1. What the diiference is between a bilateral power contract and a power purchase agreement ("PPA").
2. Why physical energy transactions are mostly a game of virtual contractual promises with no need for warehouses or inventory.
3. How simultaneous virtual title transfer works and when payment is due.
4. The meaning of financially firm, "LD", interruptible, unit contingent, system firm, full requirements, and where to view the contract language of the various industry accepted master sales & purchase agreements.
5. How to move physical power using OASIS and NERC tags, wheeling, pancaking rates, and why companies often move physical power financially causing it to ‘jump’ between regions.
6. The important difference between physical power flows, the scheduled transmission path, and and the commodity ownership chain, and why power transactions often having nothing to do with with the flow of electricity on the grid.
7. What "sellers choice" and "buyers choice" are, and how transaction "daisy chains" form at virtual trading hubs.
8. Why many physical bilateral power transactions never go to delivery and instead are “booked-out” and settled in cash.

Get the best of both worlds with this blended learning approach.

1. Learn at your own pace and on your own schedule as you first enjoy the internet-streamed, on-demand seminar. Speed up, slow down, or repeat sections of the presentation.
2. Upon completion, join us for one of our regularly scheduled live online Q&A sessions. A calendar of live Q&A dates and times is provided in the program access instructions you will receive. You can also email your questions directly to the instructor.

You will receive immediate online access to the on-demand training presentation. The audio for the online seminar is only available through your computer or other Internet connected device. You will also receive links in your access instructions to PDFs for all the presentation materials in case you want to print or keep a copy.

The on-demand training presentations are available for a total of 7 days from the time any one of the training presentations is first accessed. After 7 days, your access to the on-demand presentations will expire. However the PDF formatted training program slides and other documents you receive are yours to keep.

John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets. Mr. Adamiak is a well-known and highly effective seminar presenter who has over 20 years experience in the natural gas and electric power industries. His background includes 15 years as a seminar instructor, 9 years of energy transaction experience, and 6 years of strategic planning and venture capital activities. John's academic background includes an M.B.A. degree from Carnegie Mellon University.

Payment is required prior to training program access. Payment can be made by Visa, Mastercard, American Express, or corporate check. Your credit card will be charged at the time of registration unless other arrangements have been made.

Cancellations for online training programs can be made before the program access instructions are sent by PGS, and cancellations will result in a credit. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.