Fundamentals of The Texas ERCOT Electric Power Market
Presented by Acelerex CEO Dr. Randell Johnson
Each Class is Limited to First 20 Registrants / A Two-Day Classroom Seminar (CPE Approved)
Register soon to get Early Bird pricing!
Houston, TX - December 11 & 12, Hotel Indigo Houston at the Galleria
This new in-depth two-day program provides a comprehensive and clear explanation of the structure, function, and current status of the Texas ERCOT ISO including its operations, the fundamentals of day-ahead and real-time energy auctions, LMP, CRRs, generation capacity markets (Resource Adequacy) and the new operational and economic issues raised by the integration of solar, wind, distributed generation (“DER”), demand response (“DR”) and demand side management (“DSM”) resources.
Gain an understanding of the dynamic Texas wholesale and retail competitive markets, and learn how these markets interface with ERCOT ISO energy auctions and ISO operations. Understand, enhance and apply knowledge of the ERCOT’ nodal market operations for Energy, Ancillary Services, Market Settlements, Capacity, Retail and Renewables.
This seminar will also address the rapidly expanding new market opportunities in Texas Renewables – Wind, Solar, etc., Distributed Generation (“DER”), Demand Response and Demand Side Management (“DSM”) as well as the new opportunities that will be emerging from the current re-design of ERCOT Ancillary Services, future Ancillary and Capacity market initiatives and the further unbundling of ERCOT services.
What You Will Learn
You Will Also Learn
Your Instructor - Houston
Dr. Randell JohnsonDr. Randell Johnson is CEO of Acelerex and has 25 years of experience in power markets, asset valuation, technology integration, strategy, regulatory finance, large scale grid optimizations, quantitative trading, public policy, technical grid design, real-time optimizations, and high-performance computing. Qualifications are a Doctor of Philosophy in Power Engineering from Rensselaer Polytechnic Institute, a Master of Science in Mathematical Trading and Finance from Cass Business School, UK, and a Utility Corporate Finance Certificate for Gas and Electric Utilities from UConn Business School. Currently Dr. Johnson is the CEO of Acelerex which has offices in Boston, Houston, Santiago Chile, and Istanbul Turkey and Acelerex provides independent consulting services and makes real-time and analytics SaaS software. Dr. Johnson has contributed to the EIPC transmission study as an investor owned utility representative, NARUC study on co-optimization of transmission and other resources, Massachusetts State of Charge Study, NYSERDA Energy Storage Road Map, is the author of “An Era of Many Options” feature article in IEEE Power and Energy Magazine, and has engaged in professional services internationally to at least 40 countries for energy, power, and metals and has contributed to the development of $35 billion dollars of assets globally.
Who Should Attend this Seminar
Professionals from natural gas and electric utilities, pipelines, attorneys; government regulators, traders & trading support staff, energy producers and marketers, banks and hedge funds, government regulators, buyers and operators, accountants & auditors, industrial trade groups, shipping and cargo executives, equipment manufacturers and suppliers, environmentists, and anyone needing a solid overview and foundation in understanding how ERCOT works and current issues.
Prerequisites and Advance Preparation
This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.
Why choose PGS?
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
Hotel and Seminar InformationThis two-day seminar will be held at the hotels 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 on the first day. On Day 2 the seminar will begin at 8:00 AM and end at 12:00 PM. The program includes continental breakfast, lunch on the first day and coffee breaks. On the second day it includes a continental breakfast and coffee breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars.
December 11 & 12
Hotel Indigo Houston at the Galleria
5160 Hidalgo Street
Houston, TX 77056
Telephone: (713) 621-8988
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 (440) 853-1038 and we can help you with your accommodations.
Registration Fee and Discounts
Register Today!. The price for this comprehensive two-day seminar is $1,795 (USD).Early Bird Special: Register on or before Nov 21, 2019 and save an additional $100 per order!
Register soon to get Early Bird pricing. A limited number of Early Bird seats are available.
Payment and 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" 26 Teal Lane · Hilton Head Island, SC 29926. Cancellations can be made up to five (5) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but a one year full seminar credit will be given toward future workshops upon receipt of $175 which will used to help offset the non-refundable food, beverage, manual and other expenses incurred by PGS. This one year seminar credit is good for any PGS Energy Training program except for seminars offered by PGS affiliate organizations. Colleague substitutions may be made at any time. If PGS needs to cancel a seminar due to instructor unavailability, lack of attendance or other unforeseen reason, you will be offered the choice of rescheduling for another seminar, a seminar credit, or a refund. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.
CPE Credits in Specialized Knowledge
This live group seminar is eligible for 11.0 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.
PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. PGS Energy Training has determined that attending Fundamentals of The Texas ERCOT Electric Power Market qualifies for 11.0 GARP CPD credit hours. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd.
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.