Electricity Industry Fundamentals (virtual)

Course Overview

What are the fundamentals of the energy industry? This energy industry fundamentals course will provide a clear understanding of the structure and workings of the Australian electricity industry and the National Electricity Market (NEM).

Our expert instructor will explain the design of the NEM and the critical issues facing the electricity industry as it undergoes the biggest transformation in its history. This will include discussions on renewable energy, energy storage, demand response, system planning, and policy.

You will also learn about the technical concepts, key data metrics, and language used within the electricity industry. For those who need to develop strong and practical expertise in the energy industry, this course provides a foundational background and training in energy industry fundamentals.

Who Should Participate

Managers, executives, and staff at power generation companies (including renewables)

Renewable-energy project developers and firms moving into new technologies

Regulators, government policy/energy department personnel, and consultants working in energy markets

Investors, banks, super-funds, and asset managers

Major energy users (large-scale industrial or commercial consumers)

Lawyers, advisers, and contract professionals supporting the energy industry

Professionals from utilities (transmission/distribution) and new entrants to the electricity sector

Key Benefits

Overview of the electricity industry fundamentals in Australia

Key power generation and storage technologies

Design of the National Electricity Market (NEM), including trends and challenges in the transition to clean energy

System planning and energy policy

Retail market design and trends

Risk management using contracts and derivatives

Network and ancillary services in the NEM

Value of flexibility in the energy transition