Econ 458. Economic Systems for Electric Power Planning

• Credits: 3.
• Prerequisites: E E 303 or Econ 301.

Evolution of electric power industry. Power system operation and planning and related information systems. Linear and integer optimization methods. Short-term electricity markets and locational marginal prices. Risk management and financial derivatives. Basics of public good economics. Cost recovery models including tax treatment for transmission investments. Nonmajor graduate credit.