Electricity Systems and Markets

3 Hours

Analyze energy and power systems in regulated and competitive environments and implications on business decisions for firms in these industries. Examine mechanisms of energy markets; comparative market systems; determination of prices under different market structures; gas, oil, coal, and electricity market architecture; electricity market design; dispatch and new build decisions; smart grid and renewable energy in electricity markets; risk and risk management in energy including demand and price volatility and use of financial derivatives; and the impact of financial market trends and current and proposed policies on the energy industry. Finance 337 (Topic 4) and 337T (Topic 4) may not both be counted.