| First cycle degree courses | Second cycle degree courses | Single cycle degree courses |
| School of Engineering | ||
| ELECTRICAL ENERGY ENGINEERING | ||
Course unit
ELECTRICITY MARKET
INP8083620, A.A. 2019/20
Information concerning the students who enrolled in A.Y. 2019/20
ELECTRICITY MARKET
INP8083620, A.A. 2019/20
Information concerning the students who enrolled in A.Y. 2019/20
Information on the course unit
| Degree course |
Second cycle degree in ELECTRICAL ENERGY ENGINEERING IN1979, Degree course structure A.Y. 2014/15, A.Y. 2019/20 |
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|---|---|---|
| Number of ECTS credits allocated | 6.0 | |
| Type of assessment | Mark | |
| Course unit English denomination | ELECTRICITY MARKET | |
| Department of reference | Department of Industrial Engineering | |
| Mandatory attendance | No | |
| Language of instruction | English | |
| Branch | PADOVA | |
| Single Course unit | The Course unit can be attended under the option Single Course unit attendance | |
| Optional Course unit | The Course unit can be chosen as Optional Course unit |
Lecturers
| Teacher in charge | MASSIMILIANO COPPO | ING-IND/33 | |
|---|---|---|---|
| Other lecturers | ARTURO LORENZONI | SECS-P/06 |
ECTS: details
| Type | Scientific-Disciplinary Sector | Credits allocated | |
|---|---|---|---|
| Core courses | ING-IND/33 | Electrical Energy Systems | 6.0 |
Course unit organization
| Period | Second semester |
|---|---|
| Year | 1st Year |
| Teaching method | frontal |
| Type of hours | Credits | Teaching hours |
Hours of Individual study |
Shifts |
|---|---|---|---|---|
| Lecture | 6.0 | 48 | 102.0 | No turn |
| Start of activities | 02/03/2020 |
|---|---|
| End of activities | 12/06/2020 |
| Show course schedule | 2019/20 Reg.2014 course timetable |
Examination board
| Board | From | To | Members of the board |
|---|---|---|---|
| 2 A.A. 2019/2020 | 01/10/2018 | 30/11/2020 |
COPPO
MASSIMILIANO
(Presidente)
LORENZONI ARTURO (Membro Effettivo) BIGNUCOLO FABIO (Supplente) |
| 1 A.A. 2018/19 | 01/10/2018 | 30/11/2019 |
COPPO
MASSIMILIANO
(Presidente)
LORENZONI ARTURO (Membro Effettivo) BIGNUCOLO FABIO (Supplente) |
| Prerequisites: | It is suggested a basic knowledge of power sector operation and of economics of energy markets. |
| Target skills and knowledge: | The target of the course is to understand the new organization of electricity markets and to give to the students the knowledge to operate. The course starts from the basics of the electricity economics and from the principles of regulation and aims at giving to the students the skills to successfully operate either as seller, buyer or trader. The aim of the course is to give ability to operate in an autonomous manner in the electricity market, nurturing a critical approach |
| Examination methods: | The exam is aimed to evaluate the capability to analyze market conditions and to take proper economic decisions. There is the possibility to give the exam with 2 Written classworks during the course. On the date of the second test, there is the possibility to take a test on the entire program, refusing the result of the first test. Both the intermediate tests and the full exam cosnsist of a 90-minute written test with open questions and exercises. The exam sessions are scheduled as follows: summer (2 dates), autumn (1 date) and winter (1 date). |
| Assessment criteria: | Knowledge of the material supplied during the lessons and ability to solve exercises on the electricity market. Critical capability to operate on the market |
| Course unit contents: | The lessons are related to the following topics:
Price regulation; organization of the electricity industry. Plant despatch and merit order: generation in a competitive market. Contracts. The operation of the power exchange and the capacity market. The transmission line: benefits of the interconnection and optimal transmission capacity. Congestion management. The markets for the environment: green certificates, carbon credits, energy efficiency. Financial products for the power market. The electricity prices: comparing different contracts. Principles of finance for hedging electricity contracts. |
| Planned learning activities and teaching methods: | Most of the course is given with frontal lessons; some reading are given and then discussed in class, to stimulate the critical skills. A simulation of the electricity market is made. |
| Additional notes about suggested reading: | Slides of the lessons.
• S. Stoft: power System Economics, IEEE Press, Wiley Interscience, 2002, ISBN 0 471-15040-1 • Richard Green: Competition in Generation: the economic foundations. PROCEEDINGS OF THE IEEE, VOL. 88, NO. 2, FEBRUARY 2000. |
| Textbooks (and optional supplementary readings) |
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