Learning Targets:

• Get an overview on management tasks in the electricity sector and related topics (district heating, renewables)
• Analyze specifics in electricity economics and its implications for generation, transmission, distribution and sales
• Get an idea about relevant market conditions and customer segments in electricity economics
• Understand approaches for the solution of decision problems in electricity economics

Outline:

1. Basics
   1. Value Chain in Electricity Sector
   2. Market Structure and Unbundling
   3. Market Charactersitics
   4. Policy Objectives
   5. Strategic and Operative Management
2. Mgmt of Power Generation and Renewables
   1. Basics
   2. Power plants as Resource
   3. Power Plant Scheduling
   4. Input Factor and Product Markets
   5. Portfolio Management
3. Mgmt of Power Transmission and Distribution
   1. Basics
   2. Power-Flow Analysis
   3. Grid Structure and Operations
   4. Reserves
   5. Congestion Management
   6. Grid Usage – Contract and Billing Principles
   7. Balancing, Measurement and Billing
4. Perspectives of Future Electricity Supply and Sales
   1. Power Plant Investment and Long-Term Equilibria in Power Markets
   2. Consequences of Increased Electricity Generations from RES
   3. Congestion Management and Grid Expansion
   4. Smart Metering
   5. New Player – Prosumer
5. Management of Electricity Supply
   1. Keymarket segments
   2. Products and Prices
6. Management of Generation and Distribution of District Heat
   1. Technical Aspects of District Heat Generation and Distribution
   2. Selected Aspects of District Heating Grid Management

Literature:

Will be provided during the lecture

Formalities:

http://www.ewl.wiwi.uni-due.de/studium-lehre/curriculum/