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The evolving landscape of bulk power and energy markets is reshaping how utilities procure, dispatch, and plan for reliable electricity. This topic explores how market design, transmission planning, interregional coordination, and decarbonization policies are influencing utility operations and long-term strategy. Sessions will cover capacity markets, ancillary services, renewable integration, and the role of utilities in shaping market rules and structures to meet reliability, affordability, and sustainability goals.
Core Concepts Discussed
- Bulk power system operations
- Wholesale electricity markets
- Market-based dispatch
- Locational Marginal Pricing (LMP)
- Resource adequacy
- Capacity markets
- Energy imbalance management
- Transmission congestion management
- Ancillary services markets
- Market interoperability and transparency
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