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Price: $(USD) 229
Course Level
Intermediate
Delivery Method
On-Demand Self-Study Course
Professional Development Credit Hours
2
Pre-requisites
There is no pre-requisite for this course.


Faculty

All on-demand self-study courses are written by members of our Faculty in their areas of expertise.

Accreditations

NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.

BAC: Mennta Energy Solutions is pleased to be endorsed by the BAC for Independent Further Education as a Short Course Provider. Endorsement covers courses delivered in the UK only.

GARP: Mennta Energy Solutions is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits.

North American Power Markets (ON-DEMAND) - NAPM


Course Summary

North American Power Markets is an online training course that describes the electric power industry origins, early technical and structural development, outlines key milestones leading to the development of a monopoly structure, how this structure shifted towards greater competition and the development of a competitive marketplace. Key regional hubs and associated physical and financial trading practices are outlined; some technical developments with Smart Grid are described, bringing the grid into the 21st Century technologically.

Who Should Attend?


Course Content

You will learn to:

  • Identify the historical origins of the US and Canadian power markets
  • Recognize the regulated monopoly utility model that prevailed until the 1970s
  • Point out key legislative, policy and regulatory initiatives which shaped the power industry
  • Choose the drivers for the creation of competitive markets
  • Identify the main types of generation in North American power industry
  • Identify how the transmission system developed and how the interconnected grid in North America functions
  • Point out the differences between ISO and non-ISO market areas
  • Identify the main components of an ISO market, including day-ahead and real-time energy markets, capacity markets and ancillary services markets
  • Recognize North America’s nine ISO and three non-ISO markets and their main characteristics
  • Identify the key characteristics of physical and financial forward electricity trades
  • Point out the differences between bilateral and exchange traded instruments
  • Identify some of the key pricing locations used in North American electricity trading

 

Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout the course.

A comprehensive final test will be given at the end of the course.

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