Wisconsin Public Utility Institute Fundamental Course: Energy Utility Basics October 21-25, 2013 Promoted by

Transcription

1 Wisconsin Public Utility Institute Fundamental Course: Energy Utility Basics October 21-25, 2013 Promoted by Agenda Full program attendance eligible for 3.0 CEUs and 30 CLEs Site: The Pyle Center, located on Lake Mendota Accommodations: The Lowell Center (Room Rate: $109 Deluxe Rooms, most overlooking the lake) Parking is available in Lot 46 (Lake & Johnson St Ramps at 301 N. Lake St.) Click here for map and more info October 21, Monday Electricity: Industry Structure Time Session Title Speaker (s) 7:30-8:00 Continental fast 7:30-8:00 Registration 8:00-8:20 Introduction Cara Lee Mahany Braithwait Wisconsin Public Utility Institute 8:20-9:45 Why a regulated monopoly? Who s regulated, why and how: The Federal and State Perspective Theresa Hottenroth Theresa M. Hottenroth, LLC Why a monopoly What is a public interest The role of federal level commissions The relationship between the utility and the regulator 9:45-10:00 10:00-11:15 Federal Roles, Rules, Spheres of Influence: FERC and EPA David Boyd Minnesota Public Service Commission 11:15-11:30 11:30-12:30 The Public Service Commission- Roles and Rules, Balance of Power PSC Authority and Jurisdiction Organizational Structure of the PSC A Case: Start to Finish 1:30-2:30 Transmission- The Overlooked Connection Until 1970 History 1970 to date Order 2000 RTOs and then Repair Bill Order 890 The Underlying Driver for FERC FERC Order 1000 and then the Repair Bill A Right of First Refusal Current Status Justin Chasco Wisconsin Public Service Commission Flora Flygt American Transmission Company 2:30-3:00 3:00 3:45 A Day in the Life of a Regional Transmission Organization: A Primer What is an RTO Roles RTO market products Current RTO initiatives Jennifer Richardson MISO 1

2 Time Session Title Speaker (s) 4:00 5:30 Utility Company Models- Presentations and Panel Discussion Moderator: Nate Zolik, Wisconsin Public Service Commission Who are your stakeholders How do you secure power How do you sell power Who are your customers How are you regulated or managed Why was this form of company formed Brian Rude Dairyland Power Coop John Sumi Madison Gas and Electric Doug Collins ITC Midwest/ITC Holdings Jem Brown Wisconsin Rapids Water Works and Lighting Commission 5:30 Adjourn October 22, Tuesday Electricity: Industry Operations Time Session Title Speaker(s) Continental fast 8:00-9:15 From Heat to Electricity- How we make Electricity in the U.S. How much energy do we use What is the difference between energy and power Jake Blanchard Dept. Chair, Engineering Physics UW- Madison College of Engineering Creating electricity AC/DC what does this mean? How does a generator make electricity Start- up Black starts Who uses what Cost of electricity 9:15-9:30 9:30-11:15 Field Identification Guide to the Electric Industry Recognizing a power line Curtailments from a phone line Ken Copp Strategic Technical Advisor American Transmission Company LLC Substations, boosters, inter- Line losses tie, DC lines Technical language used in Line loading the field Power flows Buses Transmission basics Basics of LMP Step- up & step- down Congestion Counterflows 11:15-11:30 11:30-12:30 A Day in the Life of a Distribution Company The New Responsibility (Opportunity) Merlin Raab Wisconsin Public Service Corporation/Integrys Physical characteristics A typical day in 1990 A typical day in :30-2:30 A Day in the Life of a Transmission Operator What they do and why they do it Scheduling Chuck Callies VP, Power Delivery Dairyland Power Cooperative Forecasting Selling into the market Good days and bad days Transmission investment decisions Meeting renewable portfolio standards Planning and cost allocation 2:30-3:00 3:00-3:45 A Day in the Life of an Independent Generation Operator Jeff Pollei, Campus Utilities Engineer, UW- Madison Facilities Planning and Management 3:45-4:00 4:00-4:45 How is Energy Used Peter Taglia Taglia Consulting 2

