Course - Electricity Markets and Energy System Planning, Specialisation Course - TET4565
TET4565 - Electricity Markets and Energy System Planning, Specialisation Course
About
New from the academic year 2022/2023
Examination arrangement
Examination arrangement: Project Assignment
Grade: Letter grades
Evaluation | Weighting | Duration | Grade deviation | Examination aids |
---|---|---|---|---|
Project Assignment | 100/100 |
Course content
The specialisation course is aimed to explore the advanced aspects of electricity market design for ensuring power system operational flexibility. The course is divided into three modules as below:
- Optimisation techniques and hydropower scheduling
- Local markets and flexibility market design
- Integrated market and digitalisation of power systems
The first module deals with scheduling methods for the various scheduling phases (long, mid and short term) of hydro production. The second module will discuss the design of local electricity markets that allow flexibility trading, providing market access to DERs, a support tool for Distribution System Operators (DSOs) and a value stream for energy suppliers. Finally, miscellaneous topics on integrated electricity markets and digitalisation of power systems will be included in the third module. These topics would build on the background from the course TET4185 (Power Markets, Resources and Environment).
Learning outcome
The goal is to provide the student with an increased scope of understanding the practical relevance of power system and market participant needs, and its derivatives from a Research Perspective:
- To develop a working knowledge of some of the crucial issues of the Hydro Power scheduling.
- To formulate, analyse changes in the market environment and relavant regulations in local markets.
- To introduce current topics of the integrated market and discuss new possibilities that are unlocked by the digitalisation of the power systems.
Learning methods and activities
Lectures, and project assignment. The course is given in English.
Further on evaluation
Students are expected to work on a project related to the content of this course and based on their specialisation project topic. The problem should be first identified to perform a literature search and complete analysis. Student(s) (group/individual)) will prepare a report (5-10 pages). The grading will consist of both the project report and a presentation of the project (during the final seminar).
Specific conditions
Admission to a programme of study is required:
Electric Power Engineering (MSELPOWER)
Energy and the Environment (MIENERG)
Energy and the Environment (MTENERG)
Renewable Energy in the Marine Environment (MSREM)
Wind Energy (MSWIND)
Recommended previous knowledge
Subject TET4135 Planning and operation of energy systems or corresponding knowledge; Subject TET4185 - Power Markets, Resources and Environment or corresponding knowledge
Course materials
- Class slides and any other material uploaded on Blackboard
- Recommended Reading Material (RRM): is outlined in the slides
More specific information will be given during the lectures.
No
Version: 1
Credits:
7.5 SP
Study level: Second degree level
Term no.: 1
Teaching semester: AUTUMN 2022
Language of instruction: English, Norwegian
Location: Trondheim
- Electrical Power Engineering
- Technological subjects
Department with academic responsibility
Department of Electric Power Engineering
Examination
Examination arrangement: Project Assignment
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
-
Autumn
ORD
Project Assignment
100/100
Submission
INSPERA
2022-12-08 -
Room Building Number of candidates
- * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
For more information regarding registration for examination and examination procedures, see "Innsida - Exams"