Long-Term Electricity Generation Planning under Uncertainty
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
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
Lecturers
General
ID 154835
Summer semester
6 ECTS
L3 English Level