Electricity Trading

Course content

Basic structure of liberalized electricity markets, principles of system operation, competition, wholesale electricity trading, bilateral and multilateral electricity trading, eligible customers, national and cost based tariffs, balancing and settlement task, system operational reserve, quality of electricity, retail wheeling, electricity demand management, transmission system regulation and congestion, ancillary services, regulation of distribution system, electricity trading by renewables, back-up and capacity trading, energy regulatory authorities, monopoly, cross-monopoly, oligopoly.