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Official Master's Degree in the Electric Power Industry (MEPI)

electrico

The electricity sector has undergone a series of important regulatory changes in recent years, both in Spain and in other countries around the world. These changes have given rise to the creation of organized electricity markets (generation and commercialization) and the need to design or adapt the regulations pertaining to these and other businesses (such as transportation and distribution) to the new challenges they have set themselves. Furthermore, the electricity sector is undergoing significant technological changes (increasing penetration of renewable energy sources, active management of demand, development of intelligent networks, etc.) and it is without doubt one of the main sectors within the global energy landscape.

In order to tackle these changes, the main focus is on the need to update training for professionals working this sector and recent graduates who wish to enter it.

The Official Master's Degree in Electric Power Industry introduces students to the technical and economic aspects of this new sector over a one year period. Primarily based on basic engineering training, but also designed for students from other disciplines who are prepared to make an additional effort, Master's Degree students will gain in-depth knowledge of the economic, regulatory and technological foundations of new business areas as they are applied in companies and organizations in the sector. They will acquire direct experience of its application through one-to-one supervised work (the Master Project) in one of the organisations, companies or at the Institute for Research in Technology of our University.

The Master's Degree in the Electric Power Industry consists of 60 ECTS. Therefore, it can be completed in one academic year. 

In short, the creation of this official university degree has been based on the social interest, high demand from national and international students and professional scope.

Members of the board of the Master in the Electric Power Industry

MSE COLA3

  1. Information
  2. Academic regulations
  3. Skills
  4. Curriculum
  5. Faculty
  6. Career & academic prospects
  7. Official degree information

Who this degree aimed at

Engineers and other university graduates (economics, physics, chemistry and so on) seeking a career in the electricity industry. The course is also intended for working professionals, who will find it compatible with their schedules. 

Admission requirements

Applicants must hold, or provide evidence that they are soon to be awarded, a bachelor's degree, a degree in engineering or architecture, or equivalent from an overseas university. Although the Master's Degree is open to all types of graduates, having engineering training will be viewed positively.

Applicants must have a good academic record.

Applicants must be able to prove a sufficient level of proficiency in English enabling them to attend classes taught in English and make appropriate use of the documents provided.

Professional experience, references and the candidates' motivation will weigh favorably. 

Submission of applications

Application process from January 09th to June 30th, 2018.

The deadline for the additional application period is: September 8th, 2018.

Application Process

Financial Information

Course fees: EUROS 15,300

Other Scholarships
Fundación Iberdrola Scholarships.- Researcher Grants
Fundación Iberdrola Scholarships. - For Master´s Studies 
Avangrid Foundation Scholarships. for students of U.S. Nationality. Applications now available
Mexican students (FIDERH) will have a discount of 10%.

Language

All courses are given in English 

Duration

September 2018 - July 2019.

Duration: one academic year (480 hours of face-to-face classes plus the End of Master's Project and the internship in a company).

Credits

60 ECTS

120 ECTS distributed in 4 six-month term -30 ECTS each- required for the International pathway. 

Course venue

ICAI School of Engineering
Calle Alberto Aguilera 25
Universidad Pontificia Comillas 

Course starting date

September 10th, 2018 

Schedule:

Monday through Thursday: 17.00 to 21.00 h. 

First Term Timetable 2017/18

Second Term Timetable 2017/18 

Academic Calendar MEPI 2107/18

Academic Calendar Comillas Pontifical University 2017/2018

Program direction:

Director: Luis Olmos Camacho 

Coordinator: Luis González Sotres

Additional information:

Escuela Técnica Superior de Ingeniería (ICAI) Universidad Pontificia Comillas C/ Alberto Aguilera 25 - 28015 Madrid, Spain Tel. +34 91 540 62 55 email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Normativa académica

Normativa de reconocimientos

Admission requirements:

According to the corresponding University academic rules and regulations, prospective students must comply with the following requirements to be admitted to the master’s program:

- Hold an official university bachelor degree awarded by a Spanish institution, a degree awarded by any institution within the European Space of Higher Education that grants access to master’s level education, or a graduate, architecture or engineering degree under the Spanish university system previous to RD 1393/2007. Holders of a university diploma or technical architecture or technical engineering (three-year degree under the former Spanish university system) may be requested to take additional courses in order to be admitted to the program. 

- Candidates holding a degree issued by entities from countries not belonging to the European Space of Higher Education must request their admission to the Rector, who will issue a resolution after a report from a special committee (“Subcomisión Delegada de admisión para los Másteres Universitarios”). Being admitted through this channel will not imply the homologation or validation of the previous degree held other than for the admission to this master’s program.

