ETDS 2375 Power System Economics
Course Information
Course Description
This course covers economic factors governing electrical system operations. Costs of generation, transmission, and distribution are explained. The organization of markets for electrical energy and how this structure affects participating companies' operational and investment decisions are discussed. The effects of congestion, transmission losses, and penalty factors are studied. Load management, scheduling and pricing are a focus as well.
Assessment Levels
R3, E3, M3