Introduction to Heat Rates, Spark Spreads, Tolling Deals, PPAs, and Heat Rate Linked Power Transactions
1/2 day on-demand seminar with Live Q&A
Available Now. (96 hour access)
This seminar begins by explaining operating heat rates, economic heat rates, spark spreads, market implied heat rates, negotiated heat rates, and how to convert natural gas/electricty prices and quantities into equivalent units. The fundamentals of tolling deals and power purchase agreements ("PPAs") are then addressed.
After a 1/2 hour break the training program will continue and introduce the powerful technique of heat-rate-linked power transactions which can be used in many ways. For example, heat rate structres can be used to sell solar and wind power under PPAs; financially hedge electricity price risk with liquid natural gas financial products; mimic physical generating assets; and potentially structure profitable arbitrage transactions between the natural gas and electric power markets.
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
This proven online training program features the same material used in the popular PGS in-person classroom training program. Register today, and join the over 10,000 industry professionals who trust PGS with their energy training needs.
Who Should Attend
This training program will benefit those organizations and professionals interested in learning the relationship between coal, natural gas and electric power prices and how heat rate transactions can be used to sell power, manage electricity risk, and structure profitable transactions.Electric generators, power marketers,energy producers, utilities, banks, law firms, municipals, ISOs, industrial companies, and electric generators will gain valuable insights, as will energy and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, trading support staff, auditors, attorneys, government regulators, rate-making specialists, plant operators, engineers and corporate planners.
Prerequisites and Advance Preparation
This fundamental online training program has no prerequisites, but a basic understanding of electricity and natural gas units (MWhs, MMBtus) and futures hedging will be helpful.
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.
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.
1/2 day on-demand seminar with Live Q&A - Available Now. (96 hour access)
$395 for the first attendee, $295 for the second attendee, and $245 for each attendee thereafter
Special pricing is available for groups of 10 or more. Please email or call (440) 853-1038.
Payment and CancellationsPayment 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.