PristupačnostModeling of Electricity Market
Course Description
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 portfolio.
Study Programmes
Postgraduate doctoral study programme
Literature
Derek W Bunn, Derek W. Bunn (2004.), Modelling Prices in Competitive Electricity Markets, John Wiley & Sons Incorporated
Steven Stoft (2002.), Power System Economics, Wiley-IEEE Press
Alexander Eydeland, Krzysztof Wolyniec (2003.), Energy and Power Risk Management, John Wiley & Sons
Lecturers
For students
General
ID 154872
Winter semester
6 ECTS
L0 English Level