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Dec 04, 2024
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ECE 622 - Power System Economics3 Credit Hours
Organization of electricity markets, participating in electricity markets from producers’ and the consumers’ perspectives, ancillary services, transmission investment, and generation investment, mathematical optimization and its application to optimal power flow, locational marginal pricing, transmission congestion management, forward markets.
(RE) Prerequisite(s): 521.
Comment(s): Prior knowledge may satisfy prerequisite with consent of instructor.
Registration Restriction(s): Minimum student level – graduate.
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