14.43J - Energy Decisions, Markets, and Policies
14.43J/15.031J Energy Decisions, Markets, and Policies (Spring 2012, MIT OCW). Instructor: Professor Richard Schmalensee. This course examines the choices and constraints regarding sources and uses of energy by households, firms, and governments through a number of frameworks to describe and explain behavior at various levels of aggregation. Examples include a wide range of countries, scope, settings, and analytical approaches. (from ocw.mit.edu)
| Lecture 17 - (Yesterday's &) Today's Electric Power System |
This lecture focuses on electric power systems, grid architecture, and transmission systems. Baseload units and peaking units are compared, as are various market models, and state and federal regulations.
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