Long-Term Electricity Generation Planning under Uncertainty

Data is displayed for academic year: 2023./2024.

Course Description

Planning Methods in Energy: The power generation Expansion Planning Problem, Long-Term Planning Methods under Regulation and Competition. Strategies for future energy supply and importance of security of supply. Models for long-term analysis of the power market. Optimal investments under centralised and decentralised decision making Investment decisions on market, uncertainties and risks to the market participants, time changing demand for electricity and uncertainty of input prices. Optimal investments in power generation under uncertainty. Carbon legislation and modeling emission trading at electricity market. The investor s risk preference. Leveled cost of electricity.

Study Programmes

Postgraduate doctoral study programme

Literature

Jeremy Lin, Fernando H. Magnago (2017.), Electricity Markets: Theories and Applications, Wiley-IEEE Press
Antonio J. Conejo, Luis Baringo, S. Jalal Kazempour, Afzal S. Siddiqui (2016.), Investment in Electricity Generation and Transmission, Springer
Alexander Eydeland, Krzysztof Wolyniec (2003.), Energy and Power Risk Management, John Wiley & Sons
Steven Stoft (2002.), Power System Economics, Wiley-IEEE Press
Ivar Wangensteen (2011.), Power System Economics, Akademika Pub
Carol A. Dahl (2008.), Međunarodna tržišta energije - cijene, politike i profiti, Kigen Zagreb
Abdullahi Mati (2011.), Long-Term Electricity Generation Expansion Modeling: with Application in Demand Projections and Capacity-mix Optimization, LAP LAMBERT Academic Publishing

For students

General

ID 154835
  Summer semester
6 ECTS
L3 English Level