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Last updated:

September 29, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

The course presents an in-depth interdisciplinary perspective of electric power systems, with regulation providing the link among the engineering, economic, legal and environmental viewpoints.

Generation dispatch, demand response, optimal network flows, risk allocation, reliability of service, renewable energy sources, ancillary services, tariff design, distributed generation, rural electrification, environmental impacts and strategic sustainability issues will be among the topics addressed under both traditional and competitive regulatory frameworks.

Course Curriculum

  • How do electric power systems manage to provide electricity continuously with an adequate quality of service, at an affordable price and with an acceptable environmental impact? Course introduction. Unlimited
  • A historical approach to the electric power sector Unlimited
  • Global view of an EPS from an economic and managerial perspective Unlimited
  • The regulatory function Unlimited
  • How to regulate a network monopolistic activity Unlimited
  • Regulation of natural monopolies Unlimited
  • How to design Unlimited
  • Principles of microeconomics. Unlimited
  • Wholesale electricity markets Unlimited
  • Organized power exchanges Unlimited
  • Market power Unlimited
  • Characterization of the transmission activity Unlimited
  • Investment in transmission network assets Unlimited
  • Transmission access Unlimited
  • Tariff design Unlimited
  • Retail markets Unlimited
  • The origin of the problem Unlimited
  • Case study: The struggle to find a seamless Unlimited
  • Examination of the present energy model under a sustainability perspective Unlimited
  • Review of international experiences Unlimited
  • Regulatory instruments to mitigate climate change Unlimited

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Massachusetts Institute of Technology
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