Electricity How Power Markets Work

Length: 55 minutes
Subscription: 15 days
Cost: $79.00
Prerequisites: None
This course focuses on trading arrangements (the set of rules that define how markets are run and services are provided) for each market structure and how services are bought and sold in each. This module also is included in the full-length course, Wholesale Power Markets.

What you will learn

  • What trading arrangements are
  • The three basic trading arrangements models (wheeling, integrated, decentralized) and how the various electric markets function under each
  • How sufficient capacity to meet peak needs is ensured
  • How generation, load, ancillary services and transmission use are scheduled
  • How energy is balanced in real time
  • How services are priced
  • The markets available for buyers and sellers
  • The roles available for market participants

Contact us at 866-765-5432 or e-mail for more information.