course-details-portlet

TET4185

Power Markets, Resources and Environment

Credits 7.5
Level Second degree level
Course start Spring 2014
Duration 1 semester
Language of instruction English
Examination arrangement Written examination

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

Knowlege:
After completing the course, the student shall gain knowledge about:
- how deregulated power markets works
- how generation planinng is done
- how grid companies and the System Operatos attend to their responsibilities.

Skills:
The course shall enable the student to:
- do optimal power flow calculations (find nodal prices)
- do power market analysis by means of avilable models.

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

Course materials

From 2012 new edition of the textbook: "Power System Economcs. The Nordic electricity market", Tapir. PowerPoint presentations.

Credit reductions

Course code Reduction From
SIE1065 7.5 sp
This course has academic overlap with the course in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Other pages about the course

Subject areas

  • Electrical Power Engineering
  • Technological subjects
  • Economics

Contact information

Course coordinator

Department with academic responsibility

Department of Electric Energy

Examination

Examination

Examination arrangement: Written examination
Grade: Letters

Re-sit examination - Summer 2014

Written examination
Weighting 100/100 Date 2014-08-05 Time 09:00 Duration 4 timer Place and room Not specified yet.

Ordinary examination - Spring 2014

Written examination
Weighting 100/100 Date 2014-05-16 Time 09:00 Duration 4 timer Place and room Not specified yet.

All about examinations at NTNU