Simülasyon ile Öğrenme İçin Tasarlanmış Web Tabanlı Yeni Bir Elektrik Ticareti Oyunu

Year 2022, Volume: 38 Issue: 1, 21 - 37, 30.04.2022

Ishmael Coffie Abusah Saltuk Buğra Selçuklu

Abstract

In many countries, the electricity industry went through a deregulation process that changed it from a regulated and monopolistic/oligopolistic system to a liberal one. The new system allows independent producers to join the electricity market and sell electricity through bidding. In some markets, consumers can also bid to demand electricity. The characteristics of the liberalized electricity market in addition to its never-ending evolution make it difficult for students and young professionals to comprehend its structure and functioning. This manuscript sets out to achieve two goals. First, we will present a new web-based electricity trading simulation program that simulates the dynamics of the electricity market including investment and trading. Secondly, we compare classical classroom teaching methods against the simulation game teaching method to demonstrate the superiority of the latter in explaining the workings of the complex liberalized electricity market. Questionnaire results show that student’s knowledge increased by approximately 94%. Test results exhibit an average success rate of 80% for the game-related questions. The average success rate for subjects taught by classical methods is approximately 70%. The results show that the simulation game proves to be a better teaching method for complex subjects such as the liberalized electricity market.

Keywords

Electricity markets, Simulation-based learning, Market-clearing price, Day-ahead markets, Intraday Markets

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