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NYISO Offers Market Training Opportunities

By: readMedia |

The New York Independent System Operator (NYISO) is offering an opportunity for individuals to learn more about New York’s competitive wholesale electricity markets and power system operations.

On March 11, 2014, the NYISO will conduct an introductory, one-day Market Overview Course at its Rensselaer, N.Y., headquarters. Recommended for those with less than a year of energy industry experience, this course provides attendees with a general overview of all aspects of the wholesale electricity markets in New York and includes segments on power system operations, market pricing and power contracting.

The NYISO also is offering an in-depth, three and one-half day Market Orientation Course, geared toward active or prospective participants in New York’s wholesale electricity markets. Attendees receive instruction in the purchase and sale of energy, capacity and related market products. The Market Orientation Course will take place on March 18-21.

Since the NYISO began operating New York’s electricity markets in late 1999, nearly 5,000 visitors representing hundreds of companies and governments, including more than 1,400 individuals from 85 nations, have toured the NYISO power control center to learn about NYISO grid operations, wholesale electricity markets and power system planning.

In the most recent State of the Market Report, the NYISO’s independent market monitor, Potomac Economics, noted, “The NYISO markets are at the forefront of market design and have been a model for market development in a number of areas.”

“The NYISO’s markets continue to evolve and improve,” said NYISO President and CEO Stephen G. Whitley. “Working in collaboration with market participants, stakeholders, regulators and policymakers, we focus on enhancing market efficiency, optimizing grid operations, implementing comprehensive system planning and integrating technological advances to provide consumers the benefits of competitive wholesale electricity markets.”

The cost of the Market Overview Course is $500, with a government rate of $250. A continental breakfast and lunch will be provided. The registration fee for the Market Orientation Course is $1,625, with a government rate of $750. The fee covers the cost of the training sessions, materials and meals. The registration deadline for the Market Overview Course is Thursday, February 27, and the deadline to register for the Market Orientation Course is Thursday, March 6. To register for classes or view course materials, visit the Market Training Course Catalog available on the NYISO website (www.nyiso.com).