Admission process and evaluation criteria:

The admission process starts when the prospective student submit the corresponding application. The following issues ought to be taken into account when filling in the application:

- The application must be submitted within the deadlines stablished to such effect, following the normalized model, and including all the documents certifying the candidate complies with the admission requirements. 
- In addition to the application form and the aforementioned documents, the candidate must provide a CV, a motivation letter and two letters of recommendation. 
- Furthermore, a personal interview (either in-person or via phone) may be held with the program Director to gather any additional information relevant to the admission process. 

Admission applications will be evaluated by the competent university committee or committees as described on the ensuing:

- The admission to the MEPI is the responsibility of the Director of the ICAI School of Engineering, with the assistance of a specific committee (“Subcomisión Delegada de Admisiones”).
- This committee (“Subcomisión Delegada de Admisiones”) is composed of the MEPI Director, the head of postgraduate studies, and the Director of ICAI. 
- This committee will jointly determine the acceptance or rejection of admission applications. The final decision will be communicated to candidates through a letter signed by the Director of ICAI. 

Entrance examinations are not held for this master’s program. The admission criteria, as well as the weight placed on each one of them (between brackets), are as follows: 

- Academic records (60%)
- Sufficient command of the English language (10%). A minimum level of B2 or equivalent ought to be demonstrated. Failing to reach such a level may result in the rejection of the admission application. 
- A background in electrical engineering will be positively valued (10%)
- Previous professional experience in the power sector will be positively considered (10%)
- The candidate’s motivation, maturity and interest in the program, as shown in the motivation letter (10%)

Candidates without previous knowledge on electrical engineering may be requested to take, after the corresponding registration, a preliminary course on “Fundamentals of electrical engineering and optimization techniques”. This is an intensive course delivered at the beginning of the academic year to provide these students with the necessary background to successfully tackle subsequent subjects within the program.

Competencias generales

  • Haber adquirido conocimientos avanzados y demostrado, en un contexto de investigación científica y tecnológica o altamente especializado, una comprensión detallada y fundamentada de los aspectos teóricos y prácticos y de la metodología de trabajo en uno o más campos de estudio.
  • Saber aplicar e integrar sus conocimientos, la comprensión de estos, su fundamentación científica y sus capacidades de resolución de problemas en entornos nuevos y definidos de forma imprecisa, incluyendo contextos de carácter multidisciplinar tanto investigadores como profesionales altamente especializados.
  • Saber evaluar y seleccionar la teoría científica adecuada y la metodología precisa de sus campos de estudio para formular juicios a partir de información incompleta o limitada incluyendo, cuando sea preciso y pertinente, una reflexión sobre la responsabilidad social o ética ligada a la solución que se proponga en cada caso.
  • Ser capaces de predecir y controlar la evolución de situaciones complejas mediante el desarrollo de nuevas e innovadoras metodologías de trabajo adaptadas al ámbito científico/investigador, tecnológico o profesional concreto, en general multidisciplinar, en el que se desarrolle su actividad.
  • Saber transmitir de un modo claro y sin ambigüedades a un público especializado o no, resultados procedentes de la investigación científica y tecnológica o del ámbito de la innovación más avanzada, así como los fundamentos más relevantes sobre los que se sustentan.
  • Haber desarrollado la autonomía suficiente para participar en proyectos de investigación y colaboraciones científicas o tecnológicas dentro de su ámbito temático, en contextos interdisciplinares y, en su caso, con una alta componente de transferencia del conocimiento.
  • Ser capaces de asumir la responsabilidad de su propio desarrollo profesional y de su especialización en uno o más campos de estudio. 

