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Electric Industry Operations and Markets

This is a two week course. In the first week you will learn about the core activities that the Industry executes to bring electricity to customers. We will review what electricity is, how it is generated, how it is transmitted, how it comes into buildings, and how consumption of electricity instantly feeds back on the transmission and generation of electricity. You will learn to: Define what electricity is; Describe how electricity is generated, transmitted and distributed; Describe how electricity is generated, transmitted and distributed; and Summarize how the consumption of electric energy instantly feeds back on the transmission and generation of electricity. In the second week, the course shifts to the markets that drive Electric Industry operations. You will learn about the various costs of the electric industry’s core activities, how electricity is priced, the various ways that electric markets are structured, how these market structures determine which power plants are dispatched to produce electricity when, and how recent changes in generator fuel prices, generation technology, market regulations, and environmental regulations are transforming both Electric Industry Markets and Operations. You will learn to: Describe the main cost components to the electric system; Compare the costs of different types of power plants; Interpret the retail pricing of electricity; Explain the different types of electric markets and understand how they operate to dispatch electric supply to meet demand in real time; and Explain why and how the electric industry is regulated.

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Duke University

Rating 4.6 based on 21 ratings
Length 3 weeks
Effort 3-4 hours per week
Starts Jun 10 (3 weeks ago)
Cost $49
From Duke University via Coursera
Instructor Lincoln Pratson
Download Videos On all desktop and mobile devices
Language English
Subjects Business Engineering Social Sciences Science
Tags Business Marketing Physical Science And Engineering Environmental Science And Sustainability

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What people are saying

According to other learners, here's what you need to know

demand side response in one review

As the industry is evolving quickly, it would be great to have modules on Demand Side Response, Battery Storage, and other new types of operation.

knowing duke´s prestige in one review

Knowing Duke´s prestige and being completely honest I was expecting something much more coprenhensive and didactic.

zero effort law in one review

Zero Effort law from the lecturer was another point, how is it possible that some corrective banners were needed to correct him!!??

al sistema eléctrico in one review

Muy claro y simplifica de una forma genial todas las complicaciones inherentes al sistema eléctrico.

as someone working in one review

V Very good overview of the industry, and as someone working in an ESCO, still managed to fill in some gaps in my knowledge.

being completely honest in one review

Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Apprentice Electric Engineer $57k

Electric Wireline Engineer $71k

Supervisor Grip & Electric $74k

Electric Technician Engineer $74k

roofing industry $77k

Grip & Electric Manager $82k

Best Boy Electric $83k

Electric girrrrl $87k

Electric $90k

Grip & Electric Lead $99k

Electric Systems Engineer $108k

President Grip & Electric $239k

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Coursera

&

Duke University

Rating 4.6 based on 21 ratings
Length 3 weeks
Effort 3-4 hours per week
Starts Jun 10 (3 weeks ago)
Cost $49
From Duke University via Coursera
Instructor Lincoln Pratson
Download Videos On all desktop and mobile devices
Language English
Subjects Business Engineering Social Sciences Science
Tags Business Marketing Physical Science And Engineering Environmental Science And Sustainability

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