Electricity Economics in Changing Electricity Markets 2024

Are you ready for the new challenges & opportunities as power markets around the world evolve?

This is an essential course both for those generating and trading electricity and for those responsible for policy within the power industry. It leads you through a clear, accessible and thorough examination of the economics of power generation, from power plant cost influences to end-customer prices. It contextualises this analysis with key consideration of industry drivers and trends, including increasingly liberalized and competitive markets, evolving policy support and management frameworks, the growth and integration of renewable power sources, and the restructuring of power systems towards more decentralised operations.

The presenter allows for and encourages plenty of Q&A and discusses the issues from multiple stakeholder perspectives; including power plant owners, investors, policymakers and energy customers. This online course is an essential primer for those seeking to navigate successful business routes through transitioning electricity systems.

We’ll examine these key questions:

• Which variables drive the economics of electricity generation?
• How do generation costs combine with other factors to produce end-use electricity prices?
• How are current technology & system trends impacting electricity costs and prices?
• What are policymakers doing to keep costs down?
• Who are the key stakeholders and influencers on electricity economics?
• What are the value-chain impacts of market liberalisation and competition?
• How are solar and wind power (and other low-carbon options) changing market environments?
• … and many more!

Course Sessions

1. Power project economics
2. Power system disruption and the economic impacts
3. Creating value from capacity and flexibility
4. Competition, innovation and the end-customer

Benefits of Attending

• Clear, independent and business-focused introduction
• Language designed for non-experts; particularly senior executives, policymakers & investment decision-makers
• Core knowledge building, including up-to-the-minute examples from markets around the world
• Interactive discussion of key market and economic variables
• Quantification of key issues using simple numerical calculations, real data and Excel-based tools

Testimonials

“I enjoyed the course with lots of demonstrations and case studies. The facilitator was just marvellous, up to the game. It was a value for money workshop.” – Electricity Generation Company Malawi

“Very well-organised class with excellent trainer. Impressive!” – Bangkok Cogeneration Co.

“You provide an excellent course. I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations. Trainer’s knowledge and group interaction makes the course not only highly informative, but also engaging and fun as we learn how to successfully transition to more environmentally sustainable energy systems.” – Department of Energy

“He is a professional trainer with excellent presentation skills. He is able to make simple presentation of complex issues and has a very good knowledge of the renewable energy matters. I highly recommend him as a trainer!” – IDETA