How Power Markets Work

Authored by Enerdynamics
About this Course
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.
Learning Objectives
  • 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
$ 79.00
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NASBA Field of Study
Specialized Knowledge
CPE Credits
Delivery Method
Online Self-Study
Advance Preparation
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