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Overview
This seminar is designed for professionals seeking a deep understanding of the U.S. electric power industry. It covers the structure, function, and current status of the industry, including ISO day-ahead energy auctions and various power transaction methods. Participants will gain insights into how power is bought and sold, along with detailed examples of physical and financial transactions, power purchase agreements (PPAs), and tolling arrangements.
What You Will Learn
- The properties and terminology of electricity, including current, power, and voltage.
- The electric service system and its operational mechanics.
- The structure and function of North American power grids.
- The roles of control areas and balancing authorities in maintaining grid stability.
- The pros and cons of different electric generation types and their cost implications.
- Fundamentals of utility cost-of-service regulation and open access markets.
- The complexities of integrating renewable energy sources and the challenges utilities face.
- The structure and functions of Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs).
- How ISO day-ahead energy auctions operate and their significance in the market.
Venue
The seminar will be held at the Courtyard Marriott Houston by the Galleria, located at 2900 Sage Road, Houston, TX. The venue provides a conducive environment for learning, with amenities including continental breakfasts and lunch on both days. Participants will also receive a comprehensive seminar manual for future reference.
For more details and to register, visit the event website.