Electrical Load and Energy Forecasting, Planning and Demand Side Management Course
Electrical and Power Engineering

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Electrical Load and Energy Forecasting, Planning and Demand Side Management Course
Course Overview:
The course provides the learners with in-depth insights into the concepts of energy financing, technology forecasting, and market trend analysis.
In addition, it covers such topics as load forecasting methods, energy demands, battery systems, and solar energy.
In addition, it analyses smart grid technology, applications of the Internet, and digital meters equipment, enhancing the ability of the students to meet contemporary energy related problems.
Target audience are managers and analysts of utility business, engineers, and a business innovation program, which provides for energy generation, transmission, and distribution, combining practical knowledge of the market with engineering skills.
Course Objectives:
By completing this training course, participants will be able to:
- Set Power System Planning Objectives
- Gain knowledge about Load Forecasting Methodologies
- Identify Factors affecting Load Forecasting
- Have a good understanding of different kinds of Short Term and Long-Term Planning
- Examine the principle of Energy supply & demand forecasting with a National and Regional perspectives
- Assess the market conditions that affect power and energy generation, transmission and distribution
- Understand the critical role of energy demand forecasting in the market
- Utilize the various methodologies and technologies to meet the challenges of energy demand forecasting
Who Should Attend?
This course is intended for members of utility personnel (Public & Private) Power System Sectors, Analysts, Consultants, and Others interested in learning about Energy Forecasting from qualified Experts. Those who are working as a Senior Managers & Engineers responsible for Energy Supply, Managers of Generation Plants, Transmission Operating Staff, Forecasting and Planning Engineers, Regulatory/Energy Professionals from Government Ministries as well as Power and Energy Companies
Course Outlines:
Bulk Electricity System
- Generation System
- Transmission System
- North American Electricity Reliability Council (NERC)
- STANDARDS and REQUIREMENTS
Energy Markets
- Real-Time Market
- Day-Ahead Market
- Bilateral Contracts
- Terms and Structures of Renewable Contracts
- FIT in Tariffs in Canada
- Physical versus Financial Transactions
- Generator Offers into Market
- Dispatchable Loads
Load Forecasting Methodology
- Weather Forecasts
- Simulation, Optimization, Sensitivity Analysis
- Forecasting Methodologies and statistical techniques,
- Neural-Net modeling, End-Use modeling, Metrix ND & LT)
- Weather Normalization and Probability Distribution Tools
Load Demand Patterns
- Short Term Load Forecasting Models: Operating Time Frame
- Long Term Load Forecasting Models: Planning Time Frame
- Weather Normal load forecasting
Volumetric Risk
- Weather Response
- Weather Derivatives
- How can data be used for decision making?
- What data will be needed in the future?
- What data should be collected (and analyzed) now?
Long Term Planning
- Reliability Criteria
- Generation Reserve Margin
- Loss of Load Probability
- Loss of Load Expectation
- Variable generation and their impact on the LOLP, LOLE
- Capacity Planning
- Renewable Generation
- Demand Management
- Case Study
Short Term Planning
- Day Ahead
- Real-Time
- Secure Islanding of Power Plants
- Operating Reserves in a System with Renewable Generation
System Controls for Power Quality for Demand
- Power Electronics
- Static VAR Compensators
- Voltage and VAR Control
- Smart Inverters
Demand Side Management and the Physical System
- Load Frequency Control
- Load Pricing Control & Load Shedding
Demand Side Management
- Energy Asset Programs: Integrate technical and financial elements under a single contract agreement
- Utility Service Agreement
- Customer Benefits
- Data Management and Analytics for Utilities
- Big Data: How can Data be used for Decision Making?
- Dispatchable Loads
Characteristics of Wind and Solar Power Generation
- Short Term variability of a Photovoltaic Plant
- Commercial
- Residential
- Impact of Renewables on the Demand Side
- Management Programs
- Adjustment Energy Cost
Energy Storage
- State of the art in energy storage
- Fly Wheels
- Type of Storage
- Electrical Vehicles
- Impact on Demand Side Management Programs
Smart Meter Infrastructure
- Smart Meters: its evolution
- Smart Meters: the new generation
- Metering Infrastructure Standards
- Advanced Metering Infrastructure (AMI)
Smart Meter Ecosystem
- Utility data analytics industry ecosystem
- Smart meters and advanced metering infrastructure
- (AMI) for energy storage
- Advanced grid Controls and Sensors
- Accessible energy data for end-use demand response
- Innovative policies and adaptive social infrastructure
- (still in development)
Interoperability
- Controllers for Local Energy Networks
- Residential Energy Management Systems
- Financial Impacts of Smart Energy Technologies
- The Transactive Energy Model
Advanced Grid Applications
- Components of Smart Enabling Demand Response
- Storage and Distributed Energy Resources
Architectural Platforms
- Roadmap and Architecture
- Centralized versus Un-Centralized Architecture
- Systems Interface Architecture
- Plug-In Electric Vehicle Charging Infrastructure
Internet of Things (of Everything) – IOT/IOE
- • Next Generation of IOT
- • Move from Thermostat to Full Control
- • The Future of IOT/IOE
Internet of Things World Forum Reference Model
- Why it impacts the DSM Programs
- Two Way Controls: Remote and at Home
- The Power of Virtual Devices
- SMART DEVICES
- Smart Home of the Future: Telecom, Energy, Health
- The Home as an Enterprise
- Data-Centric Architecture
- More Big Data
Semantic Technologies and the Internet of Services
- Business Objects
- Business Services in the Smart Grid