Course - Power Markets, Resources and Environment - TET4185
Power Markets, Resources and Environment
About
About the course
Course content
Description of power markets with emphasise on the Norwegian/Nordic solution. System operation, tariffs and congestion management. Optimal power flow. Different models for energy and power market analysis. Risk management. Generation planning and trade in an open market. Consideration for recourses and the environment.
Learning outcome
The student shal gain knowledge about how deregulated power markets works, how generation planinng is done and how grid companies and the System Operatos attend to their responsibilities.
Learning methods and activities
Lectures, exercises, project, excursion(s). The course is given in English. If there is a re-sit examination, the examination form may change from written to oral.
Compulsory assignments
- Exercises
Recommended previous knowledge
Course TET4155 Energy Systems or the equivalent.
Course materials
From 2007 new textbook: "Power System Economcs. The Nordic electricity market", Tapir. PowerPoint presentations.
Credit reductions
| Course code | Reduction | From |
|---|---|---|
| SIE1065 | 7.5 sp |
Subject areas
- Electrical Power Engineering
- Technological subjects
- Economics