OG4TED - Electrical Power Markets and Deregulation
| Course specification | ||||
|---|---|---|---|---|
| Course title | Electrical Power Markets and Deregulation | |||
| Acronym | OG4TED | |||
| Study programme | Electrical Engineering and Computing | |||
| Module | Power Engineering | |||
| Type of study | bachelor academic studies | |||
| Lecturer (for classes) | ||||
| Lecturer/Associate (for practice) | ||||
| Lecturer/Associate (for OTC) | ||||
| ESPB | 5.0 | Status | elective | |
| Condition | ||||
| 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. | |||
| Contents | ||||
| 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). | |||
| Literature | ||||
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| 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 | |
| Projects | 0 | |||
| Colloquia | 0 | |||
| Seminars | 0 | |||