PEE 80713-5 Advanced Professional Electrical Engineering in Electricity Market

The practice of Advanced Professional Electrical Engineering, with specialized field in Electricity Market, consists of highly advanced knowledge and skills in the complex applications of power systems operations combined with electric utility economics. The trading of electricity encompasses demand- supply projections, real-time price clearing, generation dispatch, revenue metering and financial settlements employing specialized Information Technology.
The practice requires a highly advanced degree of independence due to the multi-disciplinary nature of the processes involved in the trading and the rigorous rules and procedures which are subject to regulatory oversight and surveillance. The rules and procedures themselves are also subject to constant review and revisions since the market is continuously evolving.
The practice also requires an in- depth working knowledge of applicable codes, regulations, rules and procedures which are subjected to constant review and revisions as the market evolves, acting as resource speaker or subject matter expert in conferences involving Electricity Market.
The Specialty practice grants the authority to provide consulting services on Electricity Market, to sign and seal necessary reports and other technical documents.