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Learner Reviews & Feedback for Electric Industry Operations and Markets by Duke University
1,404 ratings
About the Course
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.
Top reviews
MS
Dec 18, 2023
the course is very comprehensive and deep insight to the operational principle of electrical industry, in relationship to the market strategy and the regional government in it location of operation.
DJ
Aug 11, 2020
Content was easy to follow and digest - it was a good refresher course for me as I've been in the industry for some time, but within the IT discipline. Learned some new things along the way too.
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By Mohammad T I
•May 6, 2020
not good