Academic Catalog

EE710 ELECTRICITY TRADING

Course Code: 5670710
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Electrical And Electronics Engineering
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Prof.Dr. OSMAN SEVAOLU
Offered Semester: Spring Semesters.

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.