Overview of the Electric Power Industry (WEBINAR)

In Overview of the Electric Power Industry , you'll learn ...

• A brief history of how the electric power industry developed
• Important terms used to describe electricity use
• The structure of the electric power market
• The components of an electric power system and a detailed description of each component
• Present and future issues facing the electric utility industry

Overview

The National Academy of Engineering declared “Electrification is the greatest technical achievement of the 20th Century”. During the 20th century the electric power industry grew from a few disparate electric systems into three “grids” that encompass the entire continental United States. This webinar explains how the electric power industry was created, the players, and how the industry operates and is regulated.

During the webinar we will delve into the details to the three components of the electric power industry: namely, Generation, Transmission, and Distribution.

In the Generation section the major forms of electric power is discussed along with its advantages and disadvantages. The section on Transmission focuses on reliability and security of the electric grid. The distribution section covers the operational aspects of an electric utility including the equipment used in distributing power, how reliability is measured, and how energy consumption is measured.

The final section of this webinar reviews some of the current issues affecting the electric power industry including how to integrate renewable into the system, physical and cyber threats and the emergence of microgrids.