Power system restructuring and deregulation

EE-570

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Course information & introduction (overview of the lecture)


Chapters: Key points & Supply and Demand modeling


Exercise session on marginal cost vs. optimality


Bilateral and Pool market mechanism - Risk management


Exercises on market mechanism and risk management


Bidding strategies (Game theory)



Exercises on Bidding strategies


Short introduction to power system security and ancillary services.

Congestion management: notions of PTDF and ATC


Congestion management: TLR method, Willingness  to pay method, INC-DEC/counter flow method

Exercise on TLR method


Congestion management: Zonal / nodal pricing


Ancillary services + exercise on nodal pricing (LMPs)


Seminar on Ancillary Services (RTE Case - speaker: A. Benabderrazik,  abenabderrazik@gmail.com)



Ancillary services : additional exercise on nodal pricing (LMP's)