Electricity Markets Workshop

Date: 
Tuesday, March 13, 2018 - 9:00am - 5:00pm

Electricity Markets Workshops offered in March and October 2018

The course, developed by Case Western Reserve University (CWRU) and the Electric Power Research Institute (EPRI), teaches the fundamental principles which govern electricity market operation and pricing dynamics. Course participants will learn about the electrical power system infrastructure and reliability operation, and the locational marginal cost-based pricing mechanism underlying the wholesale electricity market design. Additional topics include market settlement, the capacity and Financial Transmission Right (FTR) markets, and management of generation portfolios by the load-serving entities. Impacts from integrating intermittent renewable generation, energy storage, and demand-side resources will also be discussed. Further, the CWRU has developed an online electricity market simulator that allows course participants to play realistic market clearing scenarios while acting as market participants. As a key component of the course, the interactive market simulation exercises supplement the course lectures with hands-on learning experience. Course participants will retain online access to the market simulator tool for six months after the course.

This course is intended for students and professionals who seek fundamental understanding of the wholesale electricity market design and operation. Course materials will be quantitative. Basic knowledge in electric circuit and microeconomics will be helpful but not a prerequisite. The course serves learning needs in academic institutions, business organizations and regulatory offices where a tangible knowledge about the electricity market is an essential part of study, business operation or policy decision making. In addition, this is a good way to get 16 hours toward your professional license - continuing education requirements.

For more information, email EIDA@case.edu or call 216-368-0889

Workshops will be held at Case Western University on Tuesday, March 13-Wednesday, March 14 from 9 a.m.-5p.m. and again on Monday, October 22-Tuesday, October 23 from 9 a.m.-5p.m.

Workshop Instructors:

Mingguo Hong, Associate Professor, Electrical Engineering and Computer Science, Case Western Reserve University, Cleveland, Ohio
Vincenzo Liberatore, Associate Professor, Electrical Engineering and Computer Science, Case Western Reserve University, Cleveland, Ohio

  • Registration Fee: $1,200 per person
  • 10% discount for an organization with three or more attendees
  • 25% discount for university professors (valid University ID required to qualify for discount)

Register for the March workshop 

Register for the October workshop