Lecture

Optimal Dispatch of Power Generation Units

In course

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Description

This lecture covers the fundamentals of power system economics, focusing on the optimal dispatch of power generation units. It discusses the input-output curve of a gas-fired generating unit, market prices, revenue, profit, and cost calculations. The lecture also explores supply and demand modeling, market mechanisms, energy contracts, and the operation of power systems in deregulated environments.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_2avbgf5k

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Economics

Macroeconomics: Markets, Competition

Microeconomics: Labor economics, Financial economics

Environmental science

Environmental policy: Topics in environmental policy

Industrial and production engineering

Industrial processes: Machine tool

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