This training course allows course participants to get a basic understanding of electricity markets, with a particular focus on the NEMS and its unique features. This course draws upon experience gained from operating the NEMS since 2003. It covers perspectives of engineering economics and regulatory issues and explores the fundamentals of electricity market theory and practice.
Learn about the basics of electricity industry reform from a vertically integrated utility to a competitive market.
Get a brief overview of some of the key debates surrounding electricity market design.
Get a basic understanding of how the NEMS operates on a daily basis.
Understanding some factors underpinning prices for electricity and ancillary services
Anyone is interested in taking brief look at how electricity markets work in both theory and practice.
Commercial executives and managers from all sectors.