The Economic Evaluation of Energy Efficiency, Smart Grid and Demand Response Programs and the Principles of Cost-Effective Program Design: A Guide for Utilities, Commissions and Energy Professionals

 
A One-Day Classroom Seminar (CPE Approved)
April 29th, New York City - The Torch Club (NYU Campus)

Designed for utilities, regulatory commissions and other interested energy professionals, this one-day seminar will guide you through the overall “big picture” regulatory concerns of demand side management (DSM) and through the nuances of program design and valuation.

Since the energy crises of the 1970’s Demand Side Management or DSM has been an important part of our national energy strategy. Today as smart grid technologies enter the market, environmental issues become more prominent and conservation technologies improve, energy efficiency and demand response programs are more than ever an integral part of future resource plans. But how do you know if the programs are economically viable?

In this one-day course, we explore how and where EE and DR value arose historically, review how state and regulatory policy shape that value, consider the process by which programs are developed and add value, and focus on modern methods and approaches that importantly shape EE and DR resource value. DSM entails actions that influence the quantity or patterns of use of energy consumed by end users and can take many forms. We examine the current strategies, enabling technologies and societal benefits of these and other programs, and demonstrate how utilities are using demand-side programs to deliver cost-effective energy solutions for future generations . View Past Seminar Attendees

Understand These 5 Important Issues :

  1. How energy suppliers integrate supply sources with DSM, DG, Storage and Renewables.
  2. How State and National policies shape our energy future.
  3. How we measure potential, design programs, and evaluate effectiveness with an eye on value.
  4. How EE and DR programs can provide financial value and reduce overall energy costs.
  5. How current strategies are being developed to enhance or optimize AMR/ AMI and other Smart Grid technologies.

Seminar Agenda

1. A Quick History of the Electric Industry and Energy Efficiency (30 min)

2. Protocols, Policy and Valuation Criteria (45 min)

a. State Cost Recovery Mechanisms

b. What are the Standard Practice Manual tests and why we use them

TRC – Total Resource Cost

UTC – Utility Cost Test

PCT – Participant Coat Test

RIM – RatePayer Impact Measure

Societal Test

c. Why the Option Value is used as a Supply-Side equivalent

d. Certification and Energy Star Standards

e. EPACT 2005 and other National Energy Policies

3. How Customers use Energy and How it’s Valued (60 min)

a. Understanding load uncertainty and why it’s important

b. Practical techniques for measuring load variation and energy savings variance

c. System average avoided costs vs. customer specific avoided costs

d. The important contributions that weather wields on EE and DR value

4. Which DSM Strategies Yield The Most Value (45 min)

a. Energy Efficiency – Reduce overall energy consumption

b. Peak Load Reduction – Reduce peak load consumption

c. Load Shifting – Move consumption to less expensive hours

d. Load Building – Increase consumption overall or during off-peak hours

e. AMR/ AMI - Energy efficiency blended with demand response

5. How Demand-Side Programs Can Improve Customer Satisfaction (45 min)

6. Technologies and How They are Valued (45 min)

a. Heating, Transformers, Motors, Lighting

b. Home Appliances, Space Cooling, Refrigeration

c. Battery Chargers and External Power Supplies

d. Plug In Hybrid Vehicles

e. AMR/ AMI

7. Three Key Sources of Value Creation For Energy Efficiency (120 min)

a. Program Design

1. Screening for Cost-Effectiveness
2. Optimizing Program Attributes
3. Managing Uncertainty and Risks

b. Program Implementation

1. Targeting Higher Value Customers
2. Targeting Higher Value Locations

c. Impact Evaluation

1. Greenhouse Gas Valuation
2. Locational Valuation
3. Uncovering Value Segments and Niches

Your Instructor

Kenneth Skinner, Ph.D. –Dr. Skinner is Vice President and Chief Operating Officer of Integral Analytics (IA), an analytical software and management consulting firm focused on operational, planning, and market research solutions. Reaching every aspect of the energy industry, the IA proprietary analytical, programming and statistical methods allow clients more precise valuation, faster and more affordably. Dr. Skinner has over 15 years of energy industry experience including 5 years as the Derivative Structuring Manager for Sempra Energy Solutions, a national energy supplier, focused on developing retail commodity supply strategies including portfolio risk management, hedging strategy, and least-cost supply opportunities. Having worked with several energy consulting companies including Summit Blue Consulting, RDI Consulting and PHB Hagler Bailly, Dr. Skinner has significant experience in economic analysis and modeling of energy assets including development of portfolio VaR models, structured valuation of distributed generation and electricity and natural gas commodity transactions, financial risk assessment and valuation of energy hedging strategies.

Who Should Attend this Seminar?

The course is designed for those who desire a fundamental understanding of this vital topic including utility employees, commission staff, energy service professionals, and others. The course is designed to provide a solid understanding of the principles and terminology of EE and DR programs, and provide an introduction to the advanced analysis techniques and models that are used by program planners and evaluators. The course is not overly analytical, but rather summarizes these important techniques used by DSM professionals.

Prerequisites

This fundamental-to-advanced level group live seminar has no prerequisites. No advance preparation is required before the seminar.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 5,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Hotel & Seminar Information

This one-day seminar will be held at the hotel listed below or can be conducted on-site at your facilities. The seminar will start promptly at 8:00 AM and will finish at 4:00 PM. The program includes continental breakfast, lunch, and coffee/cookie breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars. 

NYC Torch Club (NYU Campus)
18 Waverly Place
New York, NY 10003
Telephone 1-212-998-6724
View Venue Website

PGS Energy Training will conduct this seminar at the Torch Club on the campus of New York University. Because of the diversity of hotels found in the area, PGS Energy Training will not be holding a block of sleeping rooms with one particular hotel. Should you need a list of local hotels in the area, please contact us at 412-521-4737 and we can help you with your accommodations.

 

 

Registration Fee & Discounts

Register Now and invest in your future. The price for this one-day seminar is $895 (USD).

  • Additional attendees, commission and government employees receive a 10% discount.
     
  • Sign up for 4 or more classroom seats during the same month and all attendees will receive a 20% total discount. ( If you plan to register 4 or more classroom seats, but want attendees to pay by separate credit cards, register one party now and mention this fact in the "Comments" section of the registration form. We will manually subtract the 20% discount from the first registrant's seminar fee. Tell other parties in your group to mention your name when they register, and we will give them the 20% discount as well.) Please call 412-521-4737 for more information.

Payment & Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 43 Fawnvue Drive, Suite 700 Mckees Rocks, PA 15136. Cancellations can be made up to three (3) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but credit will be given toward future workshops. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at 412-
521-4737.

CPE Credits

This group live seminar is eligible for
7.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS  Energy Training 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 addressed to the National Registry of  CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars  should contact our offices for details on CPE credits granted and any prerequisite requirements.

PGS Energy Training
43 Fawnvue Drive • Suite 700
Mckees Rocks, PA 15136
Tel: (412)
521-4737 • Fax: (866) 230-1261
info@pgsenergy.com