This course has been developed for newcomers to the electric industry, whether they come from PR, law, the investment community. It is meant to be engaging and educational, and is provided by one of the leading workshop developers in the country. The course offers a non-technical introduction to the fundamental concepts that make up the electric grid and associated power markets. It will explain all of the basic building blocks, and then outline how and why this is all changing, and the implications for generators, consumers and society.
The course is taught by Peter Kelly-Detwiler, a 25+ year veteran of the industry, and highly sought-after speaker. He has offered dozens of workshops across the country, from 1-12 hours in length, as well as webinars and speaking engagements. In addition, he has written over 260 pieces for Forbes.com, GE, and numerous other publications interviewing hundreds of leading experts in the space. This course involves active attendee participation, with questions and discussions throughout the day-long course.
Many people think of utilities as boring and old school. Not anymore! This course is guaranteed to engage, entertain, educate, and change the way you think about this industry.
- Define the basic elements of the electric system
- Explain the characteristics of various power plants (coal, natural gas, nuclear, renewables – hydro, solar, wind, and geothermal) and the concepts of baseload and peaking plants
- Discuss the evolving regulatory model: Grid modernization (Hawaii and the New England states); Reforming the Energy Vision (NY); the California experiment
- Discuss major developments in recent years and new technologies
- Discuss security-related risks
- Explain how power is priced
- Discuss the differences by among the various markets (ERCOT, PJM, NYISO, ISO-NE)
- Identify the Regulatory approaches to distributed energy, and the future of net metering
- Identify demand response and other market options
- Analyze various implications and challenges for utilities in the future
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 0.8 CEUs for this event.
Requirements for Successful Completion of Program
Participants must sign in/out each day, be in attendance for the entirety of the course
Monday, May 21, 2018
8:00 – 8:30 a.m. :: Registration and Continental Breakfast
8:30 a.m. – 5:00 p.m. :: Course Timing
12:00 – 1:00 p.m. :: Group Luncheon
The Basic Elements of the Electric System
- Generating a flow of electrons, currents and frequencies
- The need to balance supply and demand – supply and demand curves and dispatch
- Capacity and load factors
- Electricity infrastructure: generation, transmission, transformers and distribution
- Characteristics of various power plants (coal, natural gas, nuclear, renewables – hydro, solar, wind, and geothermal) and the concepts of baseload and peaking plants
- The dispatch order – why and how various resources get called upon to turn on and shut off
- Products – energy, capacity, and various balancing services
Vertically integrated and Competitive Constructs
- Vertically integrated markets – how they work
- Competitive wholesale markets – forward curves, day-ahead, real-time and capacity markets
Living in Competitive Markets
- How power is priced
- Options for the customer (contract types)
- Direct and virtual PPAs
- Market volatility and drivers
- Differences by market (ERCOT, PJM, NYISO, ISO-NE)
The Regulatory Thicket – Who Does What, and Where
- Federal level interstate commerce – Federal Energy Regulatory Commission
- Continent-level reliability – North American Electric Reliability Corporation
- Grid operators – Independent System Operators/Regional Transmission Operators
- State regulators – how utilities are compensated; the concept of ratebase, annual vs. multi-year ratecases, decoupling, and performance based regulation
- The evolving regulatory model: Grid modernization (Hawaii and the New England states); Reforming the Energy Vision (NY); the California experiment
Major Developments in Recent Years
- New technologies – solar, wind, EVs and storage, why they will keep getting cheaper
- The impact of low-cost intermittent renewables on markets on markets and the challenge of integration
- The role of storage
- Regulatory approaches to distributed energy, and the future of net metering
- Community solar
- Community choice aggregation
- The missing money problem and the challenge to develop new resources
- Major issues at the FERC level
- New proposals at the regulatory level: NY REV and NWAs, grid modernization dockets, performance incentive mechanisms, multi-year rate cases, portals
- The emerging role of blockchain
The Changing Role of the Customer
- The emergence of the ‘prosumer’
- How cheaper sensors and better end-use technology reduce consumption
- Demand response and other market options
- Solar plus storage – load and grid defection
The Security-Related Risks
- A categorization of risks, from small-scale to ‘black sky’
- Cyber security and the recent events in the Ukraine and U.S
- The terror threats – critical transformers and infrastructure
- The danger of electromagnetic pulses
- Mitigation strategies – blockchain, microgrids, and other approaches
- Coming back from a black sky event – the enclave concept
Where This Is Headed
- The drivers that will keep power prices low: new technology, digitization, shale gas, China, carbon, and finance
- Implications and challenges for utilities
- Opportunities for consumers
- Opportunities for investors
Peter Kelly-Detwiler, Principal, NorthBridge Energy Partners
Peter Kelly-Detwiler currently advises technology companies and customers concerning the integration of energy-consuming and producing assets into the power grid. He has 27 years of experience in the electric energy industry, with 15 years as an executive in competitive retail markets, since their inception in 1997. He served in various functions within the industry, including Director of Customer Care (East Coast) for NewEnergy Ventures. Prior to NorthBridge, he was Sr. Vice President of Constellation Energy’s Load Response group. In this function, he created this unit and oversaw its growth to become a business with approximately $80 mn in revenue, capable of dispatching 1700 MW of customer load.
Mr. Kelly-Detwiler lectures frequently, has appeared on public television, and is also a frequent contributor on energy-related issues (over 240 posts) to Forbes.com. In this latter capacity, he has written on topics related to wind, storage, electric vehicles, shale gas, LEDs and numerous other issues. He has interviewed executives from dozens of companies and helped to provide context and meaning in the discussion of new technologies and market developments. As a consultant, he has provided strategic support to Fortune 100 companies such as Nike and GE, and advised leading companies and start-ups in the renewable energy space.
Hyatt Regency Indianapolis
One South Capitol Avenue, Indianapolis, IN 46204
To reserve your room, please call 1-317-632-1234
Please indicate that you are with the EUCI group to receive the group rate.
The room rate is $179 single or double plus applicable taxes.
Room Block Dates:
A room block has been reserved for the nights of May 20-22, 2018.
Rate Available Until:
Make your reservations prior to April 29, 2018. There are a limited number of rooms available at the conference rate. Please make your reservations early.
Please Note: Confirmed speakers do not need to register and are encouraged to participate in all sessions of the event. If you are a speaker and have any questions please contact our offices at 1.303.770.8800
|Event||Early Bird Before |
Friday, May 04, 2018
|An Overview of Electric Utilities and Markets||US $ 895.00||US $ 995.00|
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 April 20, 2018 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