- Joined
- 1/27/10
- Messages
- 1,035
- Points
- 173
Here's some introductory material I've come across.
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C++ Programming for Financial Engineering
Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!Python for Finance with Intro to Data Science
Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!An Intuition-Based Options Primer for FE
Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!
Introductory Material
- Thread starter Ken Abbott
- Start date
- Joined
- 1/27/10
- Messages
- 1,035
- Points
- 173
And some more, mostly on power:
Solar
www.wholesalesolar.com
www.nrel.gov
www.energy.gov
Power in General
www.iso-ne.com
Solar
Solar Panels 101: A Guide to Solar Energy and Systems
How do solar panels work? What is solar energy? What is solar power? If you've been asking these questions, find these answers and more at Unbound Solar!
www.wholesalesolar.com
Solar Energy Basics
How Does Solar Work?
Learn solar energy technology basics: solar radiation, photovoltaics (PV), concentrating solar-thermal power (CSP), grid integration, and soft costs.
Power in General
PJM Learning Center - Energy Markets
The PJM Energy Market procures electricity to meet consumers’ demands both in real-time and in the near-term.
learn.pjm.com
FAQs: Locational Marginal Pricing
About the calculated price of electric energy at a system node, load zone, reliability region, or hub
- Joined
- 11/6/19
- Messages
- 110
- Points
- 38
Are power markets in need of more quants? They certainly aren't the one of the more popular career paths out of school, but some of those electricity documents look really interestingAnd some more, mostly on power:
Solar
Solar Panels 101: A Guide to Solar Energy and Systems
How do solar panels work? What is solar energy? What is solar power? If you've been asking these questions, find these answers and more at Unbound Solar!Solar Energy Basics
How Does Solar Work?
Learn solar energy technology basics: solar radiation, photovoltaics (PV), concentrating solar-thermal power (CSP), grid integration, and soft costs.
Power in General
PJM Learning Center - Energy Markets
The PJM Energy Market procures electricity to meet consumers’ demands both in real-time and in the near-term.learn.pjm.comFAQs: Locational Marginal Pricing
About the calculated price of electric energy at a system node, load zone, reliability region, or hub
- Joined
- 1/27/10
- Messages
- 1,035
- Points
- 173
I used to think that the best OR professionals went into airline scheduling. Then I studied power. The implementation of efficient Locational Marginal Pricing schemata presents far more challenging problems.
- Joined
- 7/1/21
- Messages
- 1
- Points
- 11
What would be an approach to risk management for power markets? I am also interested in this area as it combines traditional engineering with finance. We are seeing more implications of this in the recent months with the TX power grids especially with battery storage projects where revenue comes from energy arbitrage which settles at the node or ancillary services.
Overall, volatility appears to be wanted in markets for battery storage projects since they can profit on the delta, so therefore if volatility is wanted the downside here would just be stable wholesale energy prices.
Ormat's Rabbit Hill Storage project in TX lost more in their hedges than likely the entire CapEx of the project. Even though this was due to other reasons (i.e. inability operate / charge for performing its RRS contracted obligations), still looks like it is a challenge for these new generation facilities. The winter event itself definitely doesn't look like a "black swan" event either as we are seeing similar conditions manifesting itself this summer in not just TX but other RTO's.
- Joined
- 1/27/10
- Messages
- 1,035
- Points
- 173
My recommendation: Go to the PJM website and take some of their webinars. They provide great background.
