Online Training Programs

How to Buy and Sell Physical Power with Bilateral Contracts and PPAs

1.5 Hour On-Demand Training Program with Live Q&A
Available Now. (72 hour access)

How This Training Program Works

This practical step-by-step explanation of how physical power is bought and sold is not available anywhere else.

Learn how physical power is bought and sold in wholesale and retail competitive markets. These transactions have nothing to do with ISO administered  day-ahead energy auctions and are a completely different way to buy and sell power.

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. 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.

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 pre-event reading material will be provided as early as possible before the live presentation to define key background terminology and concepts. It is recommended that you set aside 40 minutes before the live presentation to read this background material.

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 72 hours from the time the training program is first viewed. After 72 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 training programs are known for clear explanations and in-depth content.

This online training program requires a basic knowledge of the U.S. electric power industry. Important pre-event reading material will be provided as early as possible before the live presentation to define key background terminology and concepts. It is recommended that you set aside 40 minutes before the live presentation to read this background material.
 
1.5 Hour Online Training Program With Live Q&A

$295 for the first attendee, $195 for the second attendee, and $95 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.
PGS Energy Training · 26 Teal Lane · Hilton Head Island, SC 29926
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