TRANSMISSION BASICS
An overview on the basics of transmission hardware, system design, facility siting, the physics of the interconnected transmission grid, existing and new generation sources, the basics of power systems and the new technology developments impacting transmission.

THE NEW TRANSMISSION BUSINESS
ENVIRONMENT
Evaluation and assessment of the principal thrusts of the EPACT of 2005 on transmission; PUHCA repeal aftermath; impacts of Sarbanes-Oxley Act requirements on the transmission business; impacts of new mergers and acquisitions provisions; Order No. 888 reform;transmission bottlenecks and national-interest electric transmission corridors; adequacy of financial incentives to stimulate expansion/improvement of the grid.

TRANSMISSION OPERATIONS
Review of the requirements for coordination of the interconnected grid, reliability/security considerations, economy functions, the functions of the control center and the impacts of mandatory reliability standards and the Electric Reliability Organization.

TRANSMISSION SERVICES AND
TRANSMISSION PRICING
Explanation of how transmission service is provided, the key aspects of transmission service pricing &ndash access and congestion &ndash incentives for grid expansion and coverage of evolving regulatory requirements; long-term financial transmission rights; the role of investment in improving the provision of transmission services in electricity markets.

TRANSMISSION SYSTEM COMPUTER
SIMULATION
A hands-on demonstration of the innate complexities of the interconnected transmission networks, showing examples of how the system can become constrained and the impacts of market forces on the movement of energy and vice-versa; simulation of a blackout.

ELECTRICITY MARKETS AND RISK
MANAGEMENT
The evolution of electricity markets from bilateral transactions to sophisticated pools; public and private markets; the role of forward markets in risk mitigation; role of financial institutions and hedge funds; credit worthiness standards.

ELECTRICITY RESTRUCTURING UP TO
ORDER 2000
A review of how the industry got to where it is today, the unbundling of the electric industry, its new structures, and the emergence of transmission as a critically important new business.

MARKET MONITORING
The role and nature of market monitoring; market behavior metrics and monitoring data requirements; modes of market power and mitigation approaches; market performance in RTO and bilateral markets; inter-RTO seams issues; FERC's enhanced authority in mergers and acquisitions and marketbased rates; FERC priorities on the market monitoring front.

ELECTRICITY RESTRUCTURING AFTER
ORDER 2000
The post Order No. 2000 world: the key RTO issues, and the direction that Federal Energy Regulatory Commission is seeking to drive electricity markets and RTO development; market design issues; Order No. 888 reform; activities mandated by the EPACT 2005 and EISA 2007; incentives for transmission improvement/expansion.

BUSINESS MODELS FOR TRANSMISSION
INVESTMENT AND OPERATIONS
Overview of the RTO structure issues, the different structures of the nonprofit RTO and the for profit independent transmission company (ITC), the Independent Coordinator of Transmission (ICT) concept,and a review of international experiences; the role and the nature of incentives for the new transmission asset investments; relationship between economics and reliability.

TRANSMISSION PLANNING AND
RELIABILITY
Coverage of the principal aspects of planning, siting, asset improvement, utilization and investment and their interrelationships to cost allocation, reliability management, and environmental impacts; impacts of mandatory reliability provisions; challenges in regional planning; and the NERC's role as the first ERO; the August 14, 2003 megablackout; national-interest electric transmission corridors.

AMERICAN ELECTRIC POWER
American Electric Power is one of the largest electric utilities in the United States and has a vast transmission network with a footprint in 11 states. This 39,000-mile network includes more 765 kV extra-high voltage transmission lines than all other U.S. transmission systems combined and serves directly or indirectly about 10 % of the electricity demand in the Eastern Interconnection and approximately 11 % of the electricity demand in ERCOT, the transmission system that covers much of Texas. The presentation will focus on the nature and scope of new transmission developments in the AEP transmission system.

MARKET DESIGN AND CONGESTION
MANAGEMENT
Presentation of the key aspects of designing efficient market structures, the interrelationships between markets, the role of ancillary service markets and how congestion is managed including the role of financial transmission rights.