3 Time Session Title Speaker(s) 4:45 Adjourn October 23, Wednesday Ratemaking for Electric and Gas Companies Time Session Title Speaker(s) Continental fast 8:00-9:15 What Drives Utility Stock Prices; What (Should) Keep Utility Execs Awake at Night? How do investors value utility stock? Allen Williams Jr. Partner Foley & Lardner- Retired What is changing about the utility's business climate for earnings growth? What are the implications of the changes on future stock value? What are the value implications for utility investment in environmental infrastructure projects? 9:15-9:30 9:30-10:45 Basics of Rate Setting Bruce Chapman, CA Energy Cost of Service, Efficient Pricing, and Advanced Renewable Tariffs 10:45-11:00 11:00-11:30 Dynamic Pricing and Demand Response Bruce Chapman, CA Energy Why have these strategies become popular What the challenges and what do they deliver 11:30-12:30 New Models for Pricing Jon Kubler, Kubler Associates Meeting customer, utility, regulatory and stakeholder needs 1:30-2:45 Pricing- continued Jon Kubler, Kubler Associates Creating rates for distributed generation such as rooftop solar 2:45-3:00 3:00-3:45 Declining Revenues and Rate Response Dan Hansen, CA Energy 3:45 4:00 4:00 4:45 Wisconsin Response to Declining Sales Greg Bollom, MG&E 4:45-5:30 The Climate Crisis and American Health: Threats and Opportunities Joel Charles, UW School of Medicine and Public Health 5:30 Adjourn October 24, Thursday Electricity/Gas: Environmental Issues & Gas Markets Time Session Title Speakers(s) Continental fast 8:00-11:45 Work Done Without (or with a small) Carbon Footprint Moderator Rich Hackner, GDS The big picture- - what is the renewable big picture Rich Hackner, GDS (8:10) Efficiency: First, fix the holes in the bucket Jeannette LeZaks, Energy Center of Wisconsin (8:15-8:45) Geothermal and Biogas Peter Taglia, Taglia Consulting (8:50 9:15) (9:15 9:30) Wind Tyler Huebner, Renew Wisconsin (9:30 9:55) Solar Niels Wolter, Madison Solar Consulting (10:00 10:25) Utility response to carbon mitigation Nick Martin, Xcel Energy (10:25 10:50) (10:50 11:00) Spotlight: Wind Permitting Diane Ramthun, Law Office of Diane Ramthun (11:00 11:25) 11:45 12:30 Nuclear Future The Base Load of the Future? Mike Corradini, UW Madison, Department of Nuclear and Engineering Physics 3

4 Time Session Title Speakers(s) 12:30-1:45 Working Lunch What Everyone ought to Know About Gas (Part I, Part 2 continued Friday Morning) Where does natural gas come from What is unconventional gas How does the near term supply look What about the future Typical composition of a gas molecule How natural gas is normally used- by time of day, coincident hourly demand, and month and by industry type How efficient is natural gas as an energy source and how clean is it compared to other fossil fuels What is the natural gas production break- even point (Basin production cost per MMbtu) Big picture of historical natural gas prices Alan Carroll UW- Madison, Department of Geology 1:45-2:45 Demo- What happens to carbon with different generation portfolios Paul Meier University of Wisconsin- Madison, Department of Engineering Physics 2:45-3:30 3:30-5:00 Field Trip: Co- Generation Power Plant Tour 5:00 Adjourn Charter Street Cogeneration Plant October 25, Friday Gas: Status and Operations Time Session Title Speaker Continental fast 8:00 8:30 What Everyone Ought to Know About Gas (continued) Alan Carroll UW- Madison, Department of Geology 8:30-9:30 Providing Natural Gas Service- Wholesale How does a local company do demand forecasting for short and long term gas contracts Definitions for a Design Week Normal winter weather Severe winter weather Least severe winter weather What does a capacity resource portfolio look like what do you manage How do you do capacity planning and analysis of costs, risks, etc? Transportation, storage, peak shaving options, What does the natural gas pipeline system look like how much gas, where does it run, what are daily imports what is the peak daily demand Storage issues When do we typically build storage capacity and what does this imply for costs? What are the financial and physical risks associated with storage What is commodity price hedging and how does it work in gas markets (fixed, capped, banded etc.) Why do you need to watch the weather in Africa and what is the value of diversity in your portfolio Jeff Hicken Alliant Energy 9:30-9:45 9:45-10:45 10:45-11:00 A Day in the Life of a Gas Company Four different perspectives Jeff Hicken Alliant Energy 4

5 Time Session Title Speaker 11:00-11:45 Gas Markets Brief history of natural gas regulation from 1938 forward and who regulates what Sarah Mead Manager, Gas Supply Michigan Gas Utilities How are wholesale gas market prices forecast (Henry Hub etc) average and spot market prices and what drives prices (importance of such things as location) Transportation markets Importance of FERC Order 436 What happened on 1989 with the Natural Gas Wellhead Decontrol Act FERC Order 636 (1993) What happened to OAT Picture of wholesale gas pipeline system can gas flow two ways? 11:45 Adjourn 5