Introduction to the Electricity Sector-Engineering, Economics, and Regulation

This course provides an introduction to the electricity sector drawing on engineering, economics, and regulatory policy perspectives. It introduces the engineering principles behind various power generation technologies and transmission and distribution networks; the economics of electricity markets; and the regulation of electricity generation, transmission, distribution, and retail sales. Open challenges related to the growth of distributed energy resources, the transition to low-carbon electricity sources, and the role of the electricity sector in mitigating global climate change are also discussed.