Regulation and Markets
Keywords |
Classification |
Keyword |
OFICIAL |
Power |
Instance: 2009/2010 - 1S
Cycles of Study/Courses
Acronym |
No. of Students |
Study Plan |
Curricular Years |
Credits UCN |
Credits ECTS |
Contact hours |
Total Time |
MIEEC |
12 |
Syllabus since 2007/2008 |
5 |
- |
6 |
63 |
160 |
Teaching language
Portuguese
Objectives
This course aims to develop students’ skills on:
1. the acquisition and demonstration of advanced knowledge on the electricity sector as far as electricity markets are concerned. Theoretical models and computer applications (CDIO Syllabus: 1.3, 1.4, 2.1, 2.3);
2. the treatment, validation and interpretation of results (CDIO Syllabus: 1.3, 2.1, 2.3);
3. autonomous work and bibliography research (CDIO Syllabus: 2.4, 2.5 and 3.3);
4. planning and developing a team work (CDIO Syllabus: 2.4, 2.5 and 3.1);
5. report writing and preparation of oral presentations (CDIO Syllabus: 3.2);
6. the understanding of external, enterprise and commercial contexts in which this sector is incorporated (CDIO Syllabus: 4.1 and 4.2);
7. setting objectives and project management (CDIO Syllabus: 4.3 and 4.6)
Program
The program covers the following topics:
- Brief revision about the general aspects of electricity markets;
- Network services- brief reference to cost allocation methods, calculation of nodal marginal long and short term prices; Relation between long term costs and electrical network expansion;
- Tariff regulation strategies and their application in Portugal;
- Concept of additive tariff and its application in Portugal;
- Integration of complex proposals in market mechanisms;
- System and dispatch services of active and reactive power and voltage control
Teaching methods and learning activities
This course is divided into three different teaching methods:
- Theoretical classes: they will be based on the presentation of the themes and discussion of practical situations;
- Theoretical-practical classes: they will be essentially assignment-oriented. At the end of the semester, students will have to deliver a written report about their assignments.
- Students will have to do an oral presentation about the results obtained in their research regarding Portuguese tariff system, or tariff systems in network services in other countries or about the service quality of electrical systems. The presentation must not last more than 15 min.
Evaluation Type
Distributed evaluation with final exam
Assessment Components
Description |
Type |
Time (hours) |
Weight (%) |
End date |
Subject Classes |
Participação presencial |
56,00 |
|
|
Assignmente and written report |
Trabalho escrito |
20,00 |
|
|
Power point presentation |
Trabalho escrito |
5,00 |
|
|
Final exam |
Exame |
2,00 |
|
|
|
Total: |
- |
0,00 |
|
Amount of time allocated to each course unit
Description |
Type |
Time (hours) |
End date |
Individual study |
Estudo autónomo |
77 |
|
|
Total: |
77,00 |
|
Eligibility for exams
Assessment components:
- Practical assignment and report (PA);
- Oral Presentation (ORALP), which must not last more than 15 min, about Portuguese tariff system, or tariff systems in network services in other countries or about the service quality of electrical systems.
- Final Exam (FE)
Students will be admitted to exams if they:
- reach a minimum mark of 8 out of 20 in the final exam;
- deliver the written report and the practical assignment
- do the above mentioned oral presentation
The practical assignment assesses the following CDIO Syllabus: 1.3, 1.4, 2.1, 2.3, 2.4, 2.5, 3.1, 3.2, 3.3, 4.3 and 4.6.
The oral presentation assesses the following CDIO Syllabus: 2.4, 2.5, 3.2, 3.3, 4.1, 4.2, 4.3 and 4.6.
The final exam assesses the following CDIO Syllabus: 1.3, 1.4, 2.1, 2.3, 2.4 and 2.5.
Calculation formula of final grade
Final Mark will be based on the following formula:
0,25xPA+0,15xORALP+0,6xFE
PA, ORAL and FE: from 0 to 20
Examinations or Special Assignments
Final exam and report about a practical assignment
Classification improvement
Students can improve the mark of their exams.