Competencias específicas

  • Tener una visión general de la estructura y funcionamiento de los sistemas de energía eléctrica, así como de cuáles son las tendencias futuras desde la perspectiva tecnológica en los sistemas de energía eléctrica.
  • Conocer los modelos de los componentes del sistema de energía eléctrica (generadores, transformadores y líneas) y de las técnicas apropiadas para el análisis de los sistemas eléctricos en régimen permanente y transitorio.
  • Entender la importancia de los modelos de ayuda a la toma de decisiones en la planificación de los sistemas eléctricos y porqué es necesario articular las decisiones de planificación y de explotación de acuerdo a una jerarquía temporal y funcional.
  • Explicar cuáles son las funciones de los distintos modelos utilizados en la planificación y explotación de los sistemas eléctricos en un contexto de mercado, y conocer cuáles son las técnicas de optimización y simulación más adecuadas para cada caso.
  • Comprender la función reguladora y los instrumentos disponibles para regular monopolios y para promover la defensa de la competencia.
  • Conocer los principios económicos de los mercados y de los distintos enfoques para la regulación de los monopolios y oligopolios, y los aspectos diferenciales del sector eléctrico.
  • Ser capaz de trasladar los conceptos teóricos de la microeconomía al estudio y análisis de los mercados eléctricos reales.
  • Comprender el régimen contable y financiero de una empresa y conocer los mecanismos habituales de liquidaciones en el sector, así como ser capaz de realizar análisis de inversiones en una empresa eléctrica y comprender los principales aspectos de gestión estratégica del sector eléctrico.
  • Realización, presentación y defensa, una vez obtenidos todos los créditos del plan de estudios, de un ejercicio original realizado individualmente ante un tribunal, consistente en un Trabajo Fin de Máster (Master's Thesis) de naturaleza profesional en el que el alumno pueda demostrar que ha adquirido e integrado las competencias propias en las enseñanzas.

First Term Timetable 2017/18

Second Term Timetable 2017/18 

Sessions Calendar 2017/18

PROGRAMME LAYOUT
Clicking on each of the subjects in the table below allows one to access its syllabus. The syllabus of a subject provides all the relevant information for this subject, including its objectives, the competences that students taking this subject should acquire, the content of the main blocks of sessions, the learning methodology, information on practical sessions, the assessment criteria and process, and a list with the relevant bibliography of material to consult during the course.


First Semester

ECTS

Electric power systems

6

Regulation of the electric power industry

6

Economy of the electric power industry

6

Decision support models in the electric power industry

6


Second Semester

Wholesale and retail electricity markets

6

Network Business: Transmission, Distribution and Smart Grids

6

Environmental and renewable energy policy

3

Business ethics

1

Management skills

2

The natural gas industry and fuel markets

3

Law and Legislation of the power industry

3


Complementary Modules

Fundamentals on electrical engineering and optimization techniques

3


Annual Subjects

 

Master's thesis

6

Internship

6

First Term

Electric power systems (6 ECTS)
Physical and operational structure of electric power systems. Time scales for system operation. Complementary services. Interconnected systems. New generation, transmission and distribution technologies. System component models. Solution of quasi-vacuous linear equation systems. Electric current. Contingency analysis. Optimal electric current. Power system stability. Frequency-rated power and reactive voltage controls.
Regulation of the electric power industry (6 ECTS)
Regulation and competition. Regulation of other industrial sectors. Competition protection legislation and institutions. Specific aspects of electric power industry regulation. Electricity activities and the specific regulation thereof. Traditional regulation of the electric power industry. Regulation of the free market. Regulation of monopolistic activities. Case studies of real regulatory processes.
Economy of the electric power industry (6 ECTS)
Supply and demand: market operation and the well-being theory. Market structure. Competitive bidding. Monopoly. Oligopoly models. Marginal analysis of the electric power industry. Introduction to economic and financial analysis. Accounting statements in an electricity company. Account reporting of electricity generation, transmission and distribution businesses. Analysis of an electricity company's accounting statements: ratios. Investments and expenses necessary to maintain the supply of electricity. Financing of electricity activities. Business strategy in the electric power industry.
Decision support models in the electric power industry (6 ECTS)
Analytic and study functions of power systems. Investment decision support models. Operation and maintenance decision support models. Support models for bidding in the market. Market balance models. Risk management models and contracts. Market price estimation. Reliability models. Grid models. Temporary series.

