DUBLIN–(BUSINESS WIRE)–The “Today’s
U.S. Electric Power Industry, Renewable Energy, ISO Markets, & Electric
Power Transactions” conference has been added to Research
and Markets’ offering.
This in-depth two-day program (CPE approved) provides a comprehensive
and clear explanation of the structure, function, and current status of
today’s U.S. electric power industry; the fundamentals of ISO day-ahead
auctions, LMP, FTRs and capacity markets; the operational and economic
issues raised by the integration of solar, wind, distributed generation,
and demand response power resources into the existing Power Grid; how to
market and trade physical and financial electricity both within and
outside an ISO footprint; and how heat-rate-linked, spark spread, and
tolling deals are structured within and outside of Texas.
Each part of this complex industry will be explained in step-by-step
fashion and then all the pieces will be integrated using several clear
cut examples so that attendees will leave with an understanding of how
it all fits together.
What You Will Learn:
The structure and function of the electric service system, its
terminology and units, and the properties of electricity.
How the North American power grid is structured and how it operates;
how the major sources of electric generation work (coal, natural gas,
nuclear, renewables) and the issues they face; how control areas,
spinning reserves, AGC and economic dispatch works.
Who the key players in the industry are, and why the industry is so
difficult to restructure.
The differences between cost-of-service regulation, open access
markets, ISOs, transcos, ITCs, RTOs, and ICTs.
What the “smart grid” is, a summary of the different business models
being tested, a discussion of the key issues and how the smart grid is
likely to develop.
The major issues facing wind energy, solar and other renewables and
how these generation sources relate to the proposed buildout of the
backbone power grid.
How ISO Day-Ahead auction markets operate in PJM, New York, Texas,
California and other markets; what locational marginal pricing (LMP)
is, and why it is important; how LMP is applied in the ISO markets,
and why FTRs, TCCs, CRRs, TLRs, RPM and forward capacity markets are
important concepts to understand. (The seminars presented at the
Houston and California locations will discuss the Texas and
California/Western Power markets respectively. Philadelphia, New York
and Washington D.C. seminars will focus on PJM, MISO and the New York
What capacity markets and resource adequacy are, and how these
important issues affect the integration of wind, solar and other
renewables and how all these issues relate to demand response and the
Smart Grid. You will also learn what California’s new “Energy
Imbalance Market” and “Duck Curve” are and why these topics are
For more information about this conference visit https://www.researchandmarkets.com/research/h42q8b/todays_u_s