Understanding Smart Grids Electrical Engineering – ICT Technologies – Energy Economics 1 - 3 December | Monash Conference Centre | Melbourne

Understanding Smart Grids Electrical engineering – ICT technologies – Energy economics 1 - 3 December | Monash Conference Centre | Melbourne

This three day training course is the most comprehensive course covering smart grids today and has been developed to educate energy market professionals and observers in all aspects of smart grid technology and economics

By attending this course, you will:

• Understand the fundamental electrical engineering processes enabling smart grids

• Discover how ICT technologies are revolutionising the way in which electricity market stakeholders can interact

• Analyse the energy economics driving this transition and implications for future energy markets

Organised by:

Information Technology

In association with: Understanding Smart Grids This three day course has been designed specifically to educate energy industry professionals and observers in the key aspects of Smart Grids, including ICT technologies, electrical engineering and energy economics. Pulling together five industry experts across three days to cover each of these aspects, this course is the most comprehensive review of smart grids available today. If you work within in Australia’s utilities sector or have clients in the sector, then this is your opportunity to get an in-depth knowledge of smart grid technologies, operations and economics so you can make informed business decisions.

Topic overview Electricity provision in Australia and around the world is undergoing a profound transformation driven by new technologies, increased demand for fossil fuels in the developing world, and climate policies. The smart grid paradigm encompasses the technological components of this transformation whereby new technologies such as solar panels and batteries will integrate with the existing grid. Enabled by new information and communication technologies this provides utilities with more efficient ways to manage their infrastructure and can provide consumers with the ability to participate fully in the energy market. Together this will lead to a more flexible and economically efficient system that can also better accommodate and even benefit from new technologies such as electric vehicles and renewables. Prior knowledge Assuming minimal prior knowledge, this course provides complete coverage of the key ICT, engineering and economic aspects of smart grids at a fundamental level. However it is also highly suitable for those who have already had some exposure to the market and are looking to update their knowledge with the latest market developments. Course description Several motivating factors are emerging as key considerations in electricity production and delivery. These being energy security, empowered consumers and climate change. These factors are driving fundamental changes in the way that energy is generated, managed and distributed. Smart grids are emerging as the technology able to address the demands of a changing energy provision landscape. This includes support for electric vehicles, distributed renewable energy supplies, and improvements in operational support of the grid. Professionals with the right mix of power engineering, Information & Communications Technology (ICT) and economics knowledge are critical to support the development of energy infrastructure, services, and the consumer interest in Australia. This unique combination of skills is presently not readily accessible available to industry. The Smart Grid Course will address this skills shortage and is jointly conducted as a collaborative effort between Monash University, NICTA (National ICT Australia), UNSW and IBM. The course will address several key topics in power engineering, energy economics, and ICT, as well as the convergence of these technologies into smart grids. At the end of an intensive 24-hour, 3-day session, participants will have the advanced knowledge and skills to incorporate smart grid insights or technologies into their future work. The attendees will also have the unique opportunity of being some of the first to gain an inside look at the outcomes of the recently completed $100 million Smart Grid Smart City project in NSW (www.smartgridsmartcity.com.au). Who should attend? This 3-day course is specifically designed to give a comprehensive coverage of all aspects of the smart grid to professionals who need to understand the developments and opportunities in this field. This includes: • Electricity industry staff from all parts of the supply chain including distributors, generators, transmission operators and energy retailers • Economic and technical regulators covering the energy industry, as well as state and federal energy policy specialists and advisers • Commercial and industrial consumers’ key decision makers such as procurement managers, sustainability managers and energy managers • Associated professional service firms including lawyers, accountants and consultants • ICT industry professionals exploring future opportunities in the energy and smart grids space • Consumer, climate and other energy policy advocacy professionals Module outlines and detailed course overview: Course Day One: Monday 1 December

