Online Courses

Introduction To Today's U.S. Electric Power Industry

1/2 day on-demand seminar with Live Q&A
Available Now. (96 hour access)

How this online course works

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

This comprehensive and clearly explained training program will bring you quickly up-to-speed on both the details and the "big picture" of how this key industry works. Register today, and learn how it all fits together.

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

  • A brief summary of the structure and function of the six North American AC power grids.
  • Who the participants are in today's electric power industry, and what their respective roles and perspectives are.
  • The differences between ISO "organized" market structures and the bilateral world of the non-ISO areas in the Southeast and West.
  • A summary of utility cost-of-service regulation, rate cases, tariffs, and why regulated utilities are not fans of conservation, demand response, DSM, roof top solar, and distributed energy resources ("DER").
  • Open (direct) access retail and wholesale competitive markets, and how we arrived at today's bifurcated marketplace.
  • State versus federal jurisdiction issues, the role of the courts, why Chicago is an island of PJM, and why "No one is in charge."
  • What ISOs, RTOs, balancing authorities, and merchant ITCs are, and how these participants function and interact.
  • A map of the current U.S. ISOs and RTOs and how we got to where we are today.
  • Why the restructuring of the North American electricity markets is such a complicated issue at all four levels- operating, economic, regulatory, and political.
  • The difference between ISOs, RTOs, and the California EIM.
  • The definition of for-profit merchant HV transmission power lines, OATT tariffs, and market-based transmission rates.
  • Why it is so difficult to build HV power lines and restructure the industry,.
  • A summary of today's key industry issues and where the U. S. electric power industry is headed.
  • The major issue of state generation subsidies and Zero Emission Credits ("ZECs").
  • The definition of Locational Marginal Pricing ( "LMP" or "LBMP" ) and a brief discussion of its use.
  • What the difference is between NERC and FERC.
  • A brief summary of what the terms resource adequacy, "capacity", and California's FRACMOO, and why these are important issues.

What You Will Also Learn

  • The difference between ISOs, RTOs, and the California EIM.
  • The definition of for-profit merchant HV transmission power lines, OATT tariffs, and market-based transmission rates.
  • Why it is so difficult to build HV power lines and restructure the industry,.
  • A summary of today's key industry issues and where the U. S. electric power industry is headed.
  • The major issue of state generation subsidies and Zero Emission Credits ("ZECs").
  • The definition of Locational Marginal Pricing ( "LMP" or "LBMP" ) and a brief discussion of its use.
  • What the difference is between NERC and FERC.
  • A brief summary of what the terms resource adequacy, "capacity", and California's FRACMOO, and why these are important issues.

Who Should Attend

This training program will benefit a wide variety of organizations in the electric power, financial and reneable 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 and electric power executives, asset developers, 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 fundamental level online training program has no prerequisites. No advance preparation is required before taking the program..

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.

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.

On-Demand Access Time

The on-demand training presentation is available for a total of 96 hours from the time the training program is first viewed. After 96 hours, your access to the online presentation will expire. However the PDF training program slides and other materials you receive are yours to keep.

Program Pricing

PGS online courses are known for their clear explanations and in-depth content.

1/2 day on-demand seminar with Live Q&A - Available Now. (96 hour access)

$295 for the first attendee, $245 for the second attendee, and $195 for each attendee thereafter

Payment and Cancellations

Payment is required prior to training program access. Payment can be made by Visa, Master Card, 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.
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