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 Register before 24 October to save over $300! Visit www.questevents.com.au 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