ADVANCED FORECASTING, PLANNING AND DEMAND SIDE MANAGEMENT AND BIDDING
22 – 24 MARCH 2017, SINGAPORE
About The Course
This course integrates the important aspects of demand forecasting used in distribution planning with the view of demand bidding and management. Load forecasting is critical in the process of planning periodical operations and facility expansion in the electricity sector. Demand pattern is very complex due to the customer response to various parameters as well as deregulation of energy markets. Therefore, finding an appropriate model for a specific electricity network is not an easy task. The trainer brings with him real case studies and examples from his direct experience in this industry.
The distribution planning part of the course has been designed to view the needs of system through the economic justification. The delegates will get a good understanding of issues associated with planning of MV up to 132kV and LV 230/400V electricity networks via a practical approach that contains worked and delegate examples. The course will link the planning concepts for various network configurations along with demand side management and bidding.
Participants will be able to understand and put into practice the following key learning points
- Significance and implementation of Load Forecast, Planning and Bidding
- Data mining and information requirement for the forecasting analysis
- Methodology from forecasting to management of the demand
- Planning and Bidding concept
- Review of benchmark model for different utilities and examples from practice
- Practical implementation, best practice and continuous updates
This course has been designed to give electrical engineers, engineering managers and other professionals a sound grounding and understanding of the principles of planning the electricity networks – both in industrial settings and electricity utilities focusing on the importance that load is playing in energy market. It will also link technical parameters such as fault levels, harmonics and power quality with the economic and commercial parameters of power generation that is used in demand side bidding methodology.
Who Should Attend
Load/price forecasters, energy traders, quantitative/business analysts in the utility industry, power system planners, power system operators, load research analysts, and rate design analysts.
Electrical engineers, managers, asset managers, young power engineers and commercialist analysts would also benefit from attending this course.
Course Faculty - Vukan Polimac
In his 30 years working experience he provided highest quality services in system planning and analysis to major transmission and distribution and transportation companies including London Underground, National Grid Company (UK), MTRC Metro in Hong Kong, West Coast Main Line connection to NG, Scottish Power, ESB-Ireland, ESKOM-South Africa, Mauritius CEB, Balkan countries – grids of Romania and former Yugoslavia, HV network ISA-Colombia, Western Power Distribution-UK, etc.
Vukan’s technical expertise includes most aspects of power systems analysis, electrical asset management and railway connections to power networks where he provides solutions to technical problems and supports other field’s experts in complex assignments. He has project management skills in technical and environmental projects as well as experience in short and long-strategic term planning, maintenance and asset management, power quality analysis of transmission and generation systems, distribution, transportation and other power networks. Experienced in generation and network integration, electrical component of energy master plans as well as strategic asset replacement, he was also involved in load- forecast analysis and generation dispatching. Published papers on asset management based on projects and experience in working for distribution companies in Africa and Europe.
Vukan is very experienced in design, procurement, commissioning, erection and refurbishment of major projects in transmission and distribution substations up to 420 kV and hydro and thermal power plants. Served as project manager on several major projects as well as head of the Engineering Group, Vukan was responsible for final design, equipment specifications, layouts tender evaluation and commissioning. He ha s carried out conceptual development of protection and control philosophy for various projects as well as reviewed and approved project drawings and documents. He has applied the latest IEC standards, various codes of practice and engineering recommendations. He has also specific experience in conceptual design of power supply for transportation and traction railway systems, defining the design principles and technical specifications for future design and privatisation process. He has analysed quality of power supply for connection of AC and DC unbalanced load to power network and published papers on practical implementation. Vukan carried out feasibility studies on reactive compensation (SVC and MSC) focusing on voltage variation and harmonic distortion issues.
Vukan has performed technical and economic evaluations, cost benefit net present value analysis, of various transmission and distribution schemes and electrical equipment. He carried out a number of asset evaluation analysis on electrical equipment and published papers on asset management, reliability and maintenance. He has performed equipment assessment and residual life prediction as part of strategic asset management analysis for a major underground transportation company in Asia. His duties have also included equipment arrangement optimisation in particular reliability aspect in terms of failure rate and financial consequences as non-supplied energy to the consumers.
Significance and implementation of Load Forecast, Planning and Bidding
Data mining and information requirement for the forecasting analysis
Methodology from forecasting to management of the demand
This training course has a limited attendance for up to 20 participants only. Sessions commence at 9am on all days, with short intervals at 10.30am and 3.30pm respectively. Refreshments will be provided in the short intervals. Lunch will be provided at 12:30pm for 1 hour. Sessions will end at 5pm on all days.
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