COURSE OVERVIEW:

The global shift from vertically integrated monopolies to competitive electricity markets has fundamentally altered the technical and economic landscape of the power industry. This course provides an advanced exploration of the mechanisms of electricity deregulation, focusing on the complex relationship between market dynamics, grid stability, and regulatory oversight. Participants will analyze the structural transition toward unbundled services, where generation, transmission, and distribution are operated as separate entities to foster innovation, efficiency, and consumer choice.

The scope of this training encompasses the technical requirements for operating a reliable power system within a market-driven environment, including the role of Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs). It addresses the mechanics of energy pricing, such as Locational Marginal Pricing (LMP), and the operation of day-ahead and real-time markets. The curriculum provides a framework for understanding how competitive pressures influence asset management, grid expansion, and the integration of large-scale renewable energy and storage technologies.

Coverage includes the analysis of market power, congestion management, and the provision of ancillary services—such as frequency regulation and spinning reserves—in a deregulated framework. Attendees will explore the legal and policy drivers behind deregulation, examining various international case studies to identify best practices for maintaining system reliability during market transitions. By bridging the gap between electrical engineering and energy economics, the course equips professionals to navigate the complexities of modern power markets while ensuring that technical grid requirements are never compromised by economic incentives.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Describe the structural evolution from monopolies to deregulated power markets.
• Analyze the roles of ISOs, RTOs, and Market Operators in grid management.
• Interpret the mechanisms of Locational Marginal Pricing (LMP) and congestion.
• Evaluate the impact of deregulation on power system reliability and planning.
• Analyze the operation of Day-Ahead, Real-Time, and Capacity markets.
• Describe the procurement of ancillary services in a competitive environment.
• Identify the technical challenges of Third-Party Access (TPA) to the grid.
• Analyze the economic and technical impacts of Distributed Energy Resources (DERs).
• Evaluate strategies for mitigating market power and ensuring fair competition.
• Interpret the regulatory frameworks and "Grid Codes" of deregulated systems.
• Analyze the risk management strategies used by market participants.
• Assess the future of "Retail Choice" and smart-metering in energy markets.

TARGET AUDIENCE:

This course is intended for Utility Executives, Power System Planners, Regulatory Specialists, Energy Traders, and Technical Managers involved in the operation of deregulated power systems.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.