Electricity Market Operation and Security (ELEC7310)
Information valid for Semester 1, 2024
Course level
Postgraduate Coursework
Faculty
Engineering, Architecture & Information Technology
School
Elec Engineering, Comp Science
Units
2
Duration
One Semester
Attendance mode
In Person
Class hours
Lecture 2 Hours/ Week
Tutorial 2 Hours/ Week
Incompatible
ELEC7306 or ELEC7307
Assessment methods
Tutorial, assignment, exam
Course enquiries
Study Abroad
This course is pre-approved for Study Abroad and Exchange students.
Current course offerings
| Course offerings | Location | Mode | Course Profile |
| Semester 1, 2025 (24/02/2025 - 21/06/2025) | St Lucia | In Person | Profile unavailable |
Please Note: Course profiles marked as not available may still be in development.
Course description
This course provides a broad knowledge on (i) evolution of electricity market, related rules, generator and retailer behaviours and risk management; (ii) power system security/stability issues. Stability or security of the power system is the most important issue in power system operations and management either in a regulated or deregulated environment. System stability analysis is one of the essential skills for an electrical engineer working in the power industry. Following the deregulation over the past 2 decades, many power systems have been pushed toward their stability limits in order to maximise profit in energy trading. This course will cover the essential techniques in electricity market as well as power system stability analysis. Students will learn electricity market management, structure, operations, power system modelling, system dynamics, stability and security assessment, and new challenges in power system stability in an electricity market.
