction Works and Adds Value to the Power Industry
  • What is Location Marginal Pricing (LMP) and why is it used?
  • What are Demand Response (“DR”), Distributed Energy Resources (“DER”), and Battery Energy Storage Systems (“BESS”), and how to aggregate these resources to form a virtual power plant.
  • Challenges and opportunities facing wind energy, solar, battery, demand response, DER and other renewables.
  • Why it’s important to understand the reserve margin, forward capacity market, capacity payments, resource adequacy, and California’s “FRACMOO”.
  • An overview of today’s major industry issues and the direction the U.S. power industry is headed, including discussions on interconnection queues, renewable energy, and new transmission line construction.
  • Differences between auctions and bilateral electricity markets
  • Introduction to bilateral markets for energy and electricity: key concepts and terms
  • Differences between brokers, ICE OTCs, futures exchanges, market makers, traders and power marketers and how they add value.
  • Four different ways to manage prices, price spreads, and asset development risk.
  • Fundamentals and key trading terms for bilateral physical power trading.
  • How Powerful Marketers and Traders Use ‘Seller’s Choice’ to Create a Virtual Trading Hub.
  • Standard industry contracts used for physical and financial power trading, how OASIS is used to purchase transmission services, NERC tags are used to schedule deliveries, and financial “bookouts” how does it work Includes detailed step-by-step transaction examples.
  • Financial Power Contracts, Commodity Swaps, CFDs, FTRs. CRR, ISO Incs, Decs, and virtual/convergent bids.including examples
  • How financial power contracts work in combination with ISO day-ahead energy auctions to create a win/win situation and why few power marketers or traders go for physical deliveries within the ISO footprint .
  • How electricity is marketed within ISO locations, how electricity is virtually “transported”, how NITS, TAC, UCAP and ancillary service charges, FTR, CRR and swaps help hedge basis risk. Includes detailed step-by-step transaction examples.
  • Different types of heat rates and spark spreads and why they matter.
  • The difference between a Power Purchase Agreement (“PPA”) and a “Tolling Deal”. Includes detailed appendices and deal term sheets.
  • The magic of how heat rate trading can be used to hedge power risk and build profitable trades. Includes detailed step-by-step transaction examples.

Main topics:

first day

  • Characteristics and Terminology of Electricity – Current, Power, var, Voltage, etc. (pre-seminar reading)
  • Electrical service system and how it works
  • The structure and function of the North American power grid.
  • How control areas and balancing authorities work to ‘keep the lights on’.
  • Pros, Cons and Leveled Costs of Different Types of Power Generation
  • Fundamentals of Utility Service Regulations, Open Access Markets
  • Why utilities sometimes resist renewable energy, distributed energy resources (DER”), rooftop solar, and conservation projects.
  • Various industry participants and their roles.
  • Conflicting federal and state regulations and why restructuring today’s power industry and building new power lines is such a complex undertaking.
  • What are the differences between regulated and commercial high voltage power lines and what are FERC’s market-based transmission speeds?
  • Structure and functioning of ISO, RTO, Western Energy Imbalance Market (“WEIM”) and new Southeast Energy Exchange Market (“SEEM”).
  • How the ISO Day-Ahead Energy Auction Works and Adds Value to the Power Industry
  • What is Location Marginal Pricing (LMP) and why is it used?
  • What are Demand Response (“DR”), Distributed Energy Resources (“DER”), and Battery Energy Storage Systems (“BESS”), and how to aggregate these resources to form a virtual power plant.
  • Challenges and opportunities facing wind energy, solar, battery, demand response, DER and other renewables.
  • Why it’s important to understand the reserve margin, forward capacity market, capacity payments, resource adequacy, and California’s “FRACMOO”.
  • An overview of today’s major industry issues and the direction the U.S. power industry is headed, including discussions on interconnection queues, renewable energy, and new transmission line construction.

Day 2

  • Differences between auctions and bilateral electricity markets
  • Introduction to bilateral markets for energy and electricity: key concepts and terms
  • Differences between brokers, ICE OTCs, futures exchanges, market makers, traders and power marketers and how they add value.
  • Four different ways to manage prices, price spreads, and asset development risk.
  • Fundamentals and key trading terms for bilateral physical power trading.
  • How Powerful Marketers and Traders Use ‘Seller’s Choice’ to Create a Virtual Trading Hub.
  • Standard industry contracts used for physical and financial power trading, how OASIS is used to purchase transmission services, NERC tags are used to schedule deliveries, and financial “bookouts” how does it work Includes detailed step-by-step transaction examples.
  • Financial Power Contracts, Commodity Swaps, CFDs, FTRs. CRR, ISO Incs, Decs, and virtual/convergent bids.contains an example
  • How financial power contracts work in combination with ISO day-ahead energy auctions to create a win/win situation and why few power marketers or traders go for physical deliveries within the ISO footprint .
  • How electricity is marketed within ISO locations, how electricity is virtually “transported”, how NITS, TAC, UCAP and ancillary service charges, FTR, CRR and swaps help hedge basis risk. Includes detailed step-by-step transaction examples.
  • Different types of heat rates and spark spreads and why they matter.
  • The difference between a Power Purchase Agreement (“PPA”) and a “Tolling Deal”. Includes detailed appendices and deal term sheets.
  • The magic of how heat rate trading can be used to hedge power risk and build profitable trades. Includes detailed step-by-step transaction examples.

speaker:

John Adamiac
president
PGS Energy Training

John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electricity markets. Adamiak is a prominent and highly effective seminar presenter with over 20 years of experience in the natural gas and power industry. His background includes his 15 years as a seminar lecturer, 9 years of experience in energy trading, and his 6 years in strategic planning and venture capital activities. John’s educational background includes his MBA degree from Carnegie’s Mellon University.

For more information on this training, please visit https://www.researchandmarkets.com/r/6o36ev.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. It provides up-to-date data on international and regional markets, key industries, top companies, new products and latest trends.


        



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