How This Seminar Works
	1. This live seminar consists of two 90-minute, high quality conference calls combined with your choice of printed or Internet-posted slides. 2. The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can view the slides on the Internet if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider. 3. A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen. 4. A professional moderator will manage the seminar teleconference and there will be ample opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

Energy and electricity companies worldwide depend on accurate information about the risks and opportunities facing day to day decisions. Statistical analysis is frequently misapplied and many companies find that "a little bit of knowledge is a dangerous thing." In this course we examine the introductory principles of statistical analysis as a foundational course for energy applications. The course focuses on those foundational principles that are most used in energy analytics and serves as the foundational course for more advanced more the advanced application courses in this series. Click Here to Register

Learn These Keys to Success:

• How to use correlation and regression analysis for maintaining a competitive edge.
• Principles of probabilistic vs. deterministic thinking in successful capital investment decisions.
• The analyst tool box in forecasting future opportunities and risks.

Seminar Agenda

The Basics of Deterministic vs. Probabilistic Thinking in Deregulated Markets

•           Means vs. Standard Deviations
•           Distribution Shapes
•           Confidence Intervals
•           Probability
•          Simulation

Correlation and Regression Analysis for Maintaining the Competitive Edge

•           Univariate and Multivariate Analysis
•           Hypotheses Testing
•           Testing for Equal Means and Variances
•           Control Charts

The Energy Forecasting Toolbox

•           Historical Trend Analysis
•           Univariate Time Series
•           Multivariate Time Series
•           Econometric Models
•           Bayesian Estimation
•           End-Use Models
•           Engineering or Process Models
•           Optimization
•           Network Models
•           Simulation
•           Game Theory
•           Scenarios
•          Surveys

Your Instructor

Kenneth Skinner, Ph.D. –Dr. Skinner is Vice President and Chief Operating Officer of Integral Analytics (IA), an analytical software and management consulting firm focused on operational, planning, and market research solutions. Reaching every aspect of the energy industry, the IA proprietary analytical, programming and statistical methods allow clients more precise valuation, faster and more affordably. Dr. Skinner has over 15 years of energy industry experience including 5 years as the Derivative Structuring Manager for Sempra Energy Solutions, a national energy supplier, focused on developing retail commodity supply strategies including portfolio risk management, hedging strategy, and least-cost supply opportunities. Having worked with several energy consulting companies including Summit Blue Consulting, RDI Consulting and PHB Hagler Bailly, Dr. Skinner has significant experience in economic analysis and modeling of energy assets including development of portfolio VaR models, structured valuation of distributed generation and electricity and natural gas commodity transactions, financial risk assessment and valuation of energy hedging strategies.

Who Should Attend this Seminar

The course is designed for those who desire a fundamental understanding of this vital topic including utility employees, commission staff, energy service professionals, and others. The course is designed to provide a solid understanding of the principles and terminology of EE and DR programs, and provide an introduction to the advanced analysis techniques and models that are used by program planners and evaluators. The course is not overly analytical, but rather summarizes these important techniques used by DSM professionals.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 10,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Prerequisites

This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.

Registration Fee