This comprehensive program focuses on industry Economics, The Power Markets and Strategic Planning. Participants will receive a global look at power markets while later understanding how utility and industry economics effects operation, planning and evaluation of resources. Participants traditionally are considered decision makers looking to improve their overall strategic knowledge of the Power/Energy industry.
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THIRD QUARTER COURSES*
Introduction to Global Electricity Industry*
October 2, 2017 • $1,500
*Registration deadline: August 18, 2017
Participants will be introduced to the changing world of global power markets. An overview of markets and current and emerging trends the power industry is facing will be discussed. A key topic will be living in a carbon-constrained world, and how renewables can be part of that energy solution.
Renewable Policy, Fuels, and the Environment*
Oct. 3, 2017 – Oct. 5, 2017 • $2,555
*Registration deadline: August 19, 2017
Get a true international look at how renewables can be part of the energy solution in a carbon-constrained world, how changes in world fuel and commodity markets affect the planning and decision making process, and how technology needs to address requirements cost-effectively. An in-depth look at policies as well as costs, benefits, and application limitations will be covered. Examine other alternative energy resources—including gasification, biomass, and nuclear—and the potential applications of these resources.
Power Plant Project Development*
Oct. 9, 2017 - Oct. 12, 2017 • $2,750
*Registration deadline: August 25, 2017
An exclusive opportunity to learn about the various aspects of financial modeling, including its importance in the successful valuation of a power project, financial projection using simple pro forma financial statements, all of which will be utilized in a hands-on project development exercise. This power plant development project teaches the procedures required to develop an economically attractive independent power generation project involving cogeneration. The scope is based on fossil-fuel-fired power generation cycles and primarily focuses on gas turbine-based systems.
Strategic Generation & Transmission Planning*
Oct. 16, 2017 – Oct. 19, 2017 • $2,270
*Registration deadline: September 1, 2017
Learn more about power system economic planning by creating a long term capacity and transmission plan. Students begin by creating a load forecast which is used to perform a reliability analysis (loss of load expectation). Then students develop and analyze the economic impacts of various expansion plans to produce an integrated generation and transmission plan.
Oct. 23, 2017 - Oct. 25, 2017 • $2,555
*Registration deadline: September 8, 2017
Understand how economic forces drive utility decisions. View the workings of the utility business from an economic perspective, including what makes the utility business work and how companies can meet their commitment while meeting shareholder expectations. Additional discussions include the impact of economics on plant characteristics, and economic dispatch. Hands-on exercises contrast operational decisions for plants within regulated utilities as well as wholesale market-place utilities.
Restructuring of Electric Power Industry*
Oct. 26, 2017 – Oct. 27 AM, 2017 • $2,100
*Registration deadline: September 11, 2017
Examine global electricity market structures beyond energy, which serve the many functions needed for reliable grid operation. Learn how those functional needs have many methods for capacity and other ancillary markets are implemented around the globe. Participants will also learn about the changes undergone by the electric power industry over the last century. Measures undertaken by countries to introduce competition starting from the creation of separate generation and distribution companies to the formation of wholesale electricity markets will be discussed. Restructuring efforts from countries that are at various stages of this continuum will be presented. The disruption of the existing electric power industry due to low-cost distributed generation and the application of information technology resulting in the formation of a potentially more dynamic, information-based and decentralized electric industry—the electric power industry of the future—will be covered.
*The scheduled courses noted above will be held when there is sufficient enrollment. The final registration date is 45 days before the course start date. All registered students will receive a class confirmation e-mail once hte decision is made to hold the course, 30 days before hte course start date. No payment will be required during initial registration. Full payment will be required once registrants receive the confirmation e-mail that the course will be held. Please do not make travel arrangements until you receive class confirmation.
Cancellation Policy: Full refunds are issued for cancellations made 20 business days or more before the course start date. No refunds will be issued for any cancellations received less than 14 business days prior to the start of the course. The cancellation date is deemed to be the date that GE’s Energy Consulting receives a written cancellation.
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