ENGY6335 - Power Industry: Finance, Economics and Markets

ENGY 6335 Power Industry: Finance, Economics and Markets (3 semester credit hours) Introduces the power industry, beginning from the power plants and moving along the entire value chain all the way to distribution. Covers public/private utilities, costs, revenues, guarantees on returns as well as government granted service area monopolies, franchised utilities, and independent power producers. Financing of power projects via equity and/or debt and tax subsidies discussed. Electric grid and power marketing schemes studied, both domestically and internationally. Federal and local regulations and their effects on rate-making presented. (3-0) Y