Fundamentals of Power system economics(full english)

发布者：黄允凯发布时间：2015-12-28浏览次数：327

Course Name

Chinese

电力系统经济学原理

English

Fundamentals   of Power system economics(full english)

Course Number

S016207

Type of Degree

Ph. D


Master

√

Total Credit Hours

36

In Class Credit Hours

36

Credit

 2

Practice

0

Computer-using Hours

0

Course Type

□Public Fundamental      □Major Fundamental      √Major Compulsory       □Major Elective

School (Department)

School of electrical engineering

Term

Autumn

Examination

A.√Paper（√Open-book   □Closed-book）  B.□Oral  

C.□Paper-oral Combination                       D.□ Others

Chief

Lecturer

Name

Gao Ciwei

Professional Title

Professor

E-mail

Ciwei.gao@seu.edu.cn

Website

http:/extee/teacherDetail.aspx?pID=5

Teaching Language used in Course

English

Teaching Material Website


Applicable Range of Discipline

Electrical engineering

Name of First-Class Discipline

Electrical engineering

Number of Experiment

0

Preliminary Courses

Power system analysis

microeconomics

Teaching Books

Textbook Title

Author

Publisher

Year of Publication

Edition Number

Main Textbook

Fundamentals of Power System Economics

Daniel s.Kirschen, Goran Strbac

China electrical power press

2007

1st edition

Main   Reference Books































I.Course Introduction (including teaching goals and requirements) within 300 words:

With the introduction of competition mechanism, there is a significant change with the operation of the power industry.

II.Teaching Syllabus (including the content of chapters and sections. A sheet can be attached):


L0 - Introduction to the course: Concepts and framework for (electric) energy (2hr)

·Structure of power systems

·EU objectives for energy

·Energy sustainability

·Power systems security

·Competition in electricity industry

·Course programme


L1- Electricity as a form of energy (2hr)

·comparison with other form of energy

·world and EU outlook

·basic features of electricity

·power and energy in electricity


L2 – Microeconomics (4hr)

·Definitions of economics

·Road map of economics and challenges

·Basic economic laws

·Definitions of microeconomics terms

·Objectives of a firm

·Demand elasticity

·Equilibrium point and associate economic metrics

·Market types


L3 - Markets for electricity (6hr)

·Monopoly vs. Competitive markets: reasons for the competition in the electricity markets

·Specificity of electricity as a commodity

·Players, markets, products

·Reference market models: pool vs. Bilateral

·Market equilibrium and market performance

·Market clearing without network constraints

·Network unconstrained market clearing as an optimization problem


L4 - Market power analysis in the electricity market (2hr)

·Definition of market power

·Causes and consequences of market power

·Classic indices for market power evaluation


L5 - Network impacts on electricity market (6hr)

·Power system operation and network impacts

·Costs classification

·Pricing the usage of the network

·Embedded cost allocation

·Loss allocation methods

·Congestion in power systems and its impacts

·Congestion management methods

·Market equilibrium as network constrained optimization


L6 - Basic game theory and its applications to the network constrained electricity markets modelling  (6hr)

·Historical background

·Basic elements of a game

·Classification of games

·Representation of games

·Informative context

·Game equilibrium

·Game with uncertain information

·Approaches for finding the equilibrium

·Key aspects in game theory application to electricity markets

·Network unconstrained game theory model: Medium run market simulator

·Analysis of market power with game theory under network constraints


L7 - Alternative approaches for electricity markets simulation (4hr)

·Shortcomings, problems and concerns on game theory

·Complex network (CN)

·Bilateral trading modelling

·Pairwise stable network based bilateral trading model

·An application: assess the incomplete and imperfect information impacts

·Comparison of regulations for network congestion

·Multi agent systems (MAS)

·Multi-agent based simulation applications

·Building up simulation tool

·Preliminary case studies

·Market based control

Application  （4hr）

E1. market clearing without/with network constraints 

E2. virtual strategic bidding game and discussion 

III.Teaching Schedule:

Week

Course   Content

Teaching   Method

1

L0 - Introduction to the course:   Concepts and framework for (electric) energy

lecture

2

L1-   Electricity as a form of energy

lecture

3

L2   – Microeconomics

·Definitions   of economics

·Road   map of economics and challenges

·Basic   economic laws

·Definitions   of microeconomics terms

lecture

4

L2   – Microeconomics

·Objectives   of a firm

·Demand   elasticity

·Equilibrium   point and associate economic metrics

·Market   types

lecture

5

L3   - Markets for electricity  

·Monopoly   vs. Competitive markets: reasons for the competition in the electricity   markets

·Specificity   of electricity as a commodity

·Players,   markets, products

lecture

6

L3   - Markets for electricity

·Reference   market models: pool vs. Bilateral

·Market   equilibrium and market performance

lecture

7

L3   - Markets for electricity

·Market   clearing without network constraints

·Network   unconstrained market clearing as an optimization problem

lecture

8

L4   - Market power analysis in the electricity market

lecture

9

L5   - Network impacts on electricity market

·Power   system operation and network impacts

·Costs   classification

·Pricing   the usage of the network

lecture

10

L5   - Network impacts on electricity market  

·Embedded   cost allocation

·Loss   allocation methods

lecture


11

L5   - Network impacts on electricity market  

·Congestion   in power systems and its impacts

·Congestion   management methods

·Market   equilibrium as network constrained optimization

lecture


12

L6   - Basic game theory and its applications to the network constrained   electricity markets modelling   

·Historical   background

·Basic   elements of a game

·Classification   of games

·Representation   of games

·Informative   context

·Game   equilibrium

lecture

13

L6   - Basic game theory and its applications to the network constrained   electricity markets modelling  

·Game   with uncertain information

·Approaches   for finding the equilibrium

·Key   aspects in game theory application to electricity markets

lecture

14

L6   - Basic game theory and its applications to the network constrained   electricity markets modelling

·Network   unconstrained game theory model: Medium run market simulator

·Analysis   of market power with game theory under network constraints

lecture

15

L7   - Alternative approaches for electricity markets simulation

·Shortcomings,   problems and concerns on game theory

·Complex   network (CN)

·Bilateral   trading modelling

·Pairwise   stable network based bilateral trading model

·An   application: assess the incomplete and imperfect information impacts

·Comparison   of regulations for network congestion

lecture

16

L7   - Alternative approaches for electricity markets simulation

·Multi   agent systems (MAS)

·Multi-agent   based simulation applications

·Building   up simulation tool

·Preliminary   case studies

·Market   based control

lecture

17

Application 

E1. market clearing without/with network   constraints 

seminar

18

Application  

E2. virtual   strategic bidding game and discussion 

seminar