Electrical Energy and Market – VGTU

About this course

Electricity production possibilities and their efficiency. The cost of electricity, classification, accounting. Alternative sources of economic analysis. Energy balance. Energy Systems economy. Wholesale energy markets and ways of organizing electricity pricing principles. The knowledge of the system and market operators. Analysis of the electricity markets in the global reorganization practice.

Expected learning outcomes

The students will gain knowledge about the main energy market patterns, various types of power plants, economic aspects of electric power load distribution, and energy generation, transmission, distribution, and supply costs, including the cost of energy tariffs. They will also learn to create energy balances and assess the economic feasibility of energy systems development.

Indicative Syllabus

Electrical Energy and Market

Teaching / Learning Methodology

TBA

Recommended Reading

TBA