Online Courses

Fundamentals of Energy Statistics

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

How this online course works

Energy and electricity companies worldwide depend on accurate information about the risks and opportunities facing day to day decisions. Statistical analysis is frequently misapplied and many companies find that "a little bit of knowledge is a dangerous thing." In this training program we examine the introductory principles of statistical analysis as a foundational course for energy applications. The training program focuses on those foundational principles that are most used in energy analytics and serves as the foundational course for more advanced more the advanced application courses in this series.

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 use correlation and regression analysis for maintaining a competitive edge.
  2. Principles of probabilistic vs. deterministic thinking in successful capital investment decisions.
  3. The analyst tool box in forecasting future opportunities and risks.

Seminar Agenda

  • The Basics of Deterministic vs. Probabilistic Thinking in Deregulated Markets
  • Means vs. Standard Deviations
  • Distribution Shapes
  • Confidence Intervals
  • Probability
  • Simulation
  • Correlation and Regression Analysis for Maintaining the Competitive Edge
  • Univariate and Multivariate Analysis
  • Hypotheses Testing
  • Testing for Equal Means and Variances
  • Control Charts
  • The Energy Forecasting Toolbox
  • Historical Trend Analysis
  • Univariate Time Series
  • Multivariate Time Series
  • Econometric Models
  • Bayesian Estimation
  • End-Use Models
  • Engineering or Process Models
  • Optimization
  • Network Models
  • Simulation
  • Game Theory
  • Scenarios
  • Surveys

Who Should Attend

The training program is designed for those who desire a fundamental understanding of this vital topic including utility employees, commission staff, energy service professionals, and others. The course is designed to provide a solid understanding of the principles and terminology of EE and DR programs, and provide an introduction to the advanced analysis techniques and models that are used by program planners and evaluators. The training program is not overly analytical, but rather summarizes these important techniques used by DSM professionals.

Prerequisites and Advance Preparation

This fundamental level online training program has no prerequisites. No advance preparation is required.

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

Ken Skinner, Ph.D.
Vice President Integral Analytics Inc.

Dr. Skinner is a Vice President for Integral Analytics Inc. (IA), an energy conservation focused analytical planning software and consulting firm. IA is fully owned by Willdan, an industry-leading energy solutions provider and sustainability consultant. Dr. Skinner supports core energy risk management and sustainability services including electric grid optimization, integrated resource planning, design and implementation of integrated demand side projects and distributed energy resources. He is part of a team specializing in energy engineering, renewable generation, electric vehicle fleets and infrastructure, program management, microgrids, financing, data analysis, software development, and other fields.

Dr. Skinner has over 20 years of energy industry experience developing energy conservation and commodity supply strategies involving portfolio risk management, hedging strategies, and least-cost supply opportunities. Having worked as an energy consultant, Dr. Skinner has significant experience in economic analysis and modeling of distributed energy projects, forward energy prices, financial derivatives, and valuation of energy assets using econometric analysis, statistical methods, optimization principles, real option valuation techniques. Dr. Skinner is widely published having served as the technology columnist for Wiley Natural Gas and Electricity Journal. He is a noted speaker on energy related topics for organizations such as AESP, IAEE, ACEEE, PLMA, IEPEC, INFORMS, Infocast, EUCI, SNL Energy and PGS Energy Training.

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

 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

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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