Second Term

Wholesale and retail electricity markets (6 ECTS)
Electricity markets. Economic principles. The generation business. Design of wholesale markets. Review of international experiences. Market power. The Spanish market. Regional markets. The commercialization business. Design of retail markets. The consumers' perspective. Multi-service companies
Network Business: Transmission, Distribution and Smart Grids (6 ECTS)
Introduction to the regulation of transmission activity. The transmission grid in analysis and management models of electrical systems. Planning of the grid in the Spanish electricity system. Nodal pricing. Transmission remuneration, price fixing and economic signaling. Access to the transmission grid. Expansion of the grid and electricity markets. Interconnected power systems. The transmission grid in regional markets. 
Introduction to distribution. Remuneration and tariffs. Assessment of distribution costs. Losses. Reliability and continuity of supply. Wave quality. Commercialization. Electrical efficiency. Review of international experiences. Smart grids.
The natural gas industry and fuel markets (3 ECTS)
Technology, economic aspects and regulation of the natural gas industry: production, storage, transportation, distribution and commercialization. Other non-renewable fuels used to generate electricity: coal, fuel oil, nuclear. Economic, technical and regulatory aspects
Law and Legislation of the power industry (3 ECTS)
Introduction to law and legal regulations. Electricity law. Legal system. Territorial and institutional management. Legal-economic management. Legal aspects of competition protection.
Detailed review of the Law of the Electricity Power Industry, the Law of Hydrocarbons and the regulations implementing both. Comparison with international regulations. European electricity regulations.
Environmental and renewable energy policy (3 ECTS)
Economic assessment of the environmental impact. Regulatory and economic implications of the environmental impact. Environmental policy. Solar photovoltaic. Solar thermal. Wind. Biomass. Co-generation. Environmental Impact of Electricity
Business ethics (1 ECTS)
The value of ethics in a business. Key principles of business ethics. The application of ethics in a business.
Management skills (2 ECTS)
People, groups and organizations. Communication. From the group to the team. Synergy. Elements of efficient teams. People in the teams. Team management. Efficient meetings.

Annual subjects

Master's thesis (6 ECTS)
The aim of this subject is for students to demonstrate that they have acquired the necessary professional skills to be awarded the degree.
Internship (6)
In-company internships where the student enters a real professional working environment, acquiring and putting into practice the skills involved in teamwork, individual responsibility and company discipline.

Note: For those students without prior training in electrical engineering or optimization techniques, the supplementary training subject "Fundamentals on electrical engineering and optimization techniques" provides an understanding of the fundamentals of both subjects, enabling students to understand the contents presented in the Degree's remaining subjects

 

Head of the Masters Degree

Luis Olmos Camacho
Assisstant Researcher, Energy Regulation and Economics Research Group, Smart and Green Networks Research Group, ICAI Engineering School, Pontifical Comillas University.

Academic Coordinator of the Masters Degree

Luis González Sotres
Associate Professor, ICAI Engineering School, Pontifical Comillas University.

Regulation of the electric power industry

Coordinator:
Carlos Batlle López
Associate Professor, ICAI Engineering School, Pontifical Comillas University.
Pablo Rodilla Rodríguez
Associate Research, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University  

Lecturers:

Michel Rivier Abbad
Professor, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University.
Javier Reneses Guillén
Assistant Researcher, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University.
Pedro Linares Llamas
Professor, Institute for Research in Technology, ICAI Engineering School, Vice-rector for Research and Innovation, Pontifical Comillas University
José Ignacio Pérez Arriaga
Professor, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University. Associated Professor, MIT Energy Initiative, Massachusetts Institute of Technology.
Tomás Gómez San Román
Professor, ICAI Engineering School, Pontifical Comillas University 

Decision support models in the electric power industry

Coordinators:
Javier García González
Senior Associate Professor, Decision Support Systems for the Energy Sector Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University.
Andrés Ramos Galán
Professor, Decision Support Systems for the Energy Sector, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

Lecturers:
Efraím Centeno Hernáez
Professor, Director, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University
Tomás Gómez San Román
Professor, ICAI Engineering School, Pontifical Comillas University 
Álvaro Baíllo Moreno
Equity Derivatives, Santander Global Banking & Markets, Banco Santander
Antonio Muñoz San Roque
Professor, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

Electric power systems

Coordinators:
Luis Rouco Rodríguez
Professor, Modelling, Analysis and Control Research Group ; Smart and Green Networks Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University
Damián Laloux Dallemagne
Assistant Professor, Modelling, Analysis and Control Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University.

Lecturers:
Michel Rivier Abbad
Professor, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

Economy of the electric power industry

Coordinators:
Pablo Rodilla Rodríguez
Associate Researcher, Energy Regulation and Economics Research Group ; Decision Support Systems for the Energy Sector Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

Lecturers:
Jesús Pinelo Jiménez
Director for Internal Auditing for Spain and the Rest of the World, Grupo Ferrovial
Eloy Prieto Monterrubio
Director for Financial Operations and Projects, Gas Natural Fenosa.
José Ignacio Martínez del Barrio
José Luis Castro Pérez-Manzuco
Director of Business Origination within the Corporate Development Department of the Iberdrola Group

