This course focuses on trading arrangements (the set of rules that define how markets are run and services are provided) for each market structure and how services are bought and sold in each. This module is also included in the bundled learning path, Wholesale Power Markets.
Differentiate between the three trading arrangement models
Identify what type of entity is responsible for system operations under each model
Distinguish between methods of ensuring sufficient capacity in markets
Determine how supply, loads, ancillary services, and transmission are scheduled in a given market
Determine how energy is balanced in real-time in a given market
Identify how prices for specific services are determined in a given market
Analyze a regional market to identify roles and market opportunities for market participants