In-Depth Introduction to Electricity Markets Course

In-Depth Introduction to Electricity Markets Course

June 7-8, 2004 - Hilton Garden Inn Downtown North - Chicago, IL
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DON'T MISS THIS OPPORTUNITY!

Attend this unique seminar and get a well grounded introduction to the basic concepts, tools, and vocabulary needed to understand and master the fast paced and changing electric power industry.

Course Description:

This in-depth introductory course is designed for those with a limited knowledge of the electric power system and restructured markets. It provides an overview of the industry focusing on the linkages between power system engineering, markets, and business strategies. Specific examples and actual market data is used to illustrate basic principals and ideas. This seminar uses several approaches to elicit participation from attendees including group exercises and an electricity market simulation in which participants bid a portfolio of generation resources over the course of the seminar under various market rules and conditions. Participants will have plenty of opportunities to ask questions and discuss issues of special interest to them. Extensive and comprehensive course notes are provided to each attendee.

What Attendees Will Learn:

This intensive two-day course will provide participants with a solid understanding of the basic engineering and economic terms, issues, and methods of analysis necessary to be successful in electricity markets. Attendees will learn the following:

The basic components, design, and operation of electric power systems
Types of generation units and price-responsive load
The fundamentals of various electricity markets, including bilateral, day-ahead, real-time, capacity and ancillary services markets and how these markets are designed to be consistent with the engineering fundamentals of electric power systems
The impetus for restructuring the electric power system and introducing competition and the status of restructuring indifferent regions of the United States
The major industry players and the strategies they are pursuing
The fundamentals of risk management as applied to electricity products
Critical issues confronting the industry and the recent blackout
Introduction to intermediate topics

Course Instructor:

Instructor

Frank A. Felder, Asst. Professor of Management, Manhattan College, New York, NY

Frank A. Felder, PhD, is an expert on the economics and reliability of restructured electric power systems. He consults to a wide range of clients in the industry, advising them on market design, market power, electricity price forecasting, and risk management. He has testified before the Federal Energy Regulatory Commission and several state public utility commissions. As part of his consulting practice, Frank has conducted numerous seminars and lectures, and has widespread experience explaining complex -and sometimes arcane -material in an intuitive, humorous, and accessible manner. Frank is also Assistant Professor of Management at Manhattan College in New York City. He holds a PhD in engineering systems from the Massachusetts Institute of Technology, where his research focused on the economics and reliability of restructured electric power systems.

Click Here To Download A Complete Conference Brochure
Click Here For A Complete Listing Of Upcoming Conferences