Wholesale and retail electricity markets

Coordinator:
Carlos Batlle López
Associate Professor, ICAI Engineering School, Pontifical Comillas University
Pablo Rodilla Rodríguez
Research Associate, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

Lecturers:
Álvaro Baíllo Moreno
Equity Derivatives, Santander Global Banking & Markets, Banco Santander

Network Business: Transmission, Distribution and Smart Grids

Coordinators:
Michel Rivier Abbad
Professor, Energy Regulation and Economics Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University
Rafael Cossent Arín
Assistant Researcher, ICAI Engineering School, Pontifical Comillas University 

Lecturers:
Luis Olmos Camacho
Assistant Researcher, ICAI Engineering School, Pontifical Comillas
Pablo Frías Marín
Assistant Professor, ICAI Engineering School, Pontifical Comillas University 
Tomás Gómez San Román
Professor, ICAI Engineering School, Pontifical Comillas University
José Pablo Chaves Ávila
Assistant Researcher, ICAI Engineering School, Pontifical Comillas University  

Environmental and renewable energy policy

Coordinator:
Pedro Linares Llamas
Professor, Energy Regulation and Economics Research Group ; Decision Support Systems for the Energy Sector Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University

The natural gas industry and fuel markets

Coordinators:
Ernesto Parrilla Pozzy
Gas Operations Manager, Iberdrola Group

Law and Legislation of the power industry

Coordinator:
Vicente López-Ibor Mayor
Partner-Chairman, International Law Firm.
Tomás Gómez San Román
Professor, ICAI Engineering School, Pontifical Comillas University

Business ethics

Coordinators:
Ignacio Ramos Villar 
Associate Professor, Pontifical Comillas University.

Management skills

Coordinators:
Anthony Wilson
Trainer in Internacional business communication skilss and presentations. Pontificial Comillas University; Nexus Executive Development; British Council.

Fundamentals on electrical engineering and optimization techniques

Coordinators:
Damián Laloux Dallemagne
Assistant Professor, Modelling, Analysis and Control Research Group, Institute for Research in Technology, ICAI Engineering School, Pontificial Comillas University
Francisco Alberto Campos Fernández
Assistant Researcher, Institute for Research in Technology, ICAI Engineering School, Pontificial Comillas University

Lecturers:
Michel Rivier Abbad
Professor, Energy Regulation and Economics Research Group, Institute for Research in Technology, ICAI Engineering School, Pontifical Comillas University
Sonja Wogrin
Professor, Institute for Research in Technology, ICAI Engineering School, Pontificial Comillas University

Master´s Thesis

Coordinador:
Luis Olmos Camacho
Assisstant Researcher, Energy Regulation and Economics Research Group, Smart and Green Networks Research Group, ICAI Engineering School, Pontifical Comillas University. 

Internship

Coordinador:
Luis Olmos Camacho
Assisstant Researcher, Energy Regulation and Economics Research Group, Smart and Green Networks Research Group, ICAI Engineering School, Pontifical Comillas University. 




Of the various sectors in which you can kick-start your professional career, the energy sector, and in particular the electrical sector, has some very appealing features. The worldwide boom in the use of electrical energy, the creation of electrical markets, the emergence of new business arenas for companies, the implementation of new renewable energy generation technologies, the interaction with other sectors such as the gas industry, the need for regulating specific activities within this industry and including environmental impact criteria, the internationalization of energy markets, and so on, are only a few examples outlining the various fields in which it is possible to have an exciting professional career. Given the changes that have taken place in the last couple of years, the main focus is on the need to update training for the new generations of experts and professionals so that they may be able to develop, research and innovate within the international electrical energy sector. With this in mind the Official Master's Degree in the Electric Power Industry was designed, taking ICAI School of Engineering and the Institute for Research in Technology long history of professional training and research within the electrical sector as a benchmark.

Profile of students graduating in the programme:
The MEPI programme prepares students for pursuing a professional career in the field of the planning and operation of the generation, transmission, distribution, and retail activities within the power sector, as well as the system and market operation, or the analysis and development of regulation related to any of these activities.
Based on the knowledge and competences acquired within the programme, students graduating from it may kick-start, or boost, their career in electric utilities (dealing with the management of generation, retail and distribution activities), transmission companies, system and/or market operation entities, regulatory bodies, as well as within consultancy firms providing advice and analyses on all the above mentioned topics.

Access to PhD programmes
Although this Master Programme is not focused on research, the knowledge gained in it about the functioning of the electric power industry may be useful for someone willing to enter a doctorate programme in electrical engineering or the power sector.

 

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