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 and nodal pricing. 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. The course is given in English.
Compulsory assignments
- Regne- og dataøvinger
Further on evaluation
If there is a re-sit examination, the examination form may change from written to oral.
Recommended previous knowledge
TET4155 Infrastructure for Energy Transmission and Distribution
TET4135 Energy system planning and operation
or similar.
Course materials
Text book and additional material provided during the course. PowerPoint presentations.
Credit reductions
| Course code | Reduction | From |
|---|---|---|
| SIE1065 | 7.5 sp |
Subject areas
- Electrical Power Engineering
- Technological subjects
- Economics
Contact information
Course coordinator
Lecturers
Department with academic responsibility
Examination
Examination
Ordinary examination - Spring 2019
Written examination
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.