ONLINE COURSES

Power Marketing

View PGS Client List
EJS-303
How Bilateral Power and PPA Transactions Are Executed Financially in the ISO World of Energy Auctions and LMP
1.5 hour on-demand seminar with Live Q&A
Available Now (15 day access)

This practical step-by-step explanation of how physical and financial bilateral power is bought and sold within an ISO footprint is not available anywhere else.

Learn how power marketers combine ISO energy auctions and bilateral financial contracts to buy and sell physical & financial power in wholesale and retail competitive markets. You will also learn how to move power financially once it is on the grid which is easier and cheaper than buying transmission service.

This proven online training program features the same material used in the popular PGS in-person classroom seminar. Register today and join the over 10,000 industry professionals who trust PGS for their energy training needs.

What You Will Learn
  1. How to transport power financially causing it to ‘jump’ between regions which can help renewable energy reach new PPA customers. 
  2. How commodity swaps, cfds, and financial futures contracts can be combined with ISO energy auctions to give a company "the best of both worlds" when buying, selling, and moving power.
  3. A detailed listing of all the costs components contained within a competitive end-user price including supply cost, LMP spreads, HV and LV NITS (HV & LV TAC in California), UCAP, Resource Adequacy, FRACMOO (California), and the five different ancillary service charges.
  4. What "Basis Risk" is and how a company can hedge this risk financially using an ICE, trading desk, or ISO financial product.
  5. What FTRs, CRRs, and TCCs are; how they help an ISO reduce transmission congestion; how these products can hedge risk; and how they can cause transaction losses for a power marketer.
  6. Why most bilateral power transactions with an ISO/RTO footprint are purely financial, and why generators, LSEs, QSEs, and SCs, often self-schedule.
  7. What fixed-for-floating swaps, dart swaps, and financial futures contracts are. 
  8. Why a power marketer often has to underprice risk to get a deal done.
How This Online Course Works

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.
Course Access

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 15 days from the time any one of the training presentations is first accessed. After 15 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.

Your Instructor
John Adamiak
President PGS Energy

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.

Program Pricing
$295 for single attendee, $195 per attendee thereafter.
Special pricing is available for groups. Please click here for more information.

If you have additional questions please email customercare@pgsenergy.com or call (440) 853-1038.
Payment and Cancellations

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.

Who Should Attend

This training program will benefit a wide variety of organizations in the electric power, financial and energy industries. Professionals from energy/power marketers, energy producers, traders, 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.

Prerequisites and Advance Preparation

This online training program requires a basic knowledge of the U.S. electric power industry. Important background information will be provided.

Why Choose PGS?

PGS training programs are known for their clear explanations and in-depth content. Register today, and join the over 10,000 industry professionals who trust PGS with their energy training needs.