Designed for utilities, regulatory commissions and other interested energy professionals, this one-day seminar will guide you through the overall "big picture" regulatory concerns of demand side management (DSM) and through the nuances of program design and valuation.
Since the energy crises of the 1970's Demand Side Management or DSM has been an important part of our national energy strategy. Today as smart grid technologies enter the market, environmental issues become more prominent and conservation technologies improve, energy efficiency and demand response programs are more than ever an integral part of future resource plans. But how do you know if the programs are economically viable?
In this one-day course, we explore how and where EE and DR value arose historically, review how state and regulatory policy shape that value, consider the process by which programs are developed and add value, and focus on modern methods and approaches that importantly shape EE and DR resource value. DSM entails actions that influence the quantity or patterns of use of energy consumed by end users and can take many forms. We examine the current strategies, enabling technologies and societal benefits of these and other programs, and demonstrate how utilities are using demand-side programs to deliver cost-effective energy solutions for future generations .
1. A Quick History of the Electric Industry and Energy Efficiency (30 min)
2. Protocols, Policy and Valuation Criteria (45 min)
a. State Cost Recovery Mechanisms
b. What are the Standard Practice Manual tests and why we use them
TRC - Total Resource Cost
UTC - Utility Cost Test
PCT - Participant Coat Test
RIM - RatePayer Impact Measure
Societal Test
c. Why the Option Value is used as a Supply-Side equivalent
d. Certification and Energy Star Standards
e. EPACT 2005 and other National Energy Policies
3. How Customers use Energy and How it's Valued (60 min)
a. Understanding load uncertainty and why it's important
b. Practical techniques for measuring load variation and energy savings variance
c. System average avoided costs vs. customer specific avoided costs
d. The important contributions that weather wields on EE and DR value
4. Which DSM Strategies Yield The Most Value (45 min)
a. Energy Efficiency - Reduce overall energy consumption
b. Peak Load Reduction - Reduce peak load consumption
c. Load Shifting - Move consumption to less expensive hours
d. Load Building - Increase consumption overall or during off-peak hours
e. AMR/ AMI - Energy efficiency blended with demand response
5. How Demand-Side Programs Can Improve Customer Satisfaction (45 min)
6. Technologies and How They are Valued (45 min)
a. Heating, Transformers, Motors, Lighting
b. Home Appliances, Space Cooling, Refrigeration
c. Battery Chargers and External Power Supplies
d. Plug In Hybrid Vehicles
e. AMR/ AMI
7. Three Key Sources of Value Creation For Energy Efficiency (120 min)
a. Program Design
1. Screeningfor Cost-Effectiveness
2. Optimizing Program Attributes
3. Managing Uncertainty and Risksb. Program Implementation
1. Targeting Higher Value Customers
2. Targeting Higher Value Locationsc. Impact Evaluation
1. Greenhouse Gas Valuation
2. Locational Valuation
3. Uncovering Value Segments and Niches
Among those who will benefit from this seminar include energy and electric power executives; attorneys; government regulators; traders & trading support staff; marketing, sales, purchasing & risk management personnel; accountants & auditors; plant operators; engineers; and corporate planners. Types of companies that typically attend this program include energy producers and marketers; utilities; banks & financial houses; industrial companies; accounting, consulting & law firms; municipal utilities; government regulators and electric generators.
This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.
PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.