Learn electric industry operations, markets & regulations in this beginner-friendly course. Understand power generation, transmission & pricing.
Learn electric industry operations, markets & regulations in this beginner-friendly course. Understand power generation, transmission & pricing.
Dive into the world of electric industry operations and markets with this comprehensive course. Designed for beginners, it covers the fundamentals of electricity generation, transmission, and distribution. You'll explore power plant operations, market structures, and regulatory frameworks. The course is divided into two modules: Electric Industry Operations and Electricity Industry Markets. Learn about core industry activities, cost components, pricing mechanisms, and how market forces shape the industry. Gain insights into recent changes in fuel prices, technology, and regulations that are transforming the electric sector. This course provides a solid foundation for understanding the complexities of the modern electric industry and its evolving landscape.
4.8
(1,354 ratings)
49,274 already enrolled
Instructors:
English
پښتو, বাংলা, اردو, 3 more
What you'll learn
Define electricity and describe its generation, transmission, and distribution processes
Explain how electricity consumption feeds back into transmission and generation
Describe the main cost components of the electric system
Compare costs of different types of power plants
Interpret retail pricing of electricity
Explain different types of electric markets and their real-time operations
Skills you'll gain
This course includes:
2.68 Hours PreRecorded video
8 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 2 modules in this course
This course provides a comprehensive introduction to electric industry operations and markets. In the first module, students learn about the core activities of the industry, including electricity generation, transmission, and distribution. The second module focuses on electric markets, covering costs, pricing, market structures, and regulatory frameworks. Throughout the course, students gain insights into how recent changes in fuel prices, technology, and regulations are transforming both industry operations and markets. The curriculum combines technical knowledge with economic principles, offering a well-rounded understanding of the modern electric sector.
Electric Industry Operations
Module 1 · 3 Hours to complete
Electricity Industry Markets
Module 2 · 4 Hours to complete
Fee Structure
Payment options
Financial Aid
Instructor
Gendell Professor of Energy & Environment
Lincoln Pratson, Gendell Professor of Energy & Environment, has held several leadership roles, including Chair of the Division of Earth & Ocean Sciences at the Nicholas School of the Environment, Director of the Duke University Energy Hub, Associate Director of the Gendell Center for Engineering, Energy & the Environment at Duke, and a position on the Executive Committee for the Research Triangle Energy Consortium (RTEC). A trained geologist and geophysicist, Pratson has consulted for major oil companies and co-founded an energy service company that provided advanced gravity data for offshore oil and gas exploration. His current research, conducted with students, focuses on carbon capture and storage, integrating energy storage and renewable energy generation into electricity operations, assessing water use in thermo-electric power generation, and evaluating future energy demand and supplies. His work has been funded by the DOE, DoD, and private industry.
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4.8 course rating
1,354 ratings
Frequently asked questions
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