Electricity Markets | Foundations for Energy Data Analytics

Video Description

Leap into #electricitymarkets and learn more about the #powergrid! Dr. Luana Lima (Duke University) explains market operations such as electricity pricing, regulations, adjustments due to the influx of #renewableenergy on the grid, and more, in this talk given June 9, 2021. 0:00 – Introduction 2:50 – Power Systems Basics 5:34 – Electricity Trading History 6:57 – Deregulation in the US 8:01 – Electricity as a Commodity 8:58 – Complexity of Electricity System 11:24 – Market Agents Part of the Foundations for Energy Data Analytics Series. Some videos in the series introduce data science concepts and techniques that are applicable to energy challenges. Others (like this one!) are designed to provide background on energy systems and policy, elucidating contexts that are rich with opportunities for data scientists. (https://www.youtube.com/playlist?list=PLFwtVidl9r0nMvczb0JZwmo2JfzOnUo93) This talk was originally presented during a workshop of the Energy Data Analytics Ph.D. Student Fellows Program (https://energy.duke.edu/energy-data-analytics-phd-student-fellows), organized by the Energy Data Analytics Lab (https://energy.duke.edu/research/energy-data) at Duke University. The Fellows Program is funded by a grant from the Alfred P. Sloan Foundation, Grant-G2020-13922. (https://sloan.org) (Note: Conclusions reached or positions taken by researchers or other grantees represent the views of the grantees themselves and not those of the Alfred P. Sloan Foundation or its trustees, officers, or staff). Follow the Duke University Energy Initiative: Email list - https://bit.ly/energyduke LinkedIn - https://www.linkedin.com/school/duke-university-energy-initiative/ Twitter - https://twitter.com/dukeuenergy The Energy Initiative is merging with Duke’s Nicholas Institute for Environmental Policy Solutions. Learn more: http://bit.ly/ni-ei