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» News > Education, IIT > IIT, Argonne and Korea Power Exchange Develop New Graduate Program in Electricity Markets
Illinois Institute of Technology (IIT) recently signed an agreement with the U.S. Department of Energy’s Argonne National Laboratory and the Korea Power Exchange (KPX) to establish a joint professional master’s degree program in the study of electricity markets. The hands-on training and research opportunities provided by the IIT Department of Electrical and Computer Engineering (ECE) and Argonne will help KPX’s employees better provide a stable electricity supply to the largest competitive market in Asia.
As part of the agreement, KPX will send members of its technical staff to Chicago every two years to enroll in the power engineering program at IIT. KPX staff will take courses from the Master of Electricity Markets curriculum while conducting applied research at Argonne in exchange for credit toward their degree. Students will learn to address concerns including global warming, renewable energy resources, blackout mitigation, security, and planning for future electricity systems. The first class of KPX staff members will enroll at IIT this fall.
The KPX participants will also work on research projects conducted jointly between IIT’s ECE Department and the Center for Energy, Environmental, and Economic Systems Analysis in Argonne’s Decision and Information Sciences Division.
More : newswiretoday.co
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