This is a scheduled course. To add this course to your cart, please check the schedule below.
| Course ID: |
EBA_670 |
| Course Name: |
Congestion Management |
| Description: |
A power system is engineered to ensure sufficient capability to meet system demand, losses, and generation reserve while aiming to produce and supply energy at minimal cost and environmental impact. The price in the day-ahead market is established by aligning offers from generators with bids from users at each node, resulting in a classic supply-demand equilibrium price. This course introduces the concepts of day-ahead and real-time markets, offering insights into the regulation and deregulation of electric markets and their impact on the electricity value chain.
• The law of supply and demand
• Roles and players: the financial grid organization chart –
suppliers, customers, market participants and the economic
drivers
• Security Constrained economic Dispatch
• Unit Commitment
• LMP Pricing model
• Supply Curves
• Congestion and Shadow Prices
• Transmission congestion
• Generation curtailment
• Ancillary Services
• NYISO Market
2 Days
Continuing Education Units (CEUs) - 1.2
Professional Development Hours(PDHs) - 12 |
| Price: |
Call for details |
| Schedule: |
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