32 CEUs are available.
Energy Utility Basics is an intensive course on the fundamental concepts critical to being conversant in today’s energy industry. Course content is updated yearly as technology, regulation, competition and markets evolve. WPUI has proudly presented this exceptional course each fall since 1983.
Course Summary: Over the course of a week, participants will receive an overview of the history of the electric and natural gas industries, insights into regulatory decision-making, and analysis of the current issues facing the energy industry.
Benefits: Attendees will obtain practical knowledge of the operations and technology of the natural gas and electricity industries from extraction, whether from the ground or renewables, to the customer’s bill. Course registration covers a field trip to a power plant, daily lunches and breaks, printed course materials and continuing education units (CEU).
Who Should Attend: The energy industry has undergone substantial changes – including changes in hiring practices. Twenty years ago, utility industry staff would learn about the industry by working their way up through the ranks. In today’s fast-moving business environment, often staff are hired from other industries, bringing along important skill sets but lacking a working knowledge of the energy industry.
Energy Utility Basics is intended for anyone working in the energy industry, including public interest groups, utility employees, legislative staff, regulatory staff, state and local government personnel. This course is for energy professionals, those new to the industry as well as those assuming new responsibilities, who want a better grasp of how all the technological, financial and administrative pieces of the energy puzzle fit together.
Registration is open to the public.
What others have said:
“I came in new to the industry wanting to learn about how energy is made, distributed, and transmitted. I am leaving with a better understanding of all that and more.”
“The good mix of speakers and audience made for an excellent atmosphere to understand a complex industry from all angles.”
“I wish I could have taken this course right away when I entered the utility industry.”
“I appreciate the care in progressively building on the modules.”
“Plenty of beneficial information, good speakers.”
“As someone with only a couple years of utility experience, this was a great foundation”
“Covered as many of the topics as possible in an entertaining and informative way – could have been very boring, but it wasn’t. Nice work!”
“Excellent overview and well-planned program.”
“Delivery of complex information in an easy to digest manner.”
“I loved getting to see the operators and getting to touch and see how it all works at the power plant”
“Variety of speakers, all were knowledgeable and able to break down the subject matter for those with a limited knowledge of the industry.”
October 8: Electricity — Industry Structure
Why a regulated monopoly? Who’s regulated, why and how: The Federal and State Perspective
- Federal Roles, Rules, Spheres of Influence: FERC and EPA
- The Public Service Commission-Roles and Rules, Balance of Power
- Transmission-The Overlooked Connection Until 1970
- A Day in the Life of a Regional Transmission Organization: A Primer
- Utility Company Models-Presentations and Panel Discussion
October 9: Electricity — Industry Operations
From Heat to Electricity – How we make Electricity in the U.S.
- Field Identification Guide to the Electric Industry
- A Day in the Life of a Distribution Company
- A Day in the Life of a Transmission Operator
- Field Trip: Co-Generation Power Plant
October 10: Ratemaking for Electric and Gas Companies
What Drives Utility Stock Prices? What (Should) Keep Utility Execs Awake at Night?
- Basics of Rate Setting
- Dynamic Pricing and Demand Response
- New Models for Pricing
- Declining Revenues and Rate Response
October 11: Low to No Carbon Options
Work Done Without (or with a small) Carbon Footprint
- Nuclear Future—The Base Load of the Future?
- Balancing your Resource and Financial Portfolios
- Where, How and Why Energy is Used in the US
- Renewables Panel
October 12: The New/Old Kid on the Block: Gas
What Everyone Ought to Know About Gas
- Providing Natural Gas Service-Wholesale
- Providing Natural Gas Service-Retail
- Gas Physical and Financial Markets
WPUI Member — $1450
Non-Member — $2250
Government (non-utility) — $800
Non-profit — $1450
Accommodations: Lowell Center Information forthcoming.
Graduate Madison Information forthcoming.
Your registration fee includes printed materials, meals/breaks and access to materials on our website post-program. CEU certificates will be emailed to you upon completion of the course.