Checking date: 08/06/2023

Course: 2023/2024

Renewable energies in electricity markets
Master in Renewable Energy in Power Systems (Plan: 276 - Estudio: 266)


Department assigned to the subject: Electrical Engineering Department

Type: Compulsory
ECTS Credits: 6.0 ECTS


Requirements (Subjects that are assumed to be known)
Wind power generation systems. Photovoltaic solar energy. Other renewable energies.
- Know the rules and regulations that directly affect the use of renewable energy and its application. - Understand the requirements for the integration of renewable energies in the electricity markets. - Understand the fundamentals of the electricity markets, and know the complementary services and the markets that regulate them, for the adequate participation of renewable energies. - Know and differentiate the different support and remuneration mechanisms of renewable energies, determining their advantages and disadvantages. - Know the planning of electrical systems taking into account the integration of renewable energies. - Acquisition of search skills for complex and specific information on regulations and legislation, on issues related to renewable energy. Upon completion of this course, the student will be able to: - Participate in the planning of electrical systems taking into account the integration of renewable energies. - Apply the regulation that determines remuneration and income from renewable generation in Spain and in other neighboring countries. - Apply to real cases of network analysis tools that are required in renewable energy integration studies. - Determine the problems of integration of renewable energies, and the solutions to those problems, at an economic and regulatory level.
Skills and learning outcomes
Description of contents: programme
Energy overview. Basic concepts of electricity markets. Regulated sectors. Retail market General principles of electricity markets. Planning and economic equilibrium Operation of organized electricity markets. Price formation. Congestion managements. Zonal price mechanisms. Secondary markets. Ancillary services. Renewable energies in the electricity markets Participation of renewable energy in electricity markets. Participation under uncertainty Energy subsidies and costs Analysis of costs of renewable energy projects Scenarios for decarbonization of the energy system The operation of the system with renewable energy Renewable energy regulation Participation of renewable energy in electricity markets.
Learning activities and methodology
Theoretical classes: 18 hours Theoretical practical classes: 30 hours Individual student work: 102 hours TEACHING METHODOLOGIES Presentation in the classroom by the teacher with the support of computer and audiovisual media, in which the main concepts of the subject are developed and the bibliography is provided to complement the students' learning. Resolution of practical cases or problems posed by the teacher individually or in groups. Preparation of papers and reports individually.
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100
Calendar of Continuous assessment
Basic Bibliography
  • I.J. Pérez-Arriaga (Ed.). Regulation of the Power Sector. Springer. 2013
  • Kirschen & Strbac. Fundamentals of Power System Economics. John Wiley & Sons. 2004
  • Kirschen & Strbac. Fundamentals of power system economics. Wiley. 2019
  • Stoft. Power System Economics.. IEEE Press - Wiley Interscience. 2002
  • Wood, Wollenberg & Sheblé. Power generation, operation and control. Wiley. 2014

The course syllabus may change due academic events or other reasons.