Online Learning: Courses

The Future of Electricity

This The Future of Electricity online course looks at the future of the industry through the trends that are driving it (climate change, decarbonization, decentralization, digitalization, customer expectations). These trends are driving evolution in four distinct areas: technology, customers, policy and regulation, and market structure. Each of these is addressed in detail. This module is also included in the Electric Industry Overview learning path.

What you will learn:

• The 5 key industry trends that are driving new business models and analyze their impacts
• How the expected evolution of technology will impact the industry
• The expected evolution of customers and how this will impact their interaction with utilities and retail marketers
• The roles of market participants under potential future market structures
• The various potential future utility business models

Following is a more detailed outline of content contained in The Future of Electricity online course.

Course content:

• Industry trends driving the transition (climate change, decarbonization, decentralization, digitalization, customer expectations)
• Technology evolution
  • Centralized generation sources
  • DERs
  • Virtual power plants
  • Energy storage
  • Supply and load flexibility
  • The hybrid and advanced grids
  • Advanced metering infrastructure
  • Communications and control
  • IT
  • Stages of grid modernization
  • Data management
• Customer evolution
  • Load growth
  • Electrification
  • Digitalization and smart devices
  • Changing customer focus
  • The transactive prosumer
  • Customer segmentation
• Policy and regulation evolution
  • Reliability and resilience
  • Affordability
  • Greenhouse gas emissions
  • Future utility earnings models
  • The future role of regulators
• Market structure evolution
  • Supply
  • Increasing customer choices
  • Service offerings
  • Market participation
  • Evolution to new business models

Contact us at 866-765-5432 or e-mail for more information.

Need CPE credits for this course? Click here.