By - Jon Brown

Understanding the Evolving Electricity Market Landscape
August 7-8, 2019 | Denver, CO

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Overview

The electricity landscape is evolving rapidly and being pushed by a few key drivers (decarbonization, decentralization, and digitalization) within the context of global markets. This course will help you understand how these trends are coalescing and integrating to create completely different utility and power market dynamics. It will also explain the opportunities and challenges for grid planners, utilities, solutions vendors, and customers.

Finally, the course will explain how all the constituent elements fit together and some of the critical inter-relationships.  It will clarify the relationship between various technologies and business models, as well as the markets and customers they serve. On top of this, it will explain the profound implications that may result in the creation of an entirely new supply-demand equation between markets, customers, and their electric utilities.

Learning Outcomes

  • Review electricity markets and how they affect the opportunities for the evolving resource mix, especially renewable resources
  • Discuss state and federal policies, including enabling legislation, mandates, and subsidies that drive or inhibit adoption of low-carbon technologies
  • Discuss the various business models supporting the evolution of a cleaner electric grid
  • Outline the applications of digitalization to large-scale power assets to increase overall efficiencies and economics
  • Discuss the migration of an increasing number of connected assets to the grid periphery, including on-site generation and storage, as well as other smart energy-consuming devices
  • Explain the rationale for a digitized transmission and distribution power grid
  • Assess the opportunities, value propositions, and business models that enable the build-out of a more distributed grid, including microgrids
  • Discuss the challenges of integrating increasing amounts of both utility-scale and distributed renewable resources
  • Discuss the inherent organizational, data, and decisioning challenges, as well as the potential architecture suitable for a carbon-light and decentralized grid

Credits

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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 1.1 CEUs for this event.

 

Requirements for a Successful Completion of Program

Participants must sign in/out each day and be in attendance for the entirety of the course to be eligible for continuing education credit.

Instructional Methods

This program will use PowerPoint Presentations, group discussions, as well as active participation.

Agenda

Wednesday, August 7, 2019 

8:00 – 8:30 a.m. :: Registration  & Continental Breakfast

8:30 a.m. – 5:00 p.m. :: Course Timing 

12:00 – 1:00 p.m. :: Group Luncheon


Understanding the Foundation: Regulated and Restructured Power Markets

Comprehend the structures and rationale for various types of power markets, the evolution of competitive markets, and responsibilities of each

  • The Structure of the Grid
  • The Role of Regulated Monopolies
  • The Rationale for, and Emergence of, Competitive Power Markets
  • Today’s Regulatory Construct
  • FERC – Activities, Trends, Enforcement Activities
  • PUCs – Roles and Responsibilities within the Context of Market Evolution
  • NERC (Advisory)
  • State Legislatures

How Competitive Markets Work

Review the actors and their various roles in the system

  • Role and Responsibility of ISOs/RTOs
  • Capacity and Energy – Markets and Approaches
    • Day Ahead vs Real-Time
  • Other Wholesale Products
  • Risk and Volatility – Price Caps
  • The Role of Distributed Utilities

Electricity Generation Assets

Develop familiarity with traditional generating assets and properties

  • Properties of Common Generation Resources
  • Capital vs. Operating Costs
  • The Concept of Levelized Costs
  • The Resource Stack and the Dispatch Process

An Evolving Asset Mix: A Focus on Carbon

Explain the large recent conversion from coal to gas-fired generation, as well as the emergence of utility-scale wind and solar

  • The Role of Natural Gas-Fired Facilities in the System
  • The Impact of Hydraulic Fracturing
  • State and Federal Policies to Develop Clean and Low-Carbon Resources
    • Renewable Portfolio Standards
    • State Mandates
    • Federal Tax Credits
  • Current Market Dynamics
  • The Introduction of Utility-Scale Wind and Solar
    • Declining Cost Curves & Increased Efficiencies for Wind and Solar
    • Impact of Renewables on Marginal Pricing
    • The Current Debate Over Nuclear Resources
  • The Critical and Increasing Job for Large-Scale Storage
  • The Growing Role of Power Purchase Agreements
    • The Increasing Importance of Proxy Revenue Swaps

Electrons Are Bits and Bytes: Why Data Is Critical to the Transformation

Discuss the role of digitalization and data across the entire ecosystem

  • Digitalization of Wind Resources: How Data Can Help with Planning, Forecasting, and Operations
  • Digitalization of Gas-Fired Generation: Where IT Meets OT
  • The Science of Where: Why Location is so Important
  • The Cyber Threat
    • Challenges at the SCADA Level
    • Risks at the Grid Edge

Thursday, August 8, 2019 

8:00 – 8:30 a.m. :: Continental Breakfast 

8:30 a.m. – 12:00 p.m. :: Course Timing 


Decentralization: The Emergence of the Grid Edge

Explain the interaction between supply and demand and customer interaction with electricity markets

  • Customer Interaction with Power Markets and FERC Orders (Demand Response)
  • Customer Elasticities
  • Other Emerging Products Behind the Meter (efficiency, solar, storage, reliability, dashboards)

Appreciate the implications of these emerging technologies, cost and deployment curves, financing considerations, and associated regulatory policies

  • Distributed Solar
  • Improvements in Cost Efficiencies (Past Five Years and Projected, and Revisited Net Metering)
  • The Challenges Related to Net Metering
  • Rapidly Increasing Distributed Storage
  • Growing Hybrid Solar-Storage
  • Electric Vehicles and Storage
  • CHP: Traditional Gas-Fired and Fuel Cells
  • Applications, Basic Economics, and Value Proposition
  • Better End-Use Technologies; LEDs, Controls Systems, NEST Thermostats
  • Resiliency, Reliability, and Electricity
  • The Emergence of Micro-grids

Challenges and Opportunities Related to Integration

  • Integration of Renewable Assets into Wholesale Markets
    • Characteristics of Solar – Duck Curves and Marginal Values
    • Wind – The Challenges Related to Intermittency
    • Storage – Renewable Hybrids
    • Storage as A Stand-Alone Resource
  • Integration of New Resources into The Distribution System
    • The Importance of Smart Inverters
    • Example of Hawaii
    • NY REV
    • CA DERMS Pilots
    • The Likelihood of a New Grid Architecture
    • A New Role for Synchrophasors
    • Autonomous Versus Dispatched, and the Potential for AI

Instructor

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 million 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.

Location

EUCI Office Building Conference Center

4601 DTC Blvd, B-100

Denver CO, 80237

 

Nearby Hotels

Hyatt Regency Denver Tech Center
7800 E Tufts Ave
Denver, CO 80237
Phone: 303-779-1234
0.3 miles away

Hilton Garden Inn Denver Tech Center
7675 E Union Ave
Denver, CO 80237
Phone: 303-770-4200
0.6 miles away

Denver Marriott Tech Center
4900 S Syracuse St
Denver, CO 80237
Phone: 303-779-1100
0.7 miles away

Hyatt Place Denver Tech Center
8300 E. Crescent Parkway
Greenwood Village, CO 80111
Phone: 1-888-492-8847
0.9 miles away

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