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profit

Profit-Maximisation with Energy & Spinning-Reserve Sales

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About

Most participants watch the videos at 1.5x speed. Prerequisites: None Duration: 1 hour, 2 minutes Course Description: ​​​​​​​The course teaches the economic strategy that Electricity Generation Companies follow to maximize their profit. You will learn about the ancillary services sold in electricity markets, such as power reserves. You will develop an optimization model in Python and GAMS to determine how much electricity and spinning reserve need to be sold so that the profit of these companies is maximized. The implementations will be done in Python and GAMS.

Overview

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© 2026 Dr Spyros Giannelos
London, United Kingdom
spyros@spyrosgiannelos.com
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