Module 1 Module 2 Module 3 Module 4 Power systems Introduction to Electricity Grids Power Market fundamentals Smart Grids n Traditional grid structures Economics n Electricity networks and their n Smart grid concepts and – architecture and n Electricity supply-chain main subsystems. definitions components. economics; where do the various costs come from? n Historical developments and n Smart grid drivers n Performance criteria for a market deregulation. grid – safety, technical and n Designing wholesale electricity n Smart grid benefits. operational performance markets: what is better? n Supply and demand issues n What is and what is not (voltage, quality of supply, Energy only, or capacity n Electricity markets and smart grid. law, regulation). markets? regulatory bodies in Australia. n Smart grid opportunities n Meeting performance criteria n Role of prices as signals to n Key components of electricity and challenges. for generators, transmission the consumer. grids and the way such grids lines, planning criteria, and n Technology sectors required n Transmission economics are designed and managed. physical processes. to deliver the smart grid. and congestion pricing. n n Industrial standards and Performance constraints in What should we have? smart grid. load characteristics, dynamic Regulated or entrepreneurial and transient responses, interconnectors. transmission line effects, and n Evolution of the Australian non-physical (regulatory and National Electricity Market. planning). Some surprises and n Control mechanisms in unexpected consequences. frequency as the ‘glue’, grid n Derivatives markets, and stiffness, voltage regulation, futures trading for hedging system stabilization. and risk management. n Transition to ‘smartness’ n Carbon and renewable – historical context, influence certificate markets. How does of new and existing constraints. carbon really affect electricity prices? n Transmission expansion planning and its interaction with the new gas markets.

Course Day Two: Tuesday 2 December

Module 5 Module 6 Module 7 Module 8 Economic Regulation Smart Grid Economics Anatomy of a Smart Delivering the of Networks n Setting efficient (cost Grid Architecture Smart Grid n What are the objectives of reflective) prices for the n Overview of major aspects, n Smart grid vision and target network regulation and how smart grid use of system components, and layers of architecture. do these objectives interact and connection – volume, a smart grid architecture. n Smart Grid Maturity Model. with market design? capacity, location, time. n Devices, sensors, and n Smart grid strategy. n What is the form of network n Customer propositions communications. regulation used in Australia, – TOU, CPP, automatic n Implementation roadmap. n Integration and data and why have we developed control (including role of dissemination. n Pilot and foundational this type of regulation? smart meters). projects. n Grid aware applications. n Regulatory specifics – open n Equity and distributional questions on risk and impacts – cross subsidies n Key user groups and ownership in building block and who pays? processes. regulation. n Disaggregated value chain n How do we design network – retailers, networks, regulation that can deal with aggregators – split incentives the development of smart – realising value. grids (and will we get there)? n Grid level smart solutions – e.g. storage, sub-station automation.

Course Day Three: Wednesday 3 December

Module 9 Module 10 Module 11 Module 12 Modern Loads and Power Systems Informatics for Australian Smart Grid Modern Sources Operation and Distribution Systems Smart City Case Study n Modern generation sources Substations n Power quality issues and n The potential for smart such as photovoltaics (PVs), n The various operating states distribution networks. metering in Australia and the wind turbines, microturbines, Smart Grid Smart City of a power system. n Power quality monitoring and fuel cells, etc. (SGSC) experience. n Fundamentals of diagnostics techniques. n Current developments n SGSC experiences of transmission and distribution n Power quality solutions. associated with modern lines, reactive power constraints and challenges n loads such as electronics and compensation. Advanced technologies and establishing smart metering. phase measurement plugged-in electric vehicles. n n Utility-level power electronics techniques for transmission The underlying business n Developments in utility level including FACTS and HVDC and distribution networks. requirements of metering. energy storage technologies. technologies. n Communications needs for n Industrial standards and n n a smart grid. Power electronics interfaces Traditional protection power quality. for renewable energy concepts. n Telecommunications sources, modern loads and n Traditional SCADA concepts. technologies and options energy storage systems. available in building a smart n Automation – sectionalisers n The concepts of microgrids. grid solution. and reclosers. n What approaches were taken n Electricity internetworking. in the SGSC and why? n Systems – protection, control, measurement and monitoring. n Configuration management. Course trainers:

