Power System Management & Electricity Markets

The course will provide a comprehensive overview of power system operations and management, starting with a general understanding of system economics. Many emerging issues in power sector deregulation- such as those in system reliability and system control- shall be discussed within the course. The course will provide a perspective on operations planning models and train the participant to look at technical issues of power system operation simultaneously with the economic aspects. Recommended Background: Basic understanding of power system operation is required. Knowledge of mathematical programming is desirable.