3.0

credits

Average Course Rating

This course builds on a number of ideas covered in the core EPT course, and as the first course uses and integrates a bro range of ideas from science, engineering, and economics. The course has two distinct but overlapping themes that will be often be covered in parallel. First, the course will broaden and deepen the coverage of the how some of the energy technologies discussed in the core course work, with a slight more formal discussion and use of ideas from mechanics and thermodynamics, including the role of entropy; a few newer potential technologies, such as fusion and ocean, will also be covered. Second, the course will extend the coverage of the economics and operation of energy markets to provide a deep understanding of how to value energy generation assets facing an uncertain future on both a stand-alone and integrate basis, and how these considerations play out in real electric markets, including the role of energy, capacity, and ancillary services. The course will include coverage of the potential role of energy storage and/or demand side management in integrating large-scale renewable energy into the grid from both an operational and economic perspective. Offered on-site at least once every two years.