Material Detail

ESD.934 Engineering, Economics and Regulation of the Electric Power Sector (MIT)

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.

Keywords:: renewable energy sources, Public Policy, power system operation, electricity tariffs, ocwc, Industrial Organization, oec, universal access to electricity, CO2 markets, Electricity, electricity generation, Renewables, electric power transmission regulation, Systems Engineering, energy retail markets

Disciplines:

Business / Economics / Industrial Organization

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More about this material

Material Type:: Online Course
Date Added to MERLOT:: August 6, 2014
Date Modified in MERLOT:: August 6, 2014
Author:: Prof. Ignacio Perez-Arriaga
Submitter:: The Open Education Consortium
Primary Audience:: College General Ed
Technical Format:: Website

Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: No
Accessibility Information Available:: Unknown
Creative Commons:: This work is licensed under a Attribution-NonCommercial-ShareAlike 3.0 United States