ELEC ENG 7087 - Electricity Market and Power System Operation -PG
North Terrace Campus - Semester 2 - 2020
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General Course Information
Course Details
Course Code ELEC ENG 7087 Course Electricity Market and Power System Operation -PG Coordinating Unit School of Electrical & Electronic Engineering Term Semester 2 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact 3 hours per week Available for Study Abroad and Exchange Y Assumed Knowledge ELEC ENG 7074 Power Systems PG Restrictions Available to Master of Engineering (Electrical) and Master of Engineering students. Course Description In this course, we learn about the wholesale electricity market and power system operation in terms of energy and ancillary services. The course provides a broad knowledge of the evolution of the power system industry and electricity market over time, rules and regulations, various energy and ancillary services markets and transmission system operation with a focus on Australian Electricity Market.
Introduction to deregulation and electricity market: History of power industry, vertically-integrated utility, Problems with regulation, What is deregulation and why is it needed, what should be deregulated, Types of markets, Evolution of deregulation, Entities in the deregulated electricity industry, Types of market in terms of trading arrangement, Open electricity energy markets Market principles and electricity market economics: Modelling consumers, Modelling suppliers, Market equilibrium, Pareto efficiency, Global welfare, Theory of firm: short-run and long-run costs, Marginal cost fallacies, Scarcity rent, Economy of scale and scope, Profit and fixed cost recovery, Market power, Optimisation and market equilibrium problem Ancillary services (AS) market: Definition, Different types of AS for balancing issues, network issues, and system restoration, Compulsory provision of AS, AS market, demand-side AS provision, Impact of AS market on the spot prices, co-optimisation of energy and AS markets, Contingency analysis Transmission system operation: Introduction to the transmission system, Decentralised trading over a transmission network, Physical transmission rights, Issues related to physical transmission rights, Centralised trading over a transmission network, Unconstrained/Constrained transmission system with/without losses, Nodal marginal prices, Variable/fixed/non-technical lossesCourse Staff
Course Coordinator: Dr Ali Pourmousavi Kani
Course Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
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Learning Outcomes
Course Learning Outcomes
No information currently available.
University Graduate Attributes
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Learning & Teaching Activities
Learning & Teaching Modes
No information currently available.
Workload
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Learning Activities Summary
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Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Weighting (%) Individual/Group Formative/Summative Due (week)* Hurdle criteria Learning outcome In-class Tests 40 Individual Summative Weeks 5 & 9 Min 40% 1. 2. 3. 4. 5 Tutorials 15 Individual Summative Weeks 2 & 4 1. 2. 3. 4. 5 Workshop/Computing 40 Individual Summative Weeks 6, 8, 10 & 12 Min 40% 5. 6. 7 In-class Continuous Assessment 5 Individual Formative Weeks 1-12 1. 2. 3. 4. 5 Total 100
* The specific due date for each assessment task will be available on MyUni.
This course has a hurdle requirement. Meeting the specified hurdle criteria is a requirement for passing the course.Assessment Detail
No information currently available.
Submission
No information currently available.
Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Support with Maths
- Academic Support with writing and speaking skills
- Student Life Counselling Support - Personal counselling for issues affecting study
- International Student Support
- AUU Student Care - Advocacy, confidential counselling, welfare support and advice
- Students with a Disability - Alternative academic arrangements
- Reasonable Adjustments to Teaching & Assessment for Students with a Disability Policy
- LinkedIn Learning
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangement Policy
- Academic Honesty Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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