Energy Economics in Electricity Markets

Download as PDF

Overview

Subject area

EE

Catalog Number

G3304

Course Title

Energy Economics in Electricity Markets

Description

Course Description The first part of this course reviews the electricity market stakeholders (regulators, operators, generating companies, utilities, customers? associations), the functions of these markets (procuring and delivering energy, ensuring reliability, infrastructure planning, etc.) and their evolving policy frameworks. In the second part, the most typical mathematical models for cost effective grid system operation, planning and expansions (linear approximations and convex relaxations to the AC Optimal Power Flow) will be presented and practiced in MATLAB. This course requires strong skills in mathematics and electric power system fundamentals.

Academic Career

Graduate

Liberal Arts

No

Credits

Minimum Units

3

Maximum Units

3

Academic Progress Units

3

Repeat For Credit

No

Components

Name

Lecture

Hours

3

Course Schedule