NYISO Offers Market Training Opportunities

RENSSELAER, N.Y. (10/19/2011)(readMedia)-- The New York Independent System Operator (NYISO) will offer two opportunities in November for individuals to learn more about New York's competitive wholesale electricity markets and power system operations.

On Tuesday, November 1, 2011, the NYISO will offer an introductory Market Overview Course. Recommended for those with less than a year of energy industry experience, this course provides attendees with a general overview of all aspects of the wholesale electricity markets in New York and includes segments on power system operations, market pricing and power contracting.

The cost of this course is $400, with a government rate of $50. A continental breakfast and lunch will be provided.

A more in-depth, four-day Market Orientation Course will be offered on November 15 -18, 2011. This course is geared toward active or prospective participants in New York's wholesale electricity markets. Attendees will receive instruction in the purchase and sale of energy, capacity and related market products.

The registration fee for the Market Orientation Course is $1,450, with a government rate of $350. The fee covers the cost of the training sessions, materials and meals.

The NYISO is viewed as a model ISO. Since 1999, more than 1,200 visitors representing hundreds of companies and governments from 65 nations around the world have toured the NYISO power control center and received briefings on grid operations, wholesale electricity markets and power system planning. An independent review of the NYISO's first decade by Dr. Susan Tierney of The Analysis Group stated, "In many respects, the NYISO stands as a model of a well-functioning electric market that relies extensively on competitive markets to provide benefits to the state's electricity consumers."

"The NYISO takes great pride in administering a comprehensive and efficient set of markets and in the daily management and operation of New York's bulk electric system," said NYISO President and CEO Stephen G. Whitley.

All classes will be held in the Berle Conference Center at the NYISO's corporate headquarters located at 10 Krey Boulevard in Rensselaer, N.Y. To register for classes or view course materials, visit the market training section of the www.nyiso.com Web site at (http://www.nyiso.com/public/markets_operations/services/market_training/index.jsp).