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2016-01: Risk Management in Power Systems: from Theory to Practice
June 15-17, 2016


INESC Technology and Science (INESC TEC)

Local Organizing Committee

Manuel A. Matos was born in 1955 in Porto, Portugal. He received the El.Eng., Ph.D., and Aggregation degrees from the Faculty of Engineering of the University of Porto (Portugal). He is with the FEUP since 1978 (Full Professor since 2000). He is also coordinator of the Centre for Power and Energy Systems of INESC TEC. He is presently the director of the Doctoral Program on Sustainable Energy Systems under the MIT-Portugal program. He participated in several European Projects like CARE, MORE CARE, MICROGRIDS, MORE MICROGRIDS, ANEMOS PLUS, SuSTAINABLE, evolvDSO and led other international projects like the RESERVES project and tool, with the Portuguese and Spanish TSO. His research interests include classical and fuzzy modeling of power systems, reliability, optimization and decision-aid methods.

Ricardo Bessa received his Licenciado (five-year) degree from the Faculty of Engineering of the University of Porto, Portugal (FEUP) in 2006 in Electrical and Computer Engineering. In 2008, he received the M.Sc. degree in Data Analysis and Decision Support Systems on the Faculty of Economics of the University of Porto (FEP). He obtained his Ph.D. degree in the Doctoral Program in Sustainable Energy Systems (MIT Portugal) at FEUP in 2013. Currently, he is a Senior Researcher and Area Manager at INESC TEC in its Center for Power and Energy Systems. He worked in several international projects such as the European Projects FP6, FP7 SuSTAINABLE, FP7 EvolvDSO, Horizon 2020 SENSIBLE and UPGRID and an international collaboration with Argonne National Laboratory for the U.S. Department of Energy. He is co-author of 23 journal papers, 52 conference papers and 3 book chapters about renewable energy forecasting, power system operation and electricity markets.

Introduction and Objectives

The integration of variable Renewable Energy Sources (RES) in electric power systems implies major changes in power system operation and planning procedures, as well as in the design of electricity markets. This requires advanced computational tools to handle RES uncertainty and variability and new regulatory frameworks. This course aims to cover different theoretical and practical aspects of risk management in power systems, such as operating/static reserve long-term monitoring, setting operating reserve requirements, network planning and dynamic line rating. New electricity market frameworks (e.g., stochastic electricity market-clearing) to better integrate RES and market bidding strategies for RES power plants are also covered in this course. Finally, emergent topics such as integration of RES and demand-side management (DSM) in distributions networks and isolated power systems are covered.


Manuel Matos, INESC TEC/FEUP, Portugal
Ricardo Bessa, INESC TEC, Portugal
Athanasios Papakonstantinou, DTU, Denmark
George Kariniotakis, MINES ParisTech/ PERSEE, France
Andea Michorri, MINES ParisTech/ PERSEE, France
Julio Usaola, Universidad Carlos III de Madrid, Spain
João Catalão, INESC TEC/FEUP, Portugal
Keith Bell, University of Strathclyde, Scotland
Albino Marques, Head of System Operations - REN, Portugal
Damien Ernst, University of Liège, Belgium


Day 1- Power System Planning

(9h15–9h30) Course Opening (Manuel Matos, INESC TEC/FEUP)
(9h30–10h30) Risk management in the Portuguese electric power systems (Albino Marques, Head of System Operations - REN)
(10h30-11h00) Coffee-break
(11h00-12h30) Paradigms of decision-making under risk (Manuel Matos, INESC TEC/FEUP)
(12h30-14h00) Lunch
(14h00-16h00) Transmission network planning (Keith Bell, University of Strathclyde)
(16h00-16h30) Coffee-break
(16h30–18h30) Monitoring the reserve capacity of a power system (Manuel Matos, INESC TEC/FEUP)

Day 2 – Power System Operation and Electricity Markets

(8h30-10h00) Uncertainty forecast of renewable energy (George Kariniotakis, MINES ParisTech/ PERSEE)
(10h00-10h30) Coffee-break
(10h30–12h00) Setting the operating reserve requirements and stochastic unit commitment (Ricardo Bessa, INESC TEC)
(12h00-13h30) Lunch
(13h30-15h00) Probabilistic power flow (Julio Usaola, Universidad Carlos III de Madrid)
(15h00-16h30) Participation of renewable generation in the electricity market (Julio Usaola, Universidad Carlos III de Madrid)
(16h30-16h45) Coffee-break
(16h45–18h45) Future electricity markets (Athanasios Papakonstantinou, DTU)

Day 3 – Isolated Power Systems and Flexibility

(8h30-10h30) Integration of renewable energy sources and demand-side management into distribution networks (Damien Ernst, University of Liège)
(10h30-11h00) Coffee-break
(11h00–12h30) Integration of renewable generation in isolated systems (João Catalão, INESC TEC/FEUP)
(12h30-14h00) Lunch
(14h00-15h30) Dynamic Line Rating (Andrea Michiorri, MINES ParisTech/ PERSEE)
(15h30–16h30) Final discussion and course closure (Ricardo Bessa, INESC TEC)


The course will take place at INESC TEC buildings, situated in the Campus of the Faculty of Engineering of the University of Porto, in Porto, Portugal.

Course fees

Course fees will include lectures, course aids (lectures on CDs, leaflets, brochures, etc.), coffee breaks, three lunches and a course dinner in a restaurant.
An invoice will be given to each registered participant during the Course.
Payments are requested before the beginning of the Course.
To register, please fill in the form

Accommodation and further information

See the Leaflet