Electric Power Overview

Recent experiences have clearly demonstrated the unique risks and significant profit potential to be found in the electric power marketing industry. In our two-day Electric Power Marketing seminar, we focus on educating and informing you regarding the nature of this industry. Beginning with an in-depth discussion of the changes FERC Order No. 888 will bring to a traditionally vertically integrated industry, we go on to address the dynamics of tomorrow’s business environment and provide attendees with an analysis of the challenges faced by the electric utilities. A major section of this class is devoted to teaching participants power industry terminology, with a focus on the terminology that is specific to power trading.

We pay special attention to detailing the risks associated with power marketing, because power marketing has inherent risks that are much greater than those the natural gas industry is accustomed to. The seminar is highly participatory, personalized and limited to a maximum of twenty people per session.

Seminar Objectives:

Participants in the Electric Power Overview training seminar will learn to:

• Understand the processes involved in selling wholesale power
• Appreciate the history of the power industry and its terminology
• Recognize the nuances of selling power and how it differs from selling other commodities
• Summarize Order 888 and 889
• Address Control Area Operator responsibilities
• Provide a comparison of power’s deregulation with natural gas
• Recognize who the players are today, who the players will be tomorrow and why
• Understand the power grid
• Find where opportunities will be in wholesale power marketing
• Use skills important for conducting real life transactions
• Understand risks and associated risks in deal-making ventures