Events
The Fundamentals of Today's U.S. Electric Power Industry
Wed, Jul 15, 2009

The Fundamentals of Today's U.S. Electric Power Industry

February 17

Houston - Doubletree Galleria

April 23

Houston - Courtyard Marriott Houston by the Galleria

April 30

New York City - The Torch Club (NYU Campus)

June 16

Philadelphia - Crowne Plaza City Center

July 15

San Francisco - Doubletree San Francisco Airport

July 24

Houston - Courtyard Marriott Houston by the Galleria

This in-depth one-day program provides a comprehensive and clearly explained understanding of the structure, function and current status of the U.S. electric power industry. It also addresses the fundamentals of day-ahead auction markets, LMP, and how the PJM, New York, Texas and other ISO markets operate.

Seminar Highlights:

  • The structure and function of the electric service system, its terminology and units, and the properties of electricity.
  • How the North American power grid is structured and how it operates; what the different types of electric generation are and the issues we face; and how control areas, spinning reserves, AGC and economic dispatch works.
  • Who the key players in the industry are, and why the industry is so difficult to restructure.
  • The differences between ISOs, transcos, ITCs, RTOs, and ICTs; and what today's ISO/RTO status is by region (Includes a detailed map).
  • How ISO Day-Ahead auction markets operate, or will operate, in PJM, New York, Texas, California and other markets; what locational marginal pricing (LMP) is, and why it is important.
  • How LMP is applied in the PJM and other ISO markets, and why FTRs, TCCs, CRRs, TLRs, RPM and forward capacity markets are important concepts to understand.
  • Our Houston and California presentations will discuss the Texas and California/Western Power markets respectively. PJM will be summarized at these seminars.

Who Should Attend:

Among those who will benefit from this seminar include energy and electric power executives; attorneys; government regulators; traders & trading support staff; marketing, sales, purchasing & risk management personnel; accountants & auditors; plant operators; engineers; and corporate planners. Types of companies that typically attend this program include electric utilities; power marketers; banks & financial houses; industrial companies; accounting, consulting & law firms; municipal utilities; government regulators and electric generators.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 5,000 energy and financial professionals who have already attended one or more of PGS's proven courses.


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