“This course is exactly what I was looking for to better understand price formation and dispatch in the electricity market. The speaker is the only industry expert who addresses this topic in such complete detail.”
Associate, EDF Renewables
June 17 - 18, 2026 Online :: Central Time
“This course is exactly what I was looking for to better understand price formation and dispatch in the electricity market. The speaker is the only industry expert who addresses this topic in such complete detail.”
Associate, EDF Renewables“Great way to learn how LMPs are calculated.”
Rates and Policy Director, Northwest Requirements Utilities“Presentation highly organized. Speaker extremely knowledgeable and very clear in his explanations. Very extensive research conducted in preparation for presentation.”
Senior System Metering Engineer, TriState G&T“This course provided the insights into price formations that has taken my understanding to the next level.”
Market Operations Engineer, ERCOT“Excellent approach: we can read formal text book LP descriptions ourselves but this added valuable intuition.”
Principal Economics & Business Advisor – Transmission Planning, Xcel Energy“Nicholas Pratley is an incredible asset to the course, since he is so well versed in the subject. In addition to an overview of LMP formation, he provides a comprehensive review of North American wholesale electricity markets.”
Power Analyst – Senior, Tacoma Power“A very comprehensive and informative course. I am much better prepared for my customers now.”
Senior Director – Energy Markets, Nodal ExchangeThis course examines the value of understanding and forecasting electricity prices in the wholesale markets. The information will benefit anyone who deals with current and future local marginal prices (LMPs) in wholesale electric markets by providing a deeper understanding of what drives them: 1) the complexity of supplying electrical energy around the clock 2) across an imperfect transmission grid, 3) from a variety of suppliers 4) without benefit of large-scale storage or rationing. It addresses itself to wholesale power market participants who confront these questions:
The content will cover guidance about forecasting prices – with or without sophisticated modeling tools – in the face of new policies, an evolving resource mix and changing market rules. Emphasis will be placed on describing U.S. locational marginal pricing (LMP) style markets. Going beyond the traditional three-bus LMP example, attendees will learn how the market forms prices in the real world. Attendees will become familiar with how this knowledge supports decision-making, trading and negotiation. Following a review of LMP formation, real-world situations will be dissected using publicly-available data. Finally, some solved “what-if” examples will illustrate the impact on LMPs of emerging bulk power developments using a simplified market model.
Using real-world situations and illustrative examples, this instructional course will:
Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ
If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event
| Individual attendee(s)$ 1295.00 each(early bird rate) (price after June 5, 2026 is $ 1,495.00) |
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Volume pricing also availableIndividual attendee tickets can be mixed with ticket packs for complete flexibility |
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| Pack of 5 attendees$ 5,550.00 (14% discount)(early bird rate) (price after June 5, 2026 is $ 6,350.00) |
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| Pack of 10 attendees$ 10,360.00 (20% discount)(early bird rate) (price after June 5, 2026 is $ 11,960.00) |
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| Pack of 20 attendees$ 20,925.00 (19% discount)(early bird rate) (price after June 5, 2026 is $ 22,425.00) |
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Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before May 15, 2026 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800
Wednesday, June 17, 2026
Central Time
Online
Tips on Discovery
Introduction and discussion
Thursday, June 18, 2026
Central Time
Online
Appendices:
Principal
Pratley Group Energy Advisors
Nicholas Pratley is Principal of Pratley Group Energy Advisors. He has worked in electrical power systems analysis and design for more than three decades. He began his career as a consulting engineer designing power distribution for heavy industrial projects and moved on to become a subject matter expert in power systems analysis for software vendors and consulting firms. Mr. Pratley has experience with generation interconnection studies and transmission planning, including more than 15 years in electricity market simulation and price forecasting. He has received training on Plexos, GE MAPS and PROMOD IV production cost models, and provided training and consulting services using PROMOD for many years. His clients over the years have included transmission owners and developers, municipal utilities deciding whether to join an ISO market or where to construct a new generating plant, competitive generation (IPP) developers forecasting transmission congestion risk for wind/solar/storage project siting and contract negotiation, and pension funds investing in renewable generation projects. His work has influenced decisions to acquire, divest, build or invest in dozens of projects worth multiple billions of dollars. In his current professional capacity, Mr. Pratley works with participants and analysts of electricity markets around the world, advising on plans and policy, in particular with respect to large-scale renewable energy and Storage development. He also prepares and presents training courses using his expertise in LMP wholesale electricity markets. He earned B.S. and M.S. degrees in Electrical Engineering at McGill University and the Universite de Montreal polytechnical school.
EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.
EUCI is authorized by IACET to offer 1.0 CEUs for this event
Verify our IACET accreditation
Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.
Course CPE Credits: 11.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None
EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
Only registered attendees can request CLE credits for an EUCI course/event. Please email [email protected] prior to the course start date and list the state where you are licensed and your bar# as well as the name and date of your course/event in your request, and someone will be in contact.
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