Feb

08

Electric Utility Fundamentals + Insights (Feb 08)

This program provides utility and service company employees a broader understanding of how the electric utility industry works, and a better awareness of their own roles within their organizations. Participants gain a broader comprehension of critical issues affecting the electric industry, and the interaction between utilities and their stakeholders. Curriculum is customized for your organization and can be expanded, contracted or modified to address your specific needs. The hosted program provides a unique, individualized training experience for employees. WEI also offers this course in Portland which is open to anyone. Contact WEI for more information.

General Details

  • Program Chair(s)
  • Jim Litchfield

    • Program Location
    • Puget Sound Energy
    • 10885 NE 4th St
      Bellevue, WA 98004
    • Who Should Attend
    • Wondering if this course is right for you or your staff…

      • Are you new to the energy industry?
      • Have you worked in just one or two areas of the organization?
      • Are you looking for a broader perspective of the business of electricity and emerging issues?
      • Do you work for a service provider to the energy industry who wants to learn more about your customer?

      If the answer is yes to any of these, this course was designed for you.
       

  • General Cancellation Policy
  • Not Applicable
  • Participation Policy
  • Registration for this course is limited to employees of Puget Sound Energy only.
  • For more information contact Eric Christenson, Senior Program Manager at (971) 303-2118.

Agenda

Thursday, February 8, 2018

7:30 AM - 8:00 AM

Registration and Check-In

8:00 AM - 8:30 AM

Participant Introductions

Students share their utility industry background and what they hope to learn throughout the day. Please be prepared to share at least one thing you hope to gain from taking this class.

8:30 AM - 9:30 AM

Fundamentals of Electricity

– Key influencers in the history of electricity
– Utility definitions and electricity terms
– Basics of how electricity is generated
– Electricity generation and “the Utility loop”
– Keys to power quality

9:30 AM - 9:45 AM

Break

9:45 AM - 10:45 AM

Western North American Electricity Markets

– Service territories
– Federal regulators and departments
– NERC regions and the WECC
– Energy balancing

10:45 AM - 11:00 AM

Break

11:00 AM - 12:00 PM

How Utilities Make Money

– Types of utilities (IOUs, Munis, Co-Ops, etc.)
– Common organizational structures
– Balancing interests of stakeholders
– Regulation and rate making fundamentals

12:00 PM - 1:00 PM

Break for Lunch

1:00 PM - 2:00 PM

Generation Choices

– Number ONE rule of the electric grid
– Fossil fuel options
– Traditional low-carbon generation
– Today's renewables
– Energy storage

2:00 PM - 2:15 PM

Break

2:15 PM - 3:30 PM

Customers + Emerging Opportunities

– Types and expectations of electricity customers
– Electric vehicles
– Solar programs – utility and customer
– Demand response and Distributed Energy Resources
– Customer regulations and the trusted energy advisor model

3:30 PM - 3:45 PM

Break

3:45 PM - 4:30 PM

Strategic Planning

– Forecasting demand
– Meeting demand with resource portfolios
– Scenario planning and Modeling
– Vetting the IRP and preferred portfolio

4:30 PM - 5:00 PM

Q&A and Wrap-Up

We circle back to the original expectations of students to ensure that expectations were met.

5:00 PM - 12:00 AM

Adjourn

Meet The Speakers

Jim Litchfield

Litchfield Consulting Group

President