Course EE 394V

Restructured Electricity Markets: Market Power

Spring 2010

EE 394V can be repeated for credit

Unique Number 16960

Meeting time: Tuesday and Thursday, 3:30pm to 5:00pm, ENS 126

Ross Baldick
Department of Electrical and Computer Engineering 
Engineering Science Building ENS 502 
The University of Texas at Austin

Tel: (512) 471-5879; Fax: (512) 471-5532 

Office hours: Tuesday, 2:00pm to 3:15pm, ENS 502.

Please email me if you want to see me outside of these office hours.

Course description:

This course focuses on market power in electricity markets.  Market power remains a difficult issue in the design and functioning of electricity markets.  We will define and analyze market power, particularly focusing on issues that are unique to electricity markets such as transmission constraints.  Although market power is a problem in all electricity markets, we will focus on offer-based markets that involve locational marginal pricing.  Topics include: