Electricity Transmission Planning and Pricing

About the Course

The electricity transmission system plays a vital role in ensuring efficient power delivery across vast networks, supporting the economic infrastructure of industries, businesses, and households. As the energy landscape continues to evolve with the integration of renewable resources, energy storage, and advancements in grid technology, understanding the intricate workings of transmission systems is more important than ever. Effective planning, operational management, and the development of resilient pricing models are essential for maintaining grid stability and optimising capacity while meeting growing energy demands. This 5-day Electricity Transmission Planning and Pricing training course offers professionals the opportunity to gain in-depth knowledge of the core principles and practical strategies involved in managing and planning transmission systems. It is designed for individuals who want to develop a comprehensive understanding of transmission networks, grid operation, and pricing strategies within the context of modern energy systems, covering the essential components of transmission system planning, including capacity expansion, grid reliability, and long-term investment strategies.

Delegates will learn how to navigate complex regulatory environments, address challenges posed by emerging technologies, and implement effective pricing strategies that reflect market demands and resource availability. Equipping delegates with the necessary tools and insights will enable them to make informed decisions in a rapidly changing industry. They will gain valuable skills that are directly applicable to their roles in the energy sector and explore the key factors influencing transmission pricing, how to optimise transmission infrastructure, and the strategies necessary to balance cost-effectiveness with reliability and sustainability. With a focus on practical knowledge and the latest industry trends, delegates will be empowered to contribute effectively to their organisations, ensuring they can tackle the challenges and opportunities presented by the future of electricity transmission. It is an invaluable resource for professionals involved in transmission system management, grid planning, and pricing, offering them the skills to stay ahead in the ever-evolving energy sector.

Core Objectives

The delegates will achieve the following objectives:

• Understand the core principles of electricity transmission systems and their role in the overall power grid
• Analyse transmission system planning processes, including capacity expansion, grid reliability, and investment strategies
• Evaluate various regulatory frameworks and their impact on transmission pricing and system operations
• Apply pricing models and methodologies to optimise transmission cost structures and maintain grid stability
• Assess the effects of renewable energy integration and emerging technologies on transmission system planning and pricing
• Design strategies for managing transmission infrastructure to balance cost-effectiveness, reliability, and sustainability
• Synthesize industry best practices in transmission planning and pricing to enhance operational efficiency and future-proof infrastructure

Training Approach

This training course will utilise a blend of instructor-led sessions, group workshops, and interactive discussions to ensure a comprehensive understanding of electricity transmission planning and pricing. Delegates will engage in problem-solving exercises, drawing on their existing knowledge to analyse real-world scenarios. The approach will also include expert-led presentations to offer a strategic perspective on industry practices and regulatory requirements.

The Attendees

This training course is designed for professionals involved in the planning, operation, and regulation of electricity transmission systems, including engineers, analysts, managers, and policymakers who seek to deepen their understanding of electricity transmission networks and their economic impact, focusing on both technical and regulatory aspects of the industry.

It will be beneficial to professionals in, but not limited to, the following fields:

• Transmission Planning Engineers
• Energy System Analysts
• Utility Managers
• Power System Operators
• Project Managers
• Sustainability Managers
• Power Grid Maintenance Professionals
• Strategic Energy Planners
• Environmental and Energy Policy Makers
• Energy Finance Professionals
• Electrical Engineers in Power Networks

Daily Discussion

DAY ONE: OVERVIEW OF TRANSMISSION GRID PLANNING

• Overview of Transmission Grids
• Key Drivers of Transmission Planning
• Transmission System Design for Reliability & Efficiency
• Regulatory Frameworks in Transmission Planning
• Role of Stakeholders in Transmission Planning
• Transmission Pricing Fundamentals

DAY TWO: TRANSMISSION MANAGEMENT CHALLENGES AND SOLUTIONS

• Impact of Renewables on Transmission Systems
• Grid Flexibility and Stability Challenges
• Solutions for Transmission Congestion
• Smart Grid Integration and Advanced Metering
• Role of Energy Storage in Transmission Management
• Real-Time Transmission Operations and Control

DAY THREE: INTEGRATED PLANNING FOR THE ENERGY TRANSITION

• Planning for Renewable and DER Integration
• Tools for Effective Renewable Integration
• Grid Decarbonisation and Planning for Low Carbon Future
• Electrification of Industry and Transportation Systems
• Long-Term vs Short-Term Planning for Energy Transition
• Regional Transmission Expansion and Coordination

DAY FOUR: TRANSMISSION PRICING IN COMPETITIVE MARKETS

• Transmission Pricing Models in Competitive Markets
• Cost Allocation and its Impact on Market Efficiency
• Pricing for Transmission Congestion Management
• Impact of Transmission Tariffs on Energy Markets
• Pricing Strategies for Renewable Energy Integration
• Transmission Pricing Reforms and Policy Updates

DAY FIVE: INNOVATIONS IN TRANSMISSION PLANNING AND PRICING

• Coordination Between Transmission and Generation Systems
• Cross-Border Planning and Regional Cooperation
• AI and Data Analytics for Transmission Planning
• Emerging Transmission Pricing Models
• Role of Storage and Demand Response in Pricing
• Global Best Practices in Transmission Planning