Director Training: BL 960 – Value of the Generation, Transmission and Distribution Relationship

BLC Class 960.1 – Value of the Generation, Transmission, and Distribution Relationship

This course is designed for all electric cooperative directors and CEOs. It places particular emphasis on directors and CEOs selected by their boards to serve on the G&T’s board. Given the complexity of today’s electric industry, all directors and CEOs should have a holistic understanding of the challenges and risks faced by G&Ts in their mission to provide their member systems with reliable and economical power supply. This fast-paced, dynamic and interactive course features practical discussions about the G&T board’s oversight responsibilities and how those responsibilities differ from those of the distribution board.

KEY TOPICS

• The “what” and “why” of generation & transmission power cooperatives and their role in providing reliable, responsible, and economical electric energy to their member systems.
• The scale and complexity of G&T financials, regulatory issues, legal issues, costs, and other challenges faced by G&Ts.
• What are the value-added services provided by the G&T and how can they benefit the distribution system.
• How to navigate the fiduciary duty of the distribution cooperative director serving on the G&T board.