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Electric Industry Operations and Markets, Duke University

4.7
153 ratings
34 reviews

About this Course

This is a two week course. In the first week you will learn about the core activities that the Industry executes to bring electricity to customers. We will review what electricity is, how it is generated, how it is transmitted, how it comes into buildings, and how consumption of electricity instantly feeds back on the transmission and generation of electricity. You will learn to: Define what electricity is; Describe how electricity is generated, transmitted and distributed; Describe how electricity is generated, transmitted and distributed; and Summarize how the consumption of electric energy instantly feeds back on the transmission and generation of electricity. In the second week, the course shifts to the markets that drive Electric Industry operations. You will learn about the various costs of the electric industry’s core activities, how electricity is priced, the various ways that electric markets are structured, how these market structures determine which power plants are dispatched to produce electricity when, and how recent changes in generator fuel prices, generation technology, market regulations, and environmental regulations are transforming both Electric Industry Markets and Operations. You will learn to: Describe the main cost components to the electric system; Compare the costs of different types of power plants; Interpret the retail pricing of electricity; Explain the different types of electric markets and understand how they operate to dispatch electric supply to meet demand in real time; and Explain why and how the electric industry is regulated....

Top reviews

By AM

Jan 08, 2018

This course is very helpful for me and for all those who study electric industry operations and markets. The professor explained it very well and its a one of the best course i have taken

By CN

Jul 24, 2017

Fantastic class! I was impressed by the high quality of peer-graded submissions, and I believe the instructors/course creators deserve a lot of credit for that outcome.

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33 Reviews

By Asad Ur Rehman

Nov 06, 2018

Course was an awsome experience for me, i have learnt alot about electric industry. i learnt how power generates, how it tranmits and how its distributes.

By Seungkyun Huh

Sep 24, 2018

good to know about basic concept and fundametals through this course

By Jayanth Babu C

Sep 05, 2018

I thank the prof. For sharing his knowledge. Also my co learner

Thank you.

By Po Wah Moon

Sep 05, 2018

A short and sweet course. I have actually learned quite a lot in the peer review assignment.

By Naveena Kodakandla

Aug 31, 2018

One of the best courses I have ever taken. Very informative

By 黃泓溥(Huang, Hong-Pu)

Aug 30, 2018

The Course is just Amazing!! All thanks go to the instructor and the team who made it. A good reference guiding me to walk through the major topics in the industry.

By Meena Thomas

Aug 27, 2018

This is an excellent course. However, it needs to be updated to reflect current and future market developments and regulations.

By Víctor Leonel

Aug 24, 2018

Excelente curso

By Tsiflikas Evaggelos

Aug 21, 2018

A very nice lesson I suggest to those who want to attend it will learn many new knowledge they do not know so far....

By Hugh Minson

Jul 10, 2018

The professor really has put thought into his course structure - it pays off as a student. He goes through everything from a to z in this space in a logical fashion, answering a lot of unanswered questions I have.