Menu

GAIN

A comprehensive picture of where the industry is headed
Home > All School Topics

All School Topics

TRANSMISSION BASICS

An overview on transmission hardware; system design; facility siting; the physics of the interconnected transmission grid; existing and new generation sources; the basics of power systems; and new technology for transmission.

TRANSMISSION SERVICES AND PRICING

Explanation of how transmission service is provided; the key aspects of transmission service pricing – access and congestion; 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 OPERATIONS

Review of the requirements for coordinating the interconnected grid to meet the reliability/security and economy considerations; the functions of the control center; the impacts of mandatory reliability standards; and, the ERO functions.

GRID INTEGRATION OF RENEWABLE AND DEMAND RESOURCES

The key obstacles to overcome for the effective integration of renewable generation and demand response resources; current opportunities; major challenges and the way markets and regulation are shaping the various decisions; recent legislation; role of aggregated distributed energy resources, including storage; and, actual system experiences.

TRANSMISSION SYSTEM COMPUTER SIMULATION

A hands-on demonstration of the innate complexities of the interconnected transmission grids; examples of constrained systems; interrelationships between market forces and the movement of energy; 2003 megablackout simulation.

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 DEVELOPMENTS AND POLICY

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; the new structures created by FERC Order Nos. 888, 889, 890 and 2000; the key RTO issues; FERC directions for electricity market and RTO development; market design issues; Order No. 888 reform; impacts of net metering activities mandated by the EPACT 2005, EISA 2007 and ARRA 2009.

MARKET MONITORING

The role and nature of market monitoring; market behavior metrics and monitoring data requirements; modes of market power, mitigation approaches and FERC priorities; market performance in RTO and bilateral markets; inter-RTO seams issues; nature of investigations, audits and compliance enforcement.

TRANSMISSION PLANNING AND RELIABILITY

Coverage of the planning, siting, asset modernization, utilization and investment aspects and their interrelationships with cost allocation; reliability management under mandatory reliability provisions; environmental impacts; national-interest electric transmission corridors. regional planning challenges; NERC’s ERO role; and, environmental matter/policies.

BUSINESS MODELS FOR TRANSMISSION INVESTMENT AND OPERATIONS

Overview of the RTO structure issues; review of international experiences; the role and the nature of incentives for the new transmission asset investments.

MARKET DESIGN AND CONGESTION MANAGEMENT

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.

REALIZATION OF THE SMART GRID POTENTIAL

The key drivers for making the grid smarter; basic definition and nature of the smart grids; the key building blocks – architectural design, communication infrastructure and standards; policy and cost recovery issues and the roles of the US Department of Energy, FERC and state regulatory agencies; advanced metering infrastructure; implementation status.

THE NEW TRANSMISSION BUSINESS ENVIRONMENT

Evaluation and assessment of the principal thrusts of the EPACT 2005 on transmission; PUHCA repeal aftermath; impacts of Sarbanes-Oxley Act requirements; impacts of new mergers and acquisitions provisions; transmission bottlenecks and national-interest electric transmission corridors; adequacy of financial incentives to stimulate transmission investment and modernization.

THE TRANSMISSION BUILDOUT

There is a common perception in the industry, shared by the regulators, the transmission customers and other interested stakeholders, that the transmission system is badly in need of modernization and of the enhancement of the transfer capabilities for the reliable deliverability of generation resources to the loads. The deeper penetration of renewable resources is providing an additional push to expand the aging transmission grid. This presentation will provide a status report on the current transmission developments, review the impacts of the FERC Order No. 1000, discuss the utilization of the new advancements in technology and provide a forecast of the prospects of bringing about the further improvements needed to enable the effective harnessing of the nation's renewable resources.

SPECIAL PRESENTATIONS

The lectures in the School curriculum are augmented by additional presentations that include the discussion of the continuing critical future role of reliability in the competitive environment, the views of two transmission-only ownership companies, the RTO market design and implementation developments, the establishment of new structures and topical overview of the post FERC Order No. 745 case at the US Supreme Court.

Copyright © IllinoiSeminars Inc., All rights reserved.
Web Software Development Chicago by apHarmony