TET4185 - Power Markets, Resources and Environment
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.
Required previous knowledge
Course materials
From 2007 new textbook: "Power System Economcs. The Nordic electricity market", Tapir. PowerPoint presentations.
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| SIE1065 | 7.5 |
More on the course
Lecturers pageFacts
Version: 1
Credits: 7.5
Study level: Second degree level
Grade: Letters
Coursework
Term no.: 1
Teaching semester: SPRING 2012
Start: SPRING 2012
No.of lecture hours: 3
Lab hours: 4
No.of specialization hours: 5
Language of instruction: English
Examination plan
SPRING 2012
Examination arrangement: Written examination
Part: 1
Written examination , counts for 100/100
Examination aids: D
Examination date: 2012.22.05
Course coordinator
- Ivar Wangensteen
Lecturer(s)
-Department with academic responsibility
Department of Electric Power Engineering
Subject area(s)
- Electrical Power Engineering
- Technological subjects
- Economics
Contact information
Department of Electric Power EngineeringNTNU Gløshaugen
