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ECTS:
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6
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Lecturers in charge:
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Prof. dr. sc.
Slavko Krajcar
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English level:
1,1,1
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All teaching activities in the course will be held on English. This level includes courses with multiple groups (i.e., all teaching will be held strictly in Croatian for Croatian groups, and strictly in English for English groups).
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Description:
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Modeling of hydro and thermal generation, optimal using of hydro reservoir and fuel purchase agreement, optimal planning of maintenance and unforeseen outages. Modeling of ancillary services and emissions: optimization of generation and rotating reserve, integrated modeling of emissions, modeling of emission constraints, evaluated of emission prices. Financial modeling: modeling of strategic policy, short and long term generation sufficiency, optimization of trading strategy for defined portfoli
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Literature:
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- Derek W. Bunn: Modeling Prices in Competitive Electricity Markets, John Wiley & Sons, 2004.
- S. Stoft: Power System Economics: Designing Markets for Electricity, Wiley-IEEE Press, 2002.
- A. Eydeland, K. Wolyniek: Energy and Power Risk Management: New Developments in Modeling, Pricing and Hedging, John Wiley & Sons, 2002.
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Zimski semester
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course for
Graduation study
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