“Power Market 101: Putting the Pieces Together”

“Power Market 101: Putting the Pieces Together”

“Power Market 101: Putting the Pieces Together”
October 16, 2014 Matrix Hotel, Edmonton
IPPSA invites you to attend a one-day seminar to understand the basics of Alberta’s power market.
This seminar is intended for those who are new to our industry, or those who may be in one
part of the business, but who want to know how the other pieces fit.
8:30 to 9:00
Opening Remarks:
11:30 to 12:00
Evan Bahry, IPPSA Executive Director
• Why restructure? What is restructured?
• Market participants and agencies: who’s who in the zoo?
• What are the market’s key milestones and principles?
9:00 to 10:00
The Wholesale Market
Speaker: Mike Law, Vice President, Market Services, AESO
• Building blocks: What is a kilovolt of transmission?
What is a megawatt hour of energy?
• How does the real time market work to dispatch energy and
set price? What is the role of supply, demand, imports, and
wind in wholesale prices?
• How do consumers and generators manage price or seek to
earn a return?
10:00 to 10:30
Wide Open Q+A featuring the morning speakers
• We’ll tackle any questions you may have about our market
based on the topics covered.
12:00 to 1:00 Lunch
1:00 to 1:30
MSA Perspectives
Speaker: Derek Olmstead, Economist and Retail Market Coordinator
Derek will explain the MSA’s role in our market and provide
a summary of the comprehensive State of the Market 2012
report which explored the workings of Alberta’s wholesale
electricity market.
1:30 to 3:00
Coffee Break
Participating and Transacting in Alberta’s
Wholesale Market
10:30 to 11:30
Speaker: Jason Comandante, Vice President, Commodity Portfolio
Role of Transmission
Speaker: Greg Retzer, Vice President, Transmission Project
Delivery, AESO
• What is the role of transmission in serving demand and
facilitating the wholesale market? What is Alberta’s
transmission policy?
• How is transmission planned, approved and executed?
What are the roles of the Alberta Electric System Operator,
the Alberta Utilities Commission and the Transmission
Facility Owners?
• How do transmission costs end up on bills?
Management
This session will discuss Alberta’s spot and forward markets
and describe the types of participants, and their roles and
interactions, in those markets. It will describe the mechanisms
for price formation in Alberta’s market, and the role of
generators, load, traders, importers, exporters and demand
response. It will also discuss approaches and options available
to generators, consumers and other participants to manage
their commodity price exposure.
Register online at www.eventbrite.ca
IPPSA Members: ($250 + GST)
Non-Members: ($350 + GST)