Vassilios G. Stephen King Steve Hoy is the Agelidis is currently is Professor of global leader of a Professor in the Economics and group of engineering and Smart Grid School of Electrical co-director of the subject matter Engineering & Monash Business Policy Forum at experts in IBM’s Telecommunications Monash University in Energy & Utilities and Director of the Melbourne, Australia. He was Dean of the Centre of Australian Energy Research Institute Faculty of Business and Economics at Competency. He has over 30 years experience in engineering, IT and (AERI) at the University of New South Monash University from 2009-2011. strategy concentrating on the utilities Wales (UNSW), Sydney, Australia. Prior to joining Monash, Stephen was a sector, having started his career in the Professor Agelidis is one of Australia’s Member of the Australian Competition and early 1980s as a power engineer with leading authorities on efficient electricity Consumer Commission (ACCC), where he Sydney County Council (now AusGrid). grid technologies. He leads Australia’s chaired the Mergers Review Committee. His career has evolved from power largest and fastest growing research Stephen’s main areas of expertise are in engineering through SCADA and control team working on advanced energy competition economics, regulation and systems at Megadata and Honeywell, industrial organization. Stephen’s research conversion and system integration into mainstream enterprise IT solutions at has been published widely, including Logica, PwC Consulting and IBM. technologies. articles in major international economics Steve has advised on technology journals. He has edited and co-authored In 2004, Vassilios received the UK’s most strategy matters to over 50 utilities books on Australian economic policy prestigious research fellowship for a around the world, including all but two of including Unlocking the Infrastructure (with the distribution utilities in Australia. young researcher, the Advanced Rod Maddock) and Finishing the Job (with Research Fellowship from the Joshua Gans). Stephen is a part-time He has deep experience in technology Engineering and Physical Sciences Member of the Economic Regulation solutions in the areas of Smart Grids, Research Council. Formerly the Authority of WA, a Member of Australia’s Distribution Management and SCADA, Grid Analytics, Customer Information EnergyAustralia Chair of Power National Competition Council, and a Lay Systems, Metering and Market data Member of the High Court of New Zealand. Engineering at the University of Sydney, systems, Energy Trading, Asset and Professor Agelidis is a reviewer of He is also an Editor of the Economic Works Management solutions. His research proposals submitted to the Record, the journal of the Economics typical projects are IT strategy, planning Australian Research Council and the Society of Australia. Stephen has advised and assessment services particularly for numerous government agencies and Research Councils of Singapore, companies considering major systems private businesses and has provided Hong-Kong, Greece, Italy, UK, Chile, implementation projects. Steve expert testimony to the Courts, including in combines a strong understanding of Belgium and Canada. AGL v ACCC (2003), and TXU v ORG industry solutions with system integration (2001). Stephen received the University methods. He has a background in Medal from ANU for his undergraduate power engineering and real time studies in Economics. He has a PhD from controls. Harvard University and is a Fellow of the Steve is the author of IBM’s global point Dr Ariel Liebman is Academy of Social Sciences in Australia. of view on Grid Operations Systems and senior research fellow one of IBM’s leading thinkers on smart and Director of grids. He has published several papers Carbon Programs at on utilities IT and IBM recently registered the Monash Faculty a patent for one of Steve’s concepts in is of Information Dr Gill Owen grid analytics. His job takes him around Research Program the world supporting smart grid Technology. Ariel is Leader (consumers programs at many leading edge utilities. an energy systems economics specialist and energy markets) with experience across all aspects of the Steve lives in Sydney, when not in an at Monash aeroplane or a hotel, and tries to stay electricity supply chain. This includes Sustainability Institute grounded raising two teenage sons with deregulated power markets, network and a member of the his wife Michelle. He holds a Bachelor of regulation, smart-grids, and commercial Australian Energy Regulator’s Consumer Electrical Engineering from University of retail operations. His specialty is Challenge Panel. Gill has published NSW. modeling and simulation of electricity extensively on energy efficiency, electricity markets using high performance demand response and smart meters. Until her departure from the UK, in August computing platforms. 2012, Gill was also : Dr. Liebman holds a PhD in Physics and n a Non-Executive Director of the England NICTA (National has published on various aspects of the and Wales water regulator Ofwat; ICT Australia) is Australia’s electricity industry including impacts of n a member of Ofgem’s (Great Britain Information emission trading, real-options energy regulator) Consumer Challenge Communications Group for the Distribution and investment, and wholesale price Technology (ICT) Transmission Price Reviews; forecasting. Dr. Liebman has advised Research Centre of large energy utilities across Australia n a member of the UK Government’s Smart Excellence and the including Australia’s largest energy Meters Consumer Advisory Group; nation’s largest organisation dedicated to retailers, distribution companies, and n Vice Chair of the UK Government’s ICT research. NICTA’s primary goal is to others. He has collaborated with the Fuel Poverty Advisory Group. pursue high-impact research excellence CSIRO’s Energy Transformed Flagship, She was a Commissioner of the UK’s and, through application of this research, AGL Energy, and Energy Exemplar. Dr. Competition Commission for ten years to create national benefit and wealth for Liebman is a member of the Smart Grids until 2002 and was also previously a Australia. NICTA aims to be one of the world’s top ICT R&D centres. Australia R&D leaders working group. non-executive board member of Ofgem. REGISTRATION FORM Early Bird Discount Register before Yes! 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