Webinars

If you find today's electric power industry difficult to understand, you are not alone.

This fast-paced seminar will quickly bring you up-to-speed on both the details and the "Big Picture" of this key industry. Register today, and learn how it all fits together. Click here to register.

1. Who the participants are in today's electric power industry, and what their respective roles and perspectives are.
2. A summary of utility cost-of-service regulation, FERC Order 888, open-access electricity markets and how we arrived at today's bifurcated marketplace.
3. What Tight Power Pools, ISOs, Transcos, RTOs, ITCs and ICTs are, and why these different approaches evolved.
4. A map of the current and proposed U.S. ISOs and RTOs and how we got to where we are today.
5. Why the restructuring of the North American electricity markets is such a complicated issue at all four levels- operating, economic, regulatory and political.

1. The basic steps involved in a bilateral bulk power transaction.
2. A description of how an ISO/RTO Day-Ahead auction market works.
3. The pros and cons of auction versus bilateral markets: Two fundamentally different approaches.
4. A definition of Locational Marginal Pricing ( "LMP" or "LBMP" ) and a brief discussion of its use.
5. What the terms LMP, LSEs, NERC, ERO, PJM, ERCOT, MISO, TSP, SMD and FTR mean, and why they are important.
6. A summary of today's key industry issues, where the U. S. electric power industry is headed including.
7. A summary of what the current outstanding ISO/RTO issues are by region.
8. The implications of license plate, zonal and highway/byway transmission rate cost recovery approaches on the building of a new bulk power transmission line, and how transmission rate design can determine who receives most of the benefits.
9. A summary comparison of three different approaches to ensuring sufficient new electric generating capacity: PJM's RPM generation capacity planning model versus ISO-New England's Forward Capacity Auction Market versus MISO's energy-only, market-based proposal.

This seminar will benefit a wide variety of organizations in the electric power, financial and energy industries. Professionals from banks, energy producers, electric utilities, energy marketers, industrial companies, electric generators, and municipals will gain valuable insights, as will natural gas, oil and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, economists, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners.

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

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs. View Past Seminar Attendees

$395 for the first attendee and $195 for the second attendee, and $125 for each attendee thereafter.

Special discounts are available for groups of 10 or more. Please call Janice Ohmura for details at (412) 521-4737.

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club or 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" 26 Teal Lane HHP · Hilton Head Island, SC 29926. Cancellations can be made up to two (2) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but full credit for one year will be given toward future seminars. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (843) 342-9945.

This group seminar is eligible for 3.5 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 telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides - not the Internet posted slides.

PGS Energy Training is registered with GARP as an Approved Provider of continuing professional education (CPE) credits. PGS Energy Training has determined that this program qualifies for 3.5 credit hours. If you are a GARP CPE participant, please record this activity in your Credit Tracker at www.garp.org/cpe. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP’s membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpe.