Wisconsin’s Electricity Generation Mix
Wisconsin Renewable Electricity Generation
Average Retail Price of Electricity in Wisconsin (not adjusted for inflation)
EEI Electric Rate Advanced Course: Rates to Meet New Market Opportunities and Constraints (For EEUI Members Only)
Course Starts at 3:00 pm on Sunday and ends at 2:00 pm on Wednesday
To register, go to http://www.eei.org/meetings/
July 28 – 31, 2013 University of Wisconsin Madison Fluno Center for Executive Education Madison, WI
EEI’s 2013 Electric Rate Advanced Course teaches students ratemaking tools to meet today’s business challenges. This year, the curriculum presents:
- An overview of ratemaking basics a review of what the student should know to get the most benefit from the course
- Current ratemaking issues, such as those surrounding the prospective implementation of the Smart Grid
- Rate policies needed to build sustainable energy efficiency businesses
- Rate policies (and issues) likely to be encountered in context of policy mandates to promote renewable resources
- New technical issues associated with determining the cost of equity in today’s risk-averse, turbulent capital markets, and related issues of rate case strategy
- New information on customer attitudes, and what they mean for the development of effective regulatory and marketing strategies.
- Ratemaking issues associated with alternative regulatory mechanisms to address contemporary operating challenges without chronic underearning or annual rate cases.
EEI’s advanced rate course provides a unique opportunity for senior staff to practice developing regulatory strategies to address an increasingly complex set of technical and financial challenges.
Sunday, July 28
- Overview of Rate Basics – This session will give students an overview of costing and pricing concepts. It is designed to give students a refresher and starting point on embedded cost of service studies and basic rate design.
Monday, July 29
- Team Assignments – Students will be assigned to teams that develop and present regulatory strategies as the conclusion of the course. Each team will be presented with a set of real-life issues their strategy must address, and will be instructed to draw on class room presentations to configure their strategies.
- Regulatory Accounting – A review of revenue requirements, income statement, balance sheet, rate base, operating expenses, rate of return, and tax treatment concepts.
- Cost of Capital – Uncertainty about the cost of debt and equity and the growing challenges of estimating cost of equity with traditional methods (DCF, CAPM).
- Demand Rate Design Methodology – Minimum distribution system rate design and applications.
- Cost Allocation and Marginal Costs – Review the allocation of costs to generation, transmission, and distribution functions (and the development of cost of service for stand-alone distribution services). Hands-on numeric examples that allow students to practice methods of embedded cost analysis (functionalization, classification, allocation), and marginal cost analysis (the development of incremental and decremental costs).
Tuesday, July 30
- Customer Trends & Perspectives– Using customer usage trends and perspectives on energy policy, rates, & pricing options to develop more effective regulatory, pricing, and marketing strategies
- Pricing as a Strategy for Helping Customers Adapt to Increasing Costs – Managing price risk for dynamic pricing. Hedging. Moving to more efficient rates.
- Alternative Regulation – Alternative approaches to regulating traditional vertically integrated utilities and power distributors in an era of increased investment needs and slower demand growth. Includes discussion of multi-year rate plans, revenue decoupling, formula rates, CWIP in rate base, accelerated depreciation, and capex trackers.
- Regulatory Strategy Workshop – Students break into teams to craft regulatory strategies that respond to scenarios that reflect today’s business conditions. Separate scenarios for traditional vertically integrated utilities and power distributors.
Wednesday, July 31
- Designing Efficient Rates – The role of efficient price signals in guiding efficient consumer consumption and industry investment decisions and the drivers for adopting efficient pricing.
- Application of Efficient Rates – The design along with examples of time-differentiated (dynamic) rates, and effective pricing for risk management.
- Energy Efficiency and Renewables – Rate mechanisms and policies needed to deliver energy efficiency services on a sustainable basis (e.g., DSM trackers, decoupling mechanisms, fixed/variable rate design, business models – shared savings, rate base premium return, virtual power plant, performance contracts), and issues associated with rate policies to encourage renewable resources (e.g., feed in tariffs, net metering, DG interconnection procedures).
- Summation – Assigned teams present their results of the regulatory strategy work groups. Concluding with a round-table discussion that encourages students to integrate information from the previous two and one-half days into a strategic perspective on rate making.
Larry Blank – Center for Public Utilities, New Mexico State University
John Caldwell – EEI
Bente Villadsen – The Brattle Group
Philip Hanser – The Brattle Group
Larry Vogt – Mississippi Power Company
Eric Ackerman – EEI
Steve Braithwait – Christensen Associates Energy Consulting
Mark Lowry – Pacific Economics Group Research
The registration fee for this course is $1,900, and includes instruction, course materials, some meals, and receptions. Deadline for registration at the Fluno Center is June 28th (please see below). Deadline for registration with EEI is July 19. However, until registration is full, late registrations will be accepted. Registration is limited to 35 attendees to assure optimum interaction between participants and the course leaders. Registration withdrawal after July 19 will be subject to a $500 cancellation fee.
To register, go to http://www.eei.org/meetings/
Continuing Education Credits
The course offers the following continuing education credits for students attending the pre-course workshop.
22 CLE Continuing Legal Education
2.2 CEU Continuing Education Units
22 CPE For Public Accountants
For those students not attending the pre-course workshop the credits are as follows:
19 CLE Continuing Legal Education
1.9 CEU Continuing Education Units
19 CPE For Public Accountants
Dates and Accommodations
The EEI Electric Rate Advanced Course will run from Sunday, July 28 through Wednesday, July 31, 2013 at the University of Wisconsin-Madison in the Fluno Center for Executive Education in Madison, WI. The course is sponsored and developed by the Edison Electric Institute Rates and Regulatory Affairs Committee.
A block of rooms has been reserved at the Fluno Center for Executive Education at the University of Wisconsin-Madison until June 28th. The rate is $144/night. To ensure the availability of a room, please make your reservations before June 28th by calling (877) 773-5866, or go on-line: www.fluno.com. Please mention you will be attending the EEI Electric Rate Advanced Course.
The Fluno Center is a short 15-minute taxi ride from the Dane County Regional Airport. The Financial Times of London has ranked the Fluno Center in the top 2 worldwide for food and accommodations for custom programs.
[If you would prefer not to receive notices about the Advanced Rate Course in the future, please respond so to this message.]
Early Registration ends July 5th.
Edison Electric Institute and the University of Wisconsin – Madison, present EEI’s 2013 Transmission and Wholesale Markets School, an accredited course with the University of Wisconsin.
For five intensive days at Edison Electric Institute’s 2013 Transmission and Wholesale Markets School at the University of Wisconsin – Madison, you’ll learn about the nation’s transmission and wholesale markets from top to bottom. This is your chance to receive instruction from well-known experts and seasoned veterans who will describe the current thinking on transmission issues, economics, and market design.
As our student, you will study transmission planning and operation issues with an emphasis on the institutional and financial dimensions of as well as policy, reliability, markets, and issues on the horizon. The transmission school student receives a comprehensive foundation and deeper understanding of transmission and wholesale electric markets. Additionally, the course is accredited with the University of Wisconsin – Madison for 3 to 3.5 CLE hours.
- Introductions to Transmission Engineering
- Fundamentals of Wholesale Markets in RTOs
- System Planning Challenges in Light of Plant Retirements
- NERC Standards and Compliance
- Gas/Electric Coordination
- Utility Finance from Wall Street’s Perspective
- Storm Restoration and Resiliency
- Utility Market Operations
- Demand Response and Energy Efficiency
- Transmission Development Models
- Distributed Generation
University of Wisconsin – Madison The Pyle Center 702 Langdon Street and Lake Street Madison, WI
Who Should AttendWhether you are new to the electric transmission and distribution industry or a seasoned veteran wishing to brush up on emerging policy issues, this course provides high level introductions as well as in-depth analysis of wholesale market operations and policy. Past attendees of this course have included attorneys, engineers, industry analysts, governmental and regulatory affairs representatives, state public service commissioners and staff, economists, operations managers, compliance specialists and governmental agency staff.
Registration: Monday, August 5, 2013, 11:00 am – 12:00 pm. Instruction begins: Monday, August 5, 2013, 12:00 pm Course Conclusion: Friday, August 9, 2013, 12:00 pm
The Madison Concourse Hotel 1 West Dayton Street Madison, WI 53703
Group Rate: $128/Double-Queen $158/Governor’s
Group Code: 279031
Online Reservations: https://bookings.ihotelier.com/bookings.jsp?groupID=1042196&hotelID=6388
*Complimentary shuttle bus service is provided from the hotel to the campus.
Early Registration by July 5, 2013 $2075 EEI Member/Associate/International Affiliate $2475 Non-Member/Non-Associate $1225 Federal or State Government Employee
On or After July 6, 2013 $2255 EEI Member/Associate/International Affiliate $2575 Non-Member/Non-Associate $1345 Federal or State Government Employee
For More Information
Karen Onaran Phone: 202-508-5533 Email: firstname.lastname@example.org
The Wisconsin Public Utility Institute will host the Energy Utility Basics Course October 1-5, 2012. It will be held in the UW Madison Campus’ Executive Training Center, the Fluno Center.
Fundamental Course: Energy Utility Basics
October 1-5, 2012
Course fee includes continental breakfasts, two breaks and lunches Monday through Thursday in the Fluno Executive Dining Room. It also includes all print materials and transportation to and from the power plant field trip.
Full program attendance eligible for 3.0 CEUs and 30 CLEs
Comments for 2011 attendees
This program was an excellent overview of all aspects of the utility
I learned more than I expected.
I was able to tie more things together
Course structure was well laid out
Speakers were knowledgeable and came from a variety of background
Really valuable week for someone new to the industry
Well run program with a tremendous amount of info.
