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Power Certification (ACP-PW) PDF Print E-mail

Allegro-University-LogoThe Allegro Power certification assesses your ability to utilize Allegro software to solve real-world business situations/scenarios involving power.

Exam Number: PW999.1 Power Certification v1
Exam Price: $375 USD
Exam Registration: contact training@allegrodev.com
Duration: 4 hours
Format: Hands on using personalized testing database
Number of Questions: 11
Passing Score: 80%

Recommended Training and Preparation

The scenarios in this certification assume you have experience in either implementing or using Allegro 8 for power.

(all course version 8.0 unless otherwise noted)

PW201 Contract

In this course, is designed to be the first course a Power professional should take.   Participants will first learn how to navigate the Allegro UI as well as how to use the Contracts component to capture and manage all power contract-related information throughout the entire contract management lifecycle.  Participants will learn how to:

  • Navigate the Allegro Application
  • Create counterparties
  • Create contracts
  • Perform contract approvals
  • Manage contract changes and amendments
  • Configure key contract parameters
Duration: 70 minutes
PW202 Price

This course explains the setup and use of index pricing including composite indexes.   After completing this course, the participant will be able to:

  • Create a price index
  • Identify key power related price index attributes
  • Capture price values for indexes capturing prices at a hourly, half-hourly or quarter-hourly frequency
  • Create a price composite index
Duration: 30 minutes
PW203 Trade Execution

This course will give participants the knowledge and skills they need to capture power deals.  Participants will learn how to:

  • Identify power specific elements on the Trade Execution view
  • Setup and capture physical & financial trades
  • Configure load shaped deals
  • Capture transmission deals
  • Approve trades
  • Generate, submit and confirm trades
Duration: 60 minutes
PW301 Generation

In this course, participants will learn how to use Allegro’s Generation component to configure generating plants and units, dispatch generating units to meet desired volumes and capture generation resource transactions. After completing this course, participants will be able to:

  • Capture generation transactions
  • Configure generation plants
  • Configure generating units
  • Generate generation unit economic dispatch
  • Capture generation resource trades
  • Capture trades based on unit contingencies
Duration: 45 minutes
PW302 Power

This course provides participants with the skills necessary to configure power referential data including power regions, control areas, points, time blocks and transmission parameters. After completing this course, participants will be able to:

  • Configure power parameters
  • Capture power trades
  • Capture load shaped trades
  • Capture transmission trades
  • Perform power scheduling
  • Linking and adjusting power positions
  • Create and manage power schedules
  • Balance pool positions
  • Valuate physical power positions
  • Capture actual power measurements and allocate to positions
Duration: 175 minutes
PW302.1 Power

This course provides participants with the skills necessary to configure power referential data including power regions, control areas, points, time blocks and transmission parameters. After completing this course, participants will be able to:

  • Configure power parameters
  • Capture power trades
  • Capture load shaped trades
  • Capture transmission trades
  • Perform power scheduling
  • Linking and adjusting power positions
  • Create and manage power schedules
  • Balance pool positions
  • Valuate physical power positions
  • Capture actual power measurements and allocate to positions

Version: 8.1
Duration: 175 minutes

PW303 Retail Power

Participants will learn how to use the Power Retail component to support power retail operations for demand forecasting, sales, usage measurement, allocation, and balancing. After completing this course, participants will be able to:

  • Configure Allegro Power Retail parameters
  • Review, add and edit retail power demand usage
  • Create short and long term demand forecasts
  • Review and evaluate power management
  • Review and refine historical forecasts
Duration: 60 minutes
PW304 FERC Connect

This course teaches the public utility and power marketers how to use FERC Connect component to create the US Federal Energy Regulatory Commission (FERC) EQR Report. After completing this course, participants will be able to:

  • Configure Allegro for FERC EQR reporting
  • Perform EQR business processes including
  • Create the EQR statement
  • Create the EQR CSV file
  • Submit the EQR to the FERC
  • Modify a previously submitted EQR
Version: 8.1
Duration: 30 minutes
PW305 Emissions

This course is designed to teach the participant how to use the Emissions component to capture, review and manage emissions and renewable energy trades. After completing this course, participants will be able to:

  • Configure the Emissions component
  • Capture emission and renewable trades
  • Review emissions and renewable trade due dates
  • Manage physical generation and demand positions
  • Edit, update and manage positions
  • Evaluate position reports
  • Actualize energy measurements
  • Reconcile compliance requirements
Version: 8.1
Duration: 115 minutes
PW312 NETA Connect

This course will provide the participant the knowledge to use the NETA Connect component to interface with NETA. Participants will learn how to:

  • Configure NETA Connect
  • Create NETA market bilateral trades
  • Notify NETA energy contract volumes
  • Receive NETA ECVN acknowledgement and rejection and market reports,
  • Synchronize Allegro positions to NETA volumes
  • Process NETA volume disputes.
Duration: 55 minutes
PW401 Settlement

This course provides an overview of how to accurately settle and invoice power transactions. Participants learn how to:

  • Setup Settlement parameters
  • Validate and confirm settlement records
  • Generate and analyze accruals and create tax rates
  • Manage and monitor receipt and payment of vendor invoices
  • Receive customer invoices and to path outstanding balances
Duration: 90 minutes

 

Exam topics

Contracts

  • Create counterparty
  • Create contract (physical power)

Price

  • Set commodity price indexes
  • Set current prices
  • Set forward prices

Generation

  • Configure plant locations
  • Capture generation resource trade
  • Create and review short positions at a plant
  • Economically dispatch units to meet desired short position
  • Manage default plant and unit operating characteristics
  • Review economic dispatch results

Power

  • View existing transmission position
  • Configure control area/point balancing
  • Balance pool positions
  • Book-out coincident transactions
  • Capture real time trades to balance position
  • Evaluate physical power position
  • Receive and process a nerc etag curtailment
  • Review existing transmission positions
  • Review tagged positions
  • Allocate power measurements to trade positions
  • Create a measurement statement
  • Update allocated power measurement quantities

Power Retail

  • Add/edit historical demand consumption
  • Review historical demand consumption
  • Update actual demand consumption
  • Create a long term retail demand forecast
  • Create a short term retail demand forecast
  • Review forecasted demand consumption
  • Allocate retail measurements to actualize volume

Settlement

  • Using Process Manager to generate settlement transactions
  • Resolve contract, pricing, quantity issues
  • Confirm settlement validation
  • Create accounts payable invoice
  • Create accounts receivable invoice

Trade Execution

  • Configuring trade parameters
  • Create a new OTC trade
  • Capture a shaped physical power trade
  • Capture a transmission reservation trade
  • Capture a unit contingent trade
  • Set variable pricing
  • Set fixed pricing
  • Set power logistics
  • Approving trade