Electric Industry Operations and Markets

Electric Industry Operations and Markets


Nicholas School of the Environment


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.


Lincoln Pratson
Lincoln Pratson

Gendell Family Professor of Energy and the Environment

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