Overview

This course provides an introduction to how electricity is generated, brought to customers, and to the forces affecting electric industry markets.  Students will learn to:

• Describe the main cost components to the electric system;
• Compare the costs of different types of power plants;
• Interpret the retail pricing of electricity;
• Explain the different types of electric markets and understand how they operate to dispatch electric supply to meet demand in real time; and
• Explain why and how the electric industry is regulated.