Sponsored by EUCI, this 2-day seminar provides an in-depth discussion on the potential impacts of FERC Order 825 on meter data management, back office, market operations, and asset management for market participants in RTO Markets (MISO, PJM, ISO-NE, SPP, NYISO, and CAISO).
The seminar covers the following “hot” issues:
- What are the potential impacts of FERC Order 825 on meter data management, back office, market operations, and asset management for market participants in RTO Markets?
- Should market participants upgrade their meter data management system to handle 5-minute meter data?
- What is the cost for upgrading meters to provide 5-minute meter data?
- What are the pros and cons for submitting 5-minute vs hourly meter data for generating assets?
- How do you validate meter data?
- What are the impacts of FERC Order 825 on RTO settlement for market participants in MISO, PJM, and ISO-NE?
- What are the Real-Time charge types in MISO, PJM, and ISO-NE that will be re-coded to support 5-minute granularity?
- What are the potential impacts of FERC Order 825 on revenues and profits for power plants?
- What rules do RTOs use to recode make-whole payments and charges to meet FERC Order 825?
- What rules do RTOs use to penalize units for Real-Time Deviations?
- Do you need more staff to validate settlement in the 5-minute world?
- What data do you need to validate settlement statements and invoices that are issued by RTOs?
- What are the main data sources for shadow settlement?
- What are the main causes for settlement disputes? Do we expect an increased volume in disputes with 5-minute settlement?
- What are the potential impacts of FERC Order 825 on asset management?
- How can you minimize P&L leakages for generating assets under FERC Order 825?
- What is the value of upgrading generating assets to provide greater operating flexibility (Faster Ramp Rates, Faster Startup Times, Lower Minimum MW, Lower Minimum Uptimes & Downtimes, etc)?
- In the world of 5-minute settlement, should you operate your generating assets differently in the Real-Time market?
- How do you optimize the operation of Combined-Cycle Resources in the Real-Time market?
- How do you quantify costs for Uninstructed Deviations?
- Under FERC Order 825, how should Variable Energy Resources (wind & solar) be operated to maximize market revenues?
- In the long run, will your plants collect enough revenue from the energy, capacity, and ancillary service markets to cover their operating and capital costs?
- Should you build a data warehouse to store 5-minute meter and market data?
- How can you use business-intelligence tools to provide feedback to traders on market operations and bidding strategies?
- What IT infrastructure will you need to support 5-minute settlement?
Thursday, February 16, 2017
7:30 – 8:00 a.m. :: Registration and Continental Breakfast
8:00 a.m. – 5:00 p.m. :: Course Timing
12:00 – 1:00 p.m. :: Group Luncheon
Friday, February 17, 2017
7:30 – 8:00 a.m. :: Continental Breakfast
8:00 a.m. – 3:00 p.m. :: Course timing
12:00 – 1:00 p.m. :: Group Luncheon
Course Review & Round-Table Discussion
Khai Le, Sr. Vice President, PCI: Over the past 40 years, Khai Le has conducted over 700 seminars on market-based operations, bidding strategies, portfolio optimization, and shadow settlement for utilities and ISOs worldwide. He is currently working with market participants in MISO, SPP, PJM, ISO-NE, CAISO, and ERCOT to deploy the PCI Generation Supply Management System (PCI GenManager, PCI GenTrader and PCI GenPortal) to automate their bid-to-bill workflow. Khai authored over 100 technical papers on unit commitment, hydro-thermal coordination, emission dispatch, optimization of ancillary services, post analysis, and short-term planning. Five of his papers received prize awards. Khai received his BS from Harvey Mudd College and his MS from Carnegie Mellon University. He is a Fellow of the IEEE and a Registered Professional Engineer in Pennsylvania.
Tony Delacluyse, Sr. Director, PCI: Tony Delacluyse has over 29 years of experience that includes power plant operations, origination, pricing, deregulated retail, settlements, RTO operations. After joining PCI in 2005, he managed the PCI team to develop back-office software for MISO, SPP, ERCOT, CAISO and PJM markets. Tony participates in RTO market meetings, monitors the industry and FERC for market impacts and works with markets participants on planning, software, and strategy. He received both his BA and MBA from St Ambrose University.
Ken Lukowski, Sr. Manager, PCI: Ken manages the deployment of the PCI GSMS suite for market participants in the US. Ken has over 10 years of settlements experience. He chaired the MISO Market Settlements Working group. Ken received his BS in Accountancy & Finance from Southern Illinois University and his MBA from Lindenwood University.
Hilton Orlando Bonnet Creek
14100 Bonnet Creek Resort Ln
Orlando, FL 32821
To reserve your room, please call 1-407-597-3600
Please indicate that you are with the EUCI group to receive the group rate.
The room rate is $209.00 single or double plus applicable taxes.
Room Block Dates:
A room block has been reserved for the nights of February 15 – 16, 2017.
Rate Available Until:
Make your reservations prior to February 1, 2017. There are a limited number of rooms available at the conference rate. Please make your reservations early.