In this lesson, we will look at the economics of the electricity industry, which is one of the largest and most pervasive energy markets in the world today. We will describe the supply and demand fundamentals, how prices are established, and what drives changes in prices. We will then look at some topics that will affect this industry in the near future:
By the end of this lesson, you should be able to:
This lesson will take us one week to complete. Please refer to Canvas for specific time frames and due dates. There are a number of required activities in this lesson. The chart below provides an overview of those activities that must be submitted for this lesson. For assignment details, refer to the lesson page noted.
Requirements | Submitting Your Work |
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Reading: A number of web links concerning course reading can be found in this lesson. Please read all that are shown as required. | Not submitted |
Lesson Quiz and Homework | Submitted in Canvas |