No matter what your role is in the energy industry, this program is beneficial
Great way to include a significant amount of diverse info in a relatively short amount of time
Great diversity of presentations in regard to subject matter and from where the presenters came from
It was helpful to go over the different rate pricing and how one may be more effective in different situations
Good job of giving a lot of detail in the pricing strategies. It will help all areas of a utility to know this info
Click on links for each day for details
October 1, Energy Industry Structure
Why a regulated monopoly? Theresa Hottenroth, President, Hottenroth LLC
Federal Roles, Rules and the Balance of Power and Influence: FERC and EPA, Commissioner David Boyd, Minnesota Public Service Commission
The Public Service Commission-Roles and Rules and the Balance of Power and Influence, Brian Rybarik, Wisconsin Public Service Commission
Transmission–A Quiet Partner No Longer Quiet?–History and Future of Transmission, ATC
Utility Company Models-Presentations and Panel Discussion: Moderator, John Schulze Wisconsin Public Service Commission, Panelist Brian Rude, Dairyland Power Cooperative, Roman Draba, WE Energies, David Benforado, Municipal Electric Utility Cooperatives, Doug Collins, ITC Midwest/ITC Holdings
Who Uses What and How Much: UW Madison Graduate Student
October 2, The Physical Nature of Electricity-Making, Moving and Metering
From Heat to Electricity-How we make Electricity in the U.S, Dr. Jake Blanchard, Chair of the Energy Physics Department, UW Madison
Field Identification Guide to the Electric Industry, Ken Copp, American Transmission Company
A Day in the Life of a Distribution Company, Merlin Raab, Wisconsin Public Service Company, a Subsidiary of Integrys
A Day in the Life of a Transmission Operator, Chuck Callies, Dairyland Power Cooperative
Regional Transmission Organizations: A Primer, William Malcom, MISO
Advanced Metering–A Case Study in Piloting and Moving into Advanced Metering—Panel Discussion
October 3, The Revenue Side of the Industry
What Drives Utility Stock Prices; What (Should) Keeps Utility Execs Awake at Night? Sandy Williams, Foley and Lardner
Basics of Rate Setting: Bruce Chapman, Christensen Associates Energy Consulting
Securing Alternative Supply: Advanced Renewable Tariffs and Demand Response
New Models for Pricing, Jon Kubler, Kubler Associates (formerly with Georgia Power Company)
October 4, De-carbonizing Production and Plant Tour
Nuclear Power’s Role in Carbon Management, Paul Wilson, Associate Professor, College of Engineering, Department of Engineering Physics
Panel Discussion on Renewables and Alternative Energy Options–Pros and Cons, Moderator Rich Hasselman, GDS Associates
What Everyone Needs to Know About Gas, Kenneth Yagelski, UGI
Co-Generation Power Plant Tour, Madison Gas and Electric Company Cogeneration Plant
October 5, Natural Gas
Providing Natural Gas Service-Wholesale, Kenneth Yagelski, UGI
A Day in the Life of a Gas Company- Retail, Kenneth Yagelski, UGI
Gas Markets, Ron Mosnik, Wisconsin Public Service Company
FOUR DAY PROGRAM ** Monday – Thursday
$500.00 Government (Non-Utility)
$950.00 Non-Profit, Member
$1250.00 Non-Profit, Non-Member
TWO DAY PROGRAM ** Thursday – Friday Only
Natural Gas Industry
$200.00 Government (Non-Utility)
$275.00 Non-Profit, Member
$475.00 Non-Profit, Non-Member
The Fluno Exectuive Training Center offers excellent rooms at a flat rate of $144 (no tax)
For more information please visit: Executive Training Center
Reserve a room online using our online request form, or any of the following methods:
August, 6-10 2012
|To view registration and program agenda|
§ Federal Siting Coordination, with Lauren Azar, Senior Advisor to the Secretary, DOE
§ State Regulatory Roles in Transmission Planning, with Commissioner Eric Callisto, Wisconsin PSC
§ Market Power & Enforcement, with Larry Gasteiger, Office of Enforcement, FERC
§ Evolution of Markets and the OATT, with Peter Matt, Bruder Gentile Marcoux
§ EPA Compliance from the RTO Perspective, with Clair Moeller, MISO
§ Transmission Planning and Interregional Coordination, with Carl Monroe, SPP
§ And much more.
You’ll also cover Smart Grid, Cyber Security, Utility Financing, and many other subjects critical to understanding the issues facing the utility industry.
For more information and how to register, visit http://www.eei.org/meetings/
his course offers many benefits to you, including
Who Should Attend
Earn PDH, LU, CEU
By participating in this course, you will earn 30 Professional Development Hours (PDH) and 3 Continuing Education Units (CEU). Learn more about PDH, LU, CEU and state licensing boards.
Fee Covers Notebook and other course materials, break refreshments, lunches and certificate.
Accommodations A block of sleeping rooms has been reserved ($115/single; $125/double, including airport shuttle, pool and exercise room) for course participants at the Madison Concourse Hotel and Governor’s Club, One West Dayton Street, Madison, WI. To reserve a room, call 800-356-8293 or 608-257-6000 and indicate that you will be attending this course under group code 211702. Room requests made later than July 9 will be subject to availability.
Course Location This course will be held at Pyle Center, 702 Langdon Street, Madison, WI. 608-262-1122
Watch MISO markets in real time including wind contribution and day ahead forecasts for wind among other system data.