This highly participative online training course will help you cultivate your knowledge in realization of technical and economic parameters that need to be considered in order to attain a sustainable electrical system which is both technically optimized and economically justified to be introduced and implemented in the electricity market.
This online training course seeks to provide you with the most updated electrical engineering concepts together with efficiency and reliability considerations and calculations, coupled with the key parameters of competitive and sustainable electricity markets and their associated regulations and optimizations. By applying this knowledge base to the tasks and challenges you face in your work, you will begin to experience breakthroughs you never thought possible.
Participants attending the “Electricity Economics & Markets” online training course will develop the following competencies:
- Learning about the challenging issues in today’s global power industry as applies to the generation and transmission costs versus the minimum requirements for a reliable and sustainable power system
- Getting familiar with technical and economic criteria for the assessment of electrical systems
- Understanding the concepts of energy systems cost estimation and risk analysis
- Learning about the impact of renewable energy to replace part of the traditional power systems at utility scale