EE 458

Course schedule
Economic Systems for Electric Power Planning

(Fall 2019)

T, Th 9:30-10:50, Gilman 2205

Instructor: Professor James McCalley

Dr. McCalley's Home Page

 

Schedule

Course objectives

Course structure

 

 

Week

Class number

Resources

Description

Homework

Assignment

Homework

Solutions

Exam Solutions

8/27

1

EE 458 Intro, PPT

Market Overview: PDFnotes,

California Crisis Explained, PDF

History, industry structure, market systems

HW1: PDF, due 9/3

HW1 solutions: PDF

 

8/29

2

Cost Curves: PPT, PDFnotes

Modeling of generator costs and emissions

 

 

 

9/3

3

 

Modeling of generator costs and emissions

 

 

 

9/5

4

Optimization basics:  PDF, PPT

Additional notes on optimization (from EE 303): PDF

MITtutorial-vectors/matrices: PDF

Optimization basics

 

 

 

9/10

5

Optimization basics

HW2: PDF, due 9/17

HW2 Solutions: PDF

 

9/12

6

Intro1 to Economics: PPT

Intro2 to Economics: PPT

Economic principles

 

 

 

9/17

7

Intro 3 to Economics: PPT, PPT

Economic principles

HW3: PDF, due 9/19

HW3 solutions: PDF

 

9/19

8

Economic principles

 

 

9/24

9

Intro LP: PPT

Linear programming

 

9/26

10

Exam 1

 

 

Exam1 solutions: PDF

10/1

11

LP Simplex 1: PPT

Paper by Dantzig: PDF

Linear programming

 

10/3

12

LP Simplex 2: PPT

Linear programming

HW4: PDF, due 10/10

 

 

10/8

13

Intro CPLEX: PDF.

CPLEX GettingStarted: PDF

CPLEX UsersManual: PDF

Linear programming

 

 

 

10/10

14

Duality 1: PPT

Linear programming

HW5: PDF, due 10/15

 

10/15

15

PowerFlowEquations: PPT

Network representation

 

 

10/17

16

LPOPF: PPT

MISO Paper 1: PDF

MISO Paper 2: PDF

SCED and LMPs

HW6: PDF

HW6Solutions: PDF

 

10/22

17

SCED and LMPs

 

 

10/24

18

Paper on PaymentVsBidCost: PDF; Paper by Litvinov: PDF

SCED and LMPs

 

10/29

19

SCED and LMPs

HW7: PDF

HW7Solutions: PDF

 

10/31

20

Sensitivities: PPT

Additional Notes on sensitivities: PDF

LMPs: PDF

Understanding LMPs: PDF

SCED and LMPs

 

 

 

11/5

21

UC Notes 1:  PPT

Paper by Chow & De Mello: 

Paper by Papalexopoulos:

Paper by Ott: 

Paper by PJM & Areva:

SCED and LMPs

SCUC

 

 

11/7

22

UC Notes 2:

SCUC

 

11/12

23

 

Exam 2

 

 

11/14

24

UC Notes 3:

UC24 Data, UC24ModifiedData

Integer programming

 

 

11/19

25

 

Integer programming

 

 

 

11/21

26

Benders Notes:

Integer programming

 

 

 

11/25-11/29

THANKSGIVING HOLIDAYS

12/3

27

Planning Notes 1:

Engineering Economics

 

 

 

12/5

28

Planning Notes 2:

Resource/transmission planning

 

 

 

12/10

29

Planning Notes 3:

Wind-Planning Paper 1.

Wind-Planning Paper 2 ProductionTaxCredit Explanation1, ProductionTaxCreditExplanation2 TransmissionRegulationPaperr

Resource/transmission planning

 

 

 

12/12

30

PJM-FTR Paper 1,

PJM-FTR Paper 2,

MisoNyiso-FTR Paper

Resource/transmission planning

 

 

 

12/16-12/20

 

 

Final Exam: Wednesday Dec 18,

9:45-11:45 am