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Introduction to Energy Market Fundamentals and Emerging Trends - 1 PLACE REMAINING

  • Date(s)
    Thursday, 19 October 2017
  • Time(s)
    9:30 AM - 5:00 PM
  • Venue
    Engineers Ireland, 22 Clyde Road, Ballsbridge, Dublin 4, Ireland
  • Fee

    Members: €345
    Non-Members: €395

    NOTE: You can only book online using credit or debit card details.  If your preferred method of payment is by invoice / purchase order / bank transfer / other, please contact the CPD Training Team on 01-6651305, or email cpdtraining@engineersireland.ie to secure a place.

  • CPD Credit
    7 hours   C2

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Course aim

To provide participants with the broad overview of the energy landscape, its fundamentals and the evolving factors that will change the energy sector in Ireland and globally.

Course overview

The energy industry is evolving at a record pace. With technological innovation and industry structure changing constantly, risks and opportunities within the sector are becoming more challenging for players to manoeuvre.

This course is designed to provide a wide breadth of energy issues, including the fundamentals and evolving factors within the energy supply chain, policy and regulation, market structure, economics and the emerging trends in technologies, consumer behaviour and business models. The course primarily focuses on the electricity sector, however due to the increasingly integrated and complex energy systems, the course will also include energy requirements impacting heating and transport sectors.

Course objectives

After the course, the participants should be able to:

  • Understand the fundamentals of energy market, including its supply chain, economics and regulation.
  • Understand the economics of electricity wholesale price formation.
  • Gain a basic overview of Ireland’s Single Electricity Market (SEM), as well as a brief overview of the new I-SEM (Integrated – Single Electricity Market) and GB’s British Electricity Trading and Transmission Arrangements (BETTA).
  • Understand the basic economics of the complete supply-chain of electricity, from generation, transmission, distribution to retail supply.
  • Undertake economic evaluation of electricity generation projects including grid-connected projects and on-site generation (distributed generation such as Combined Heat and Power, Solar PV etc.) by utilising economic/financial measures such as levelised cost of energy, net present value, payback and internal rate of return.
  • Understand Ireland’s decarbonisation targets and options available to policy makers.
  • Gain an overview of the emerging trends in technologies (status of various technologies including wind, solar, battery storage, biogas, electric transport, heat pumps, carbon capture and storage, ocean etc.).
  • Gain an appreciation of the changing energy landscape and potential impacts for business and residential energy supplies.

Who should attend?

Consulting Engineers, Civil Engineers, Local Authority Engineers, Environmental Consultants and all those interested in gaining more insights in the energy sector.

Trainer's profile

Eric Khoo – Senior Consultant – Strategic Advisory, ESB International

Eric has over 17 years’ experience within the energy sector involving engineering, commercial and economic capacity. Eric has a BEng in mechanical engineering and is a member of Engineers Ireland (MIEI). He also qualified with an MBA and is a charterholder of Chartered Financial Analyst (CFA).

He is currently a senior energy consultant in strategic advisory services within ESB International. His advisory scope include utilities business and operating models, commercial/market due diligence and regulatory/policy analysis. He has also delivered on energy sector public and in-house courses to engineers and mid-level managers within energy companies in Europe, Africa, Asia and Latin America. 

Make a Booking

19 October 2017

TERMS AND CONDITIONS

Confirmation is subject to event fee being finalised. Cancellation fees calculated at 50% of the estimated total bill will be charge for confirmed bookings cancelled less than 5 working days prior to the date of the planned event. A replacement person can attend instead. Cancellations made the day prior to an event will be charged 75% of the total estimated bill. No-shows will be charged the full fee. All cancellations must be confirmed in writing by email. Engineers Ireland will not be liable for any costs in the event of a course being re-scheduled.  This applies, but is not limited, to any travelling, subsistence or consequential expenses incurred by delegates.

TRAINING PROVIDER

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