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Project information

Advanced decision support models for electricity markets in a low carbon economy

I.J. Pérez-Arriaga A. Ramos C. Batlle J. García-González

January 2011 - January 2011

Funding entity MIT Energy Initiative (Massachusetts Institute of Technology)


This intensive course at MIT will present and intensive course about decision support models designed to help decision makers of the electric power industry in a market environment. The course will be a second part of the course given last IAP 2010, “Electric power system modeling for a low carbon economy”, although it will not be a hard requirement to have taken it. It will be focused on the models required for taking decision in an electricity market environment: strategic behavior of market participants, market equilibrium, market dynamics and investment cycles, new challenges of the power industry, (renewable sources, demand response, etc.), the interaction with other energy sectors such as the gas natural industry, etc.


    Research topics:
  • *Short-Term Operation, Market Bidding and Operating Reserves
  • *Medium-term tactical planning
  • *Long-term strategic analysis
  • *Energy markets design and regulation
  • *Analysis of sustainable energy policies
  • *Regulation of energy network infrastructures

Curso_MIT_IAP-2011

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