Back to Electric Industry Operations and Markets
Duke University

Electric Industry Operations and Markets

This is a two week course. In the first week you will learn about the core activities that the Industry executes to bring electricity to customers. We will review what electricity is, how it is generated, how it is transmitted, how it comes into buildings, and how consumption of electricity instantly feeds back on the transmission and generation of electricity. You will learn to: Define what electricity is; Describe how electricity is generated, transmitted and distributed; Describe how electricity is generated, transmitted and distributed; and Summarize how the consumption of electric energy instantly feeds back on the transmission and generation of electricity. In the second week, the course shifts to the markets that drive Electric Industry operations. You will learn about the various costs of the electric industry’s core activities, how electricity is priced, the various ways that electric markets are structured, how these market structures determine which power plants are dispatched to produce electricity when, and how recent changes in generator fuel prices, generation technology, market regulations, and environmental regulations are transforming both Electric Industry Markets and Operations. You will learn to: Describe the main cost components to the electric system; Compare the costs of different types of power plants; Interpret the retail pricing of electricity; Explain the different types of electric markets and understand how they operate to dispatch electric supply to meet demand in real time; and Explain why and how the electric industry is regulated.

Status: Electric Power Systems
Status: Operating Cost
BeginnerCourse9 hours

Featured reviews

FS

5.0Reviewed Apr 11, 2020

This course is really having a good side for my future career as i try to reach a physicist engineered application for my career, this is really recommended for everyone.

JK

5.0Reviewed May 24, 2023

This is a great course where you will get an overview of the Electricity Generation, Transmission and Distributions and the Electricity Utility Market specifically in United States.

JA

4.0Reviewed Mar 17, 2021

very exciting course about the electric markets and its operations.......recommend this course for all those who are seeking a basic understanding of the workings of the electric industry.

RR

5.0Reviewed Mar 11, 2026

I really liked this course. It helped me to better understand the industry. I would recommend vetting the peered reviewed final assignments before peer reviews. Some of them were not applicable.

AT

5.0Reviewed Feb 9, 2021

I am sure that this course is a good one for the beginners in the electricity industry and will surely add value to the experienced. The explanation of Lincoln was very good and simple.

FM

5.0Reviewed Oct 8, 2020

This course walks you through the electrical sector in the US. The lecturer is very good at communicating his ideas and the materials and contents are great! 100% recommended !

HL

5.0Reviewed Feb 16, 2026

The course provided a good introduction. I liked the selection of topics. The videos were in general well done, and the course instructor gave effective presentations.

AP

4.0Reviewed Mar 6, 2020

It was a really good course but I think that the energy scenario of the entire world could have been explained in short instead of only USA. But a very helpful course otherwise.

CN

5.0Reviewed Jul 23, 2017

Fantastic class! I was impressed by the high quality of peer-graded submissions, and I believe the instructors/course creators deserve a lot of credit for that outcome.

AM

5.0Reviewed Jan 7, 2018

This course is very helpful for me and for all those who study electric industry operations and markets. The professor explained it very well and its a one of the best course i have taken

AP

5.0Reviewed Apr 4, 2021

It Was Wonderfull Sessions. I have learn a Lot of new things and will applied aal my skills and efforts in my daily Work Life.Thanks to Coursera and Capgemini

AV

5.0Reviewed Dec 13, 2021

This course is very useful, interesting and pleasant. It explains the ideas which stay behind the electricity markets in a way that everyone could understand.

All reviews

Showing: 20 of 435

Alex Thomas Samuel
3.0
Reviewed Dec 11, 2017
Charle Magne Cillo
5.0
Reviewed Jul 15, 2020
Chee Yang Ng
2.0
Reviewed Jun 7, 2020
LABOUÉ Pierre
5.0
Reviewed Apr 25, 2020
Amin Abdul Majid
5.0
Reviewed Apr 22, 2020
Hugh Minson
5.0
Reviewed Jul 10, 2018
Daniel Jagoda
5.0
Reviewed Aug 11, 2020
Russel Gallano
5.0
Reviewed Aug 18, 2020
Cody Naylor
5.0
Reviewed Jul 23, 2017
Ananjan Pagey
4.0
Reviewed Mar 6, 2020
vincent Paul perrard
1.0
Reviewed Jul 7, 2020
maureen mikkelsen
5.0
Reviewed Sep 20, 2019
Po Wah Moon
5.0
Reviewed Sep 4, 2018
Aleena Raza
3.0
Reviewed May 18, 2020
Daniel Parada
5.0
Reviewed Apr 20, 2020
Alexis Alexander Barroso Molina
5.0
Reviewed Jan 8, 2020
Asad Mujeeb
5.0
Reviewed Jan 8, 2018
Fahriesa Ikhwal Sugiarto
5.0
Reviewed Apr 12, 2020
黃泓溥(Huang, Hong-Pu)
5.0
Reviewed Aug 30, 2018
Rodrigo Gabriel Acuña Maureira
5.0
Reviewed Sep 1, 2017