An In-Depth Introduction to Today's U. S. Electric Power Industry
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If you find today's electric power industry difficult to understand, you are not alone.
This easy-to-follow seminar will quickly bring you up-to-speed on both the details and the "Big Picture" of this key industry. Register today, and learn how it all fits together. Click Here to Register
What You will Learn (Session #1) -->



The basics of voltage, current, Ohm's Law, reactive power, other electricity terms and concepts and the difference between power (MW) and electrical energy (MWh).


How power moves across transmission lines, and what line losses, shrinkage, var support, and parallel flows are.


How the North American power industry is structured, the locations of the synchronistic grids, and how the electric distribution system works.


What a control area is and how it operates.

What spinning reserve, quick start capacity and load shedding procedures are, and how the industry "keeps the lights on".

How control areas manage AC frequency, schedule interchange, and manage Area Control Error (ACE).

How the re-dispatch of generating units can impact the amount of available transmission capacity.

What ATC is, how it's calculated, and why it's important.

Where to access a list of popular power industry websites.
What You will Learn (Session #2) -->
An overview of the different types of electrical generating units such as coal-fired, simple-cycle, combined cycle, cogeneration units and a discussion of today's difficult choices.


What the terms lambda and economic dispatch mean, and how they impact today's world.


Who the industry participants are, and how we got to today's bifurcated world of regulated and open-access electric power markets,


Why electricity is so complicated at both the physical and political levels.


A map and discussion of today's ISO/RTO status, and where the industry is headed.


What the terms ISO, RTO, Transco, ITC, LMP, ICAP, LICAP, LSEs, NERC, PJM, ERCOT, MISO, TSP, SMD and FTR mean, and why they are important.



The definition of bilateral bulk power transactions.

The fundamentals of how an ISO/RTO auction market works.

The pros and cons of auction versus bilateral markets: Two fundamentally different approaches.


The basic types of electric power transmission capacity and what OASIS is.
Your InstructorJohn Adamiak is President and Founder of PGS Energy Training and is an expert in energy derivatives and electric power markets. Mr. Adamiak is a well-known and highly effective seminar presenter who has over 20 years experience in the natural gas and electric power industries. His background includes 10 years as a seminar instructor, 9 years of energy transaction experience, and 6 years of strategic planning and venture capital activities. John's academic background includes an M.B.A. degree from Carnegie-Mellon University.
Who Should Attend this SeminarThis seminar will benefit a wide variety of organizations in the electric power, financial and energy industries. Professionals from banks, energy producers, electric utilities, energy marketers, industrial companies, electric generators, and municipals will gain valuable insights, as will natural gas, oil and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, economists, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners.
Why Choose PGS?Save time and travel expenses while you increase your knowledge. PGS seminars are known for their clear explanations and in-depth content. Over 3,000 energy and financial professionals have already attended PGS Energy Training's proven courses. View Past Seminar Attendees
PrerequisitesThis fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.
Registration Fee
$295 for the first attendee and $155 for each additional participant.
Click Here to Register
Payment & CancellationsPayment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club or check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 43 Fawnvue Drive, Suite 700 • Mckees Rocks, PA 15136. Cancellations can be made up to two (2) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but credit will be given toward future seminars. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at 412-494-0450.
CPE Credits
This group live seminar is eligible for 3.0 CPE credits. PGS telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides – not the Internet posted slides. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.PGS Energy Training 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.