EE-570 / 3 credits

Teacher: Cherkaoui Sidi-Rachid

Language: English


Summary

This course presents different types and mechanisms of electricity markets. It addresses in particular their impacts on power/distribution systems operation and consequently the appropriate strategies capable to ensure a secure and reliable functioning.

Content

Keywords

Electricty market, spot market, forward/futures market, bilateral/pool trading, risk management (options & contract for difference), market power, game theory, ancillary services, balancing market, congestion management, zonal pricing, nodal pricing, hedging.

Learning Prerequisites

Recommended courses

Electric power systems

Learning Outcomes

By the end of the course, the student must be able to:

  • Explain the different electricty market mechanisms
  • Choose appropriate risk management instruments
  • Analyze market power
  • Choose appropriate congestion management mechanisms

Teaching methods

Ex cathedra lectures with illustrative examples

Expected student activities

attendance at the lectures; completing exercices

Assessment methods

Continuous control

Resources

Bibliography

lecture slides

In the programs

  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: Written (summer session)
  • Subject examined: Power system restructuring and deregulation
  • Lecture: 2 Hour(s) per week x 14 weeks
  • Exercises: 1 Hour(s) per week x 14 weeks

Reference week

 MoTuWeThFr
8-9     
9-10     
10-11     
11-12     
12-13     
13-14     
14-15     
15-16     
16-17     
17-18     
18-19     
19-20     
20-21     
21-22