13E024TED - Electrical Power Markets and Deregulation

Course specification
Course title Electrical Power Markets and Deregulation
Acronym 13E024TED
Study programme Electrical Engineering and Computing
Type of study bachelor academic studies
Lecturer (for classes)
Lecturer/Associate (for practice)
Lecturer/Associate (for OTC)
    ESPB 5.0 Status elective
    The goal To Introduce the students to some basic power systems markets and deregulation principles and concepts.
    The outcome Thesaurus of keywords aimed at education of an engineer from economics and power engineering, for jobs at power markets, as a merchant or a broker, as a planner, as an engineer with the independent generators, with the power grid, in a control center, with the ISO, at the regulatory agency.
    URL to the subject page
    Contents of lectures Power system types with respect to deregulation. kWh as a commodity. Bilateral contracts, transactions and pool. Fair competition and market power. Power system network, security and congestion. ATC (Available Transfer Capacity). Ancilliary services. Power Exchanges (PX).
    Contents of exercises Network, security and ATC (Available Transfer Capacity).
    2. D. Kirschen, G. Strbac, "Fundamentals of Power System Economics", John Wiley and Sons, 2004, USA
    Number of hours per week during the semester/trimester/year
    Lectures Exercises OTC Study and Research Other classes
    3 1
    Methods of teaching Lectures.
    Knowledge score (maximum points 100)
    Pre obligations Points Final exam Points
    Activites during lectures 30 Test paper 70
    Practical lessons 0 Oral examination 0
    Colloquia 0
    Seminars 0