Nodal Pricing

The prices shown below are exclusive of GST. A green tick indicates that seats are available. A red cross indicates that seats are sold out.

An early payment discount is only available if the course fee is paid in full on, or by, the early payment discount date indicated below.

The “EL0 + ELNP1 + ELRisk” products are for all three courses in a session: this bundle attracts a 10% discount on the individual course prices.

Code: ELNP1

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply, and the ability to recognise the cause of certain nodal pricing effects.

ELNP1: Nodal Pricing of Electricity Auckland 5th September 2012 ELNP1: Nodal Pricing of Electricity Auckland 5th September 2012 Yes Price: $1,275.00
Early Discount:$1,147.50
(special ends 31 Aug 2012)
Register seat(s)  

Code: ELNP1

 

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply and the ability to recognise the cause of certain nodal pricing effects.

 

Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

 

Market Processes and Models for Dispatch and Pricing

Dispatch and pricing processes

Marginal pricing

Dispatch and pricing models – SPD and RMT

Dispatch cost function

Constraints in dispatch and pricing models

Shadow prices

Nodal energy prices and reserve prices defined

Losses and constraints surplus

Scarcity pricing

 

One Node ‘Markets’

Dispatch and pricing of energy

Reserves risk offsets

Dispatch and pricing of reserve

Dispatch and pricing effects for energy-reserve constrained dispatch

Dispatch and pricing dominated by reserves

 

Adding Lines and Losses

Pricing effects of losses in AC and DC lines

Linear versus quadratic losses

Contribution of losses to the losses and constraints surplus

Loss modelling in SPD

 

Congested Networks

Line limits

Pricing effects of simple line constraints

Contribution of constrained lines to the losses and constraints surplus

“Spring washer effect” due to line constraints in loops in the Grid

 

Note:    Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.

 

ELNP1: Nodal Pricing of Electricity Auckland 9th May 2012 ELNP1: Nodal Pricing of Electricity Auckland 9th May 2012 Yes Price: $1,275.00
Early Discount:$1,147.50
(special ends 04 May 2012)
Register seat(s)  

Code: ELNP1

 

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply and the ability to recognise the cause of certain nodal pricing effects.

 

Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

 

Market Processes and Models for Dispatch and Pricing

Dispatch and pricing processes

Marginal pricing

Dispatch and pricing models – SPD and RMT

Dispatch cost function

Constraints in dispatch and pricing models

Shadow prices

Nodal energy prices and reserve prices defined

Losses and constraints surplus

Scarcity pricing

 

One Node ‘Markets’

Dispatch and pricing of energy

Reserves risk offsets

Dispatch and pricing of reserve

Dispatch and pricing effects for energy-reserve constrained dispatch

Dispatch and pricing dominated by reserves

 

Adding Lines and Losses

Pricing effects of losses in AC and DC lines

Linear versus quadratic losses

Contribution of losses to the losses and constraints surplus

Loss modelling in SPD

 

Congested Networks

Line limits

Pricing effects of simple line constraints

Contribution of constrained lines to the losses and constraints surplus

“Spring washer effect” due to line constraints in loops in the Grid

 

Note:    Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.

 

ELNP1: Nodal Pricing of Electricity Wellington 14th March 2012 ELNP1: Nodal Pricing of Electricity Wellington 14th March 2012 Yes Price: $1,275.00
Early Discount:$1,147.50
(special ends 09 Mar 2012)
Register seat(s)  

Code: ELNP1

 

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply and the ability to recognise the cause of certain nodal pricing effects.

 

Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

 

Market Processes and Models for Dispatch and Pricing

Dispatch and pricing processes

Marginal pricing

Dispatch and pricing models – SPD and RMT

Dispatch cost function

Constraints in dispatch and pricing models

Shadow prices

Nodal energy prices and reserve prices defined

Losses and constraints surplus

Scarcity pricing

 

One Node ‘Markets’

Dispatch and pricing of energy

Reserves risk offsets

Dispatch and pricing of reserve

Dispatch and pricing effects for energy-reserve constrained dispatch

Dispatch and pricing dominated by reserves

 

Adding Lines and Losses

Pricing effects of losses in AC and DC lines

Linear versus quadratic losses

Contribution of losses to the losses and constraints surplus

Loss modelling in SPD

 

Congested Networks

Line limits

Pricing effects of simple line constraints

Contribution of constrained lines to the losses and constraints surplus

“Spring washer effect” due to line constraints in loops in the Grid

 

Note:    Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.

