Dive into the #electricity markets and learn more about the #powergrid! Dr. In this lecture on June 9, 2021, Luana Lima (Duke University) explains market operations, such as electricity prices, regulations, adjustments due to the influx of #renewable energy into the electricity grid and more.

0:00 – Introduction
2:50 – Basics of energy systems
5:34 – History of electricity trading
6:57 – Deregulation in the US
8:01 – Electricity as a commodity
8:58 – Complexity of the 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 applicable to energy challenges. Others (like this one!) are designed to provide background on energy systems and policies, illuminating contexts rich with opportunities for data scientists. (https://www.youtube.com/playlist?list=PLFwtVidl9r0nMvczb0JZwmo2JfzOnUo93)

This talk was originally presented at a workshop of the Energy Data Analytics Ph.D. Student Fellows Program (https://energy.duke.edu/energy-data-analytics-phd-student-fellows), hosted 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 or views expressed 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).

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