course-details-portlet

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).

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.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2022

Language of instruction: English, Norwegian

Location: Trondheim

Subject area(s)
  • Electrical Power Engineering
  • Technological subjects
Contact information

Examination

Examination arrangement: Project Assignment

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD Project Assignment 100/100

Submission
2022-12-08

INSPERA
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.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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