 

ELNP1: Nodal Pricing of Electricity Wellington 14th November 2012 ELNP1: Nodal Pricing of Electricity Wellington 14th November 2012 Yes Price: $1,275.00
Early Discount:$1,147.50
(special ends 09 Nov 2012)
Register seat(s)  

Code: ELNP1

 

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply and the ability to recognise the cause of certain nodal pricing effects.

 

Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

 

Market Processes and Models for Dispatch and Pricing

Dispatch and pricing processes

Marginal pricing

Dispatch and pricing models – SPD and RMT

Dispatch cost function

Constraints in dispatch and pricing models

Shadow prices

Nodal energy prices and reserve prices defined

Losses and constraints surplus

Scarcity pricing

 

One Node ‘Markets’

Dispatch and pricing of energy

Reserves risk offsets

Dispatch and pricing of reserve

Dispatch and pricing effects for energy-reserve constrained dispatch

Dispatch and pricing dominated by reserves

 

Adding Lines and Losses

Pricing effects of losses in AC and DC lines

Linear versus quadratic losses

Contribution of losses to the losses and constraints surplus

Loss modelling in SPD

 

Congested Networks

Line limits

Pricing effects of simple line constraints

Contribution of constrained lines to the losses and constraints surplus

“Spring washer effect” due to line constraints in loops in the Grid

 

Note:    Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.

 

ELNP1: Nodal Pricing of Electricity Wellington 18th July 2012 ELNP1: Nodal Pricing of Electricity Wellington 18th July 2012 Yes Price: $1,275.00
Early Discount:$1,147.50
(special ends 13 Jul 2012)
Register seat(s)  

Code: ELNP1

 

Objective: To provide a working knowledge of nodal dispatch and pricing as it applies to the New Zealand electricity spot market, including simple formulae to apply and the ability to recognise the cause of certain nodal pricing effects.

 

Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

 

Market Processes and Models for Dispatch and Pricing

Dispatch and pricing processes

Marginal pricing

Dispatch and pricing models – SPD and RMT

Dispatch cost function

Constraints in dispatch and pricing models

Shadow prices

Nodal energy prices and reserve prices defined

Losses and constraints surplus

Scarcity pricing

 

One Node ‘Markets’

Dispatch and pricing of energy

Reserves risk offsets

Dispatch and pricing of reserve

Dispatch and pricing effects for energy-reserve constrained dispatch

Dispatch and pricing dominated by reserves

 

Adding Lines and Losses

Pricing effects of losses in AC and DC lines

Linear versus quadratic losses

Contribution of losses to the losses and constraints surplus

Loss modelling in SPD

 

Congested Networks

Line limits

Pricing effects of simple line constraints

Contribution of constrained lines to the losses and constraints surplus

“Spring washer effect” due to line constraints in loops in the Grid

 

Note:    Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.

 

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Prerequisites: EL0.  Alternatively, some familiarity with the electricity spot market including an overview knowledge of the SPD and RMT models, and with the processes and timing of publication of final, and other prices.

  1. Market Processes and Models for Dispatch and Pricing
    Dispatch and pricing processes
    Dispatch and pricing models – SPD and RMT
    Dispatch cost function
    Constraints in dispatch and pricing models
    Shadow prices
    Nodal energy prices and reserve prices defined
    Losses and constraints’ surplus
    Scarcity pricing
  2. One Node ‘Markets’
    Dispatch and pricing of energy
    Reserves risk offsets
    Dispatch and pricing of reserve
    Dispatch and pricing effects for energy-reserve constrained dispatch
    Dispatch and pricing dominated by reserves
  3. Adding Lines and Losses
    Pricing effects of losses in AC and DC lines
    Linear versus quadratic losses
    Contribution of losses to the ‘losses and constraints’ surplus
    Loss modelling in SPD
  4. Congested Networks
    Line limits
    Pricing effects of simple line constraints
    Contribution of constrained lines to the losses and constraints’ surplus
    “Spring washer effect” due to line constraints in loops in the Grid

Note: Only simple arithmetic is used in this course.  Simple examples using a few nodes at most are used to assist learning.  Course material may also vary from the above on the day.