Energy 104: Electricity Markets, Trading, and Risk Management
1.0
creditsAverage Course Rating
This two-day intersession class introduces the student to complex electricity markets and allows them to experience trading through live in-class simulations. The course alternates between lectures and electricity market games that illustrate the underlying drivers of the evolution of power markets. This allows for a more intuitive understanding of how markets have evolved into their current structure. Lectures on the second day will focus on the current nodal structure and the key players in these markets - load serving entities, generators, utilities, and the Independent System Operator. Significant in-class participation in groups is required. A senior guest speaker will provide his perspective on these markets followed by Q&A. All majors are encouraged to take this class and there are no prerequisites. In-class work requires basic math to be done in excel. There is a short assignment required to be completed before the first session that will acquaint the student with excel. A laptop with working WiFi connection is required to be brought to the class. The instructor is Lori Simpson. This course will be taught January 11 and 12.