FUTURE OF ELECTRIC POWER SECTOR

31 JULY to 2 AUGUST 2017, SINGAPORE

About The Course

This 3-day comprehensive program covers the fundamentals of electricity markets including market design, competitive wholesale and retail markets, market operations, dispatching including balancing supply & demand and price formation.

The course includes discussion of climate change, rapid rise of renewable energy, the growing significance of distributed energy resources (DERs) which includes distributed generation (DG), energy efficiency (EE), energy storage systems (ESS), demand response (DR), energy management systems (EMS) and the emergence of intermediaries who aggregate DERs for bidding into wholesale markets or developing open platforms for peer-to-peer (P2P) trading among and between consumers.

Additionally the program covers the latest developments in market operations, grid management, demand response plus discussion of a host of related topics in today’s fast evolving electricity markets including balancing variable supply & demand, integrating renewable and distributed generation plus developments affecting future of utilities and their traditional business models.

Finally, the agenda includes discussion of regulatory and energy policy reforms including new tariffs that better reflect the changing nature of business, consumer expectation, and technological innovation and disruptions.

During the 3-days, attendees will experience “total immersion” in the highlighted topics including a host of anecdotal examples from some of the most advanced electricity markets in the US, EU and Australia advancements plus comprehensive reading material culminating in a certificate of completion at the conclusion of the course.

Learning Outcomes

Attendees will gain a broad understanding of the following topics:

  • Fundamentals of wholesale electricity markets
  • Fundamentals of competitive retail electricity markets
  • Fundamentals of organized markets (RTOs, ISOs)
  • Rise of renewables in the global energy mix
  • Rise of distributed energy resources (DERs)
  • Evolution of consumers: From passive to active “prosumers”
  • Technological innovation & disruption of utility business model
  • Evolving role of policy makers & regulators
  • Evolution of regulated incumbent utilities
  • How to apply lessons learned from the course

Course Faculty - Fereidoon P.Sioshansi, Ph.D.

Dr. Sioshansi is President of Menlo Energy Economics, a consulting firm based in San Francisco advising clients worldwide on diverse energy issues primarily in the electric power sector. He is a frequent speaker at international conferences, engaged in capacity building and executive training at energy companies, research, academic, regulatory and policy making circles where he intervenes in future scenarios and business models.

Dr. Sioshansi has over 35 years of experience including working at

  • Southern California Edison Company (SCE);
  • Electric Power Research Institute (EPRI);
  • National Economic Research Associates (NERA); and
  • Henwood Energy, now part of ABB.

He is the editor and publisher of EEnergy Informer, a monthly newsletter celebrating 27 years of publication with international circulation. EEnergy Informer covers energy/electricity trends worldwide with insightful analysis. It is regularly featured in The Electricity Journal, Energy Spectrum (UK), Renew Energy (Australia), California Currents (US), Energize (So. Africa), Energy Post (the Netherlands) and the IAEE Forum.

In addition to his consulting, editing and international speaking, work, Dr. Sioshansi has edited 10 the following books published by Academic Press:

  • Electricity Market Reform: An International Perspective (2006),
  • Competitive Electricity Markets: Design, Implementation, Performance (2008),
  • Generating Electricity in a Carbon Constrained World (2009),
  • Energy Sustainability and the Environment: Technology, Incentives, Behavior (2011),
  • Smart Grid: Integrating Renewable, Distributed & Efficient Energy (2011),
  • Energy Efficiency: Towards the End of Electricity Demand Growth, Feb. 2013;
  • Evolution of Global Electricity Markets, New Paradigms, New Challenges, New Approaches, June 2013;
  • Distributed Generation and its Implications for the Utility Industry, June 2014;
  • Utilities of the Future: Future of Utilities; How technological innovations in distributed generation will reshape the electric power sector, April 2016; and
  • Innovation and disruption at the grid’s edge, forthcoming June 2017.

He has degrees in Engineering and Economics, including an MS and Ph.D. in Economics from Purdue University.

TOPICS COVERED

  • Innovation & disruption at the “grid’s edge”
  • Evolution of utility business models
  • Distributed energy resources (DERs)
  • Energy Storage Systems (ESS)
  • Climate change & low carbon electricity
  • Evolution of global electricity markets
  • Climate change & low carbon electricity
  • Evolution of global electricity markets
  • Wholesale & retail competition
  • Demand Forecasting & price formation

Unique Features with powerEDGE Training

• Pre-Course Questionnaire to help us focus on your learning objectives
• Detailed Course & Reference Manual for Continuous Learning and Sharing
• Practical Exercises & Case Examples to better understand the principles
• Limited class size to ensure One-to-One Interactivity
• Assessment at the end of the course to help you develop a Personal Action Plan