Electricity Markets, Introduction and Research Areas.
Course Description
“Electricity is the soul of the universe” is a quote by John Wesley, a famous English leader and pioneer of using electricity for curing illness. It is the universal truth now. We can’t imagine a single moment of our life without electricity. After food, cloth and shelter , it is almost the fourth basic need for human beings. Electricity as ” Service” is gardually being changed to “Commodity”. The competition in the electricity sector is making multiple trading options available to the stakeholders. This has resulted in evolution of Electricity Markets globally. This is elementory course which will introduce Electricity Markets and few research problem statements to the learners.
The course will start with the introduction of Electricity Markets, Various Stakeholders, and some important terms. Timeline of evolution of the markets and various types of market models will be discussed. This course also covers the classification of markets in detail. Indian electricity market scenario is introduced in one lecture. At last, few research problems are enlisted. This course will be useful for undergraduate students, post graduate students, research scholars as well as industry persons and academicians to understand basics about electricity markets.
Join the course and have a great and joyful learning !!!!
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