Energy Markets and Analytics (2022)

Description:
Energy markets are at the heart of one of the biggest societal challenges of our time - creating a sustainable, reliable and affordable energy provision. Renewable Energies are also new guests and participants in such markets. The PhD/industrial course on “Energy Markets and Analytics” aims at providing an in depth introduction to energy markets and how the renewable energies can be integrated in them safely. The participants will learn how to implement the concepts using appropriate software packages on planning, decision making and optimization.

Syllabus: The course will mainly cover the following subjects:

Day 1 (8:30-16:30- both Lecturers)
1.1. Introduction to energy markets
1.2. Pricing and market clearing mechanisms
1.3. Competition and different type of markets
1.4. Market participants
1.5. Challenges of participation of renewable energy resources (RER) in markets

Day 2 (8:30-16:30- both Lecturers)
2.1. Policies for integrating RERs in markets around the world
2.2. Impact of RERs on market clearing and market outputs
2.3. Demand side management for RERs integration in energy markets
2.4. Energy storage for RERs integration in energy markets
2.5. Impact of RER on balancing market

Prerequisites: No.

Form of evaluation: The participants will be evaluated by exercises on a daily basis (both individually and in groups) and a mini-project on market practices at the end of the course.

Intended Audience:

· Researchers and utility engineers interested in modern energy system operation, planning and related activities

· Actors in decision making and policy process

· (Post-)Graduate students and researchers in energy engineering, planning, economics, and finance.

Organizer: Associate Professor Amjad Anvari-Moghaddam, aam@energy.aau.dk

Lecturers:
Associate Professor Amjad Anvari-Moghaddam – Aalborg University
Professor Behnam Mohammadi-ivatloo – University of Tabriz

ECTS: 2

Time: 14 - 15 March 2022

Place: AAU Energy - ONLINE

Number of seats: 25

Deadline: 21 February 2022

Important information concerning PhD courses:
We have over some time experienced problems with no-show for both project and general courses. It has now reached a point where we are forced to take action. Therefore, the Doctoral School has decided to introduce a no-show fee of DKK 3.000 for each course where the student does not show up. Cancellations are accepted no later than 2 weeks before start of the course. Registered illness is of course an acceptable reason for not showing up on those days. Furthermore, all courses open for registration approximately four months before start. This can hopefully also provide new students a chance to register for courses during the year. We look forward to your registrations.