USAID SARI/Energy What We Do

USAID SARI-Energy What We Do

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Participant List

Tuesday, August 5, 2008

09:00 - 09:05 09:05 - 09:15 09:15 - 09:25 09:25 - 09:30	:	Welcome Address & Introduction - Subodh Adhikari/USAID - Kathmandu Keynote Address – Dr. Anthony S. Chain/ Deputy Mission Director/USAID -Kathmandu Inaugural Address - Ministry Official / Govt. of Nepal Introduction to SARI/Energy Program - Sabyasachi Pattanaik/ PA Consulting
MARKET STRUCTURE DESIGN
10:00 - 10:30	:	Workshop Overview: Participant Introductions Module Overview Instructors
10:30 - 11:15	:	Objectives of Electricity Markets Economic efficiency Economic development Reliability Environmental objectives
11:15 - 11:45	:	Privatization of Assets What is privatization Objectives of privatization Issues and complexities Examples of countries that privatized their electric power system
12:00- 12:30	:	Preconditions for Electricity Markets Size of power system and sufficient number of generation units Understanding of electricity fundamentals Understanding of markets
12:30 - 13:00	:	Overview of Electricity Market Design Elements Competitive procurement Open access/bilateral wholesale market Centralized wholesale market Centralized unit commitment vs. no centralized unit commitment Nodal vs. zonal prices Retail Market
14:00 - 15:30	:	Key Issues that Electricity Markets Need to Address System operation and reliability Congestion Transmission expansion Demand response Market power Environmental issues Examples of Electricity Markets Lessons Learned to Date from Electricity Markets
15:45 - 17:00	:	Role of the Regulator in a Competitive Electricity Market: Characteristics of autonomous regulatory commissions Role of State vs. federal regulators Status of Retail and Wholesale Competition in the U.S. Key Issues: Unbundling, Third Party Access, Market Monitoring Role of Regional Organizations of Regulators

Wednesday, August 6, 2008

ELECTRICITY MARKETS FUTURE TRENDS & CHALLENGES
9:00 - 11:00	:	Role of System Operators I. Real Time Market and System Operations Real Time Dispatch Managing Constraints and Out of Merit Order Dispatch II. System Emergency Procedures
14:00 - 15:30	:	Role of Market Operators I. Day Ahead Market Defining Market Bids and Offers Day Ahead Clearing Process Commitment of Generators Reliability Analysis Timeline of Day Ahead Market LMP and FTR’s
15.45 - 17.00	:	Transmission Planning I. Reliability Assurance Agreement II. Transmission Owners Agreement III. Operating Agreement

Thursday, August 7, 2008

SPOT MARKETS/BALANCING MARKETS/TRADING
09:00 - 09:45	:	I. Real Time Market – How it works Dispatch priority II. Balancing Market Real Time vs. Day Ahead Position Financial Impacts Ancillary Services III. Market Surveillance a) Need for Market Monitoring b) Market Monitoring Plan c) Data and Activities Analyzed by the Market Monitoring Unit
09:45 - 10:30	:	Characteristics of electricity Markets Related to Power Procurement Volatile electricity prices Emission allowances Type of electricity market Types of Power Procurement Power contracts Fixed output Unit contract (with and without contingencies) System contract Fixed vs. variable pricing Forward for future contracts Fuel price risk Congestion risk Spot Market Day-ahead Real-time Trading and risk management Forecasting/forward curve Risk management and instruments Insurance Trading desks
10:45 - 13:00	:	Economic Characteristics of Contracts Long-lived assets Sunk Value is uncertain Contracts by definition bind parties to act in ways that they would prefer not to Objects of Well-written Contracts Align risk and reward Clarity Tailored to meet needs of parties Elements of a Typical Power Contract Contracting Do’s and Don’ts
14:00 - 15:30	:	Ancillary Services & Operational Planning Ancillary Services Listing and description of ancillary services Operating reserves (ten-minute spinning, ten-minute non-spinning, and thirty-minute reserves) Automatic generation control/frequency control Blackstart service Others Purpose of ancillary services Procurement of ancillary services (market-based vs. regulated) II. Unit Commitment and Real-time Dispatch Unit Commitment (Security Constrained Unit Commitment) Description and examples Reasons How it forms the basis for the day-ahead market Real-time dispatch Descriptions and examples Reasons How it forms the basis for the real-time market How the day-ahead and real-time markets work together Issues that arise between economics and reliability III. Generation maintenance scheduling
15:45 - 17:00	:	Closing Session and Graduation

Friday, August 8, 2008

OVERVIEW OF THE INDIAN ELECTRICITY MARKET
09:00 - 09:30	:	Overview of the Indian Electricity Market - Central Electricity Regulatory Commission Rules to enter market Structure and key players of the electricity market Current status and future plans – the Future Indian Electricity Exchange
09:30 - 10:15 10:15 - 11:30	:	Role of the Regulator – Central Electricity Regulatory Commission Open access regulation Recent tariff and market orders Availability Based Tariff (ABT) Overview of Guiding Principles – Central Electricity Regulatory Commission What is Availability Tariff How do the beneficiaries share the payments How does the mechanism work Why was Availability Tariff necessary How does it benefit everyone U.I. Rate vs. System Marginal Cost Incentives for helping the grid
11:45 - 12:45	:	Availability Based Tariff (ABT) Procedures Overview – Power Grid Corporation of India The daily scheduling process Deviations from schedule Weekly settlement system Improvements in frequency
12:45 - 13:15	:	Role of the Transmission Company – Power Grid Corporation of India Key function of the grid code Open access
14:15 - 15:30	:	Role of the Indian Power Trader – Power Trading Corporation The trader’s perspective on ABT Intraregional energy exchange Level of trading in India
15:45 - 17:00	:	PTC: Trading with Other Countries – Power Trading Corporation Structure of international trades Settlement of payments Guarantees