Fr, 08.11.2024 - Block 1 (Auer): Structure, legal basis and structure of the Austrian electricity industry (historical); New Electricity Industry and Organisation Act (ElWOG) in Austria since 1999 in the course of the implementation of the EU Internal Electricity Market Directive: cornerstones of the ElWOG, market and price development, key energy and structural indicators, green electricity legislation and targets, relevance of emissions trading.
Fr, 22.11.2024 - Block 2 (Stöcker/Rab): Overview of electricity markets (Part 1): Spot markets and futures markets, electricity products: definitions and real price developments. - Mathematical optimization: linear, mixed-integer and nonlinear problems. Modeling an extremely simple linear model with GAMS.
Fr, 29.11.2024 - Block 3 (Stöcker/Rab): Overview of electricity markets (Part 2): Markets for energy services: products and changes in market structures. Application: Independent development of a linear model. Practicing the content you have already learned.
Fr, 06.12.2024 - Block 4 (Stöcker): Fundamental models for the electricity market: Modelling of an electricity market using linear programming in GAMS. Application: Determination of price forecasts in a simple, exemplary electricity system.
Fr, 13.12.2024 - Block 5 (Rab): Short-term power plant dispatch optimization of a pumped storage power plant: Modeling by means of piecewise linearization and binary variables as a mixed-integer linear problem in GAMS. Application: Determination of a schedule of a pumped storage power plant, taking into account power provision for the provision of balancing energy.
Fr, 10.01.2025 - Block 6 (Rab): Long-term power plant dispatch optimization of a pumped storage power plant: Modeling as a non-linear optimization problem and solution using an iterative algorithm (SLP: Successive Linear Programming) in GAMS. Application: Determination of the optimal storage management of an annual storage facility with associated water values.
Fr, 24.01.2025 - Block 7 - Exam: oral and practical in GAMS, incorporating the elaboration of the exercise examples of the previous blocks
Location of lectures, starting Fr, 08.11.2024: EI 6 (Eckert HS; Gusshausstrasse 25, 4th floor)
Time: 7 blocks (incl. exam) every Friday morning from 9-12 a.m.: 08.11.2024, 22.11.2024, 29.11.2024, 06.12.2024, 13.12.2024, 10.01.2025, 24.01.2025 (exam)
The student has to be enrolled for at least one of the studies listed below