Postgraduate DiplomaEnergy and Networks Applications open

Postgraduate Diploma in Probabilistic Reliability (LOLE/ELCC)

Online 800-hour Postgraduate Diploma in Probabilistic Reliability (LOLE/ELCC). 8 modules covering Regulation (EU) 2019/943 (internal electricity market), ERAA Methodology (ACER, European resource adequacy assessment) and PLEXOS. Dedicated tutor and open enrolment.

Duration800 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
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Learning outcomes

What you will be able to do

01

Explain the concepts of system adequacy and reliability.

02

Build probabilistic models of generation and demand.

03

Calculate LOLE, LOLP and EENS indicators.

04

Estimate the ELCC capacity credit of renewables and storage.

05

Apply these indicators to capacity planning.

06

Assess the reliability of the transmission network.

07

Communicate adequacy results for decision-making.

Profile

Who it's for

  • System adequacy analyst who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Capacity planner who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Grid reliability engineer who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Electricity market analyst who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Regulatory consultant who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Energy modeller who wants to specialise in Probabilistic Reliability (LOLE/ELCC).
  • Graduates in engineering or sciences seeking to join system operators.
Standards & tools

What you'll work with

  • Regulation (EU) 2019/943 (internal electricity market)
  • ERAA Methodology (ACER, European resource adequacy assessment)
  • IEEE 762 (definitions of generating unit availability)
  • Regulation (EU) 2019/941 (risk preparedness)
  • Regulation (EU) 2017/1485 (system operation)
  • NERC MOD-025 (verification of generator capability)
Syllabus

8 modules · 800 h

  1. 1.1Adequacy versus security
  2. 1.2LOLE, LOLP and EENS indicators
  3. 1.3Reliability standard and VOLL
  4. 1.4Cost of new entry (CONE)
  5. 1.5ENTSO-E ERAA European assessment
  6. 1.6ACER methodology for the reliability standard
  7. 1.7National resource adequacy assessments
  8. 1.8Risk factors with high renewable penetration
  9. 1.9Adequacy in isolated systems
  10. 1.10Case study: interpreting an ERAA report
  1. 2.1Capacity outage probability tables
  2. 2.2Two-state failure models
  3. 2.3Equivalent forced outage rate (EFOR)
  4. 2.4Capacity convolution
  5. 2.5Sequential Monte Carlo simulation
  6. 2.6Non-sequential simulation
  7. 2.7Climate years and correlation
  8. 2.8Demand modelling
  9. 2.9Convergence and coefficient of variation
  10. 2.10Laboratory: LOLE calculation by convolution in Python
  1. 3.1Hourly modelling of wind and solar
  2. 3.2Correlation with temperature and demand
  3. 3.3Renewable droughts and Dunkelflaute
  4. 3.4Limited-duration storage
  5. 3.5Hydro reservoir management
  6. 3.6Demand response in adequacy
  7. 3.7Interconnections and external contribution
  8. 3.8Dispatch models in simulation
  9. 3.9Reanalysis climate data
  10. 3.10Practice: adequacy simulation with storage
  1. 4.1Concept of effective load carrying capacity (ELCC)
  2. 4.2Average versus marginal ELCC
  3. 4.3Calculation by equivalent capacity search
  4. 4.4ELCC saturation with penetration
  5. 4.5Battery ELCC by duration
  6. 4.6Interactions between resources
  7. 4.7Derating factors in capacity markets
  8. 4.8PJM, CAISO and ERCOT methodologies
  9. 4.9European derating methodologies
  10. 4.10Workshop: calculating the ELCC of a solar plant
  1. 5.1Generation expansion with reliability criteria
  2. 5.2Capacity expansion models
  3. 5.3Integrating adequacy and planning
  4. 5.4Capacity markets and mechanisms
  5. 5.5Strategic reserve
  6. 5.6Capacity auctions
  7. 5.7Economic valuation of reliability
  8. 5.8Energy transition scenarios
  9. 5.9Tools: Antares, PLEXOS and GridPath
  10. 5.10Laboratory: simulation with Antares Simulator
  1. 6.1Composite generation-transmission reliability
  2. 6.2Transmission reliability indices
  3. 6.3Distribution reliability: SAIDI and SAIFI
  4. 6.4Grid failure analysis in adequacy
  5. 6.5Climate risk and extreme events
  6. 6.6Interconnection reliability
  7. 6.7Resilience metrics
  8. 6.8NERC planning standards
  9. 6.9Integrating reliability into grid planning
  10. 6.10Case study: composite reliability of a test system
  1. 7.1Interpreting results for regulators
  2. 7.2Uncertainty and sensitivities
  3. 7.3Complementary metrics: duration and frequency
  4. 7.4Communicating risk to decision-makers
  5. 7.5Peer review of methodologies
  6. 7.6Transparency and data publication
  7. 7.7Controversial market cases
  8. 7.8Common errors in adequacy studies
  9. 7.9Adequacy studies for investment
  10. 7.10Practice: executive report on an adequacy study
  1. 8.1System definition and horizon
  2. 8.2Collection of generation and demand data
  3. 8.3Probabilistic modelling
  4. 8.4LOLE and EENS calculation
  5. 8.5ELCC calculation for resources
  6. 8.6Sensitivity analysis
  7. 8.7Capacity recommendations
  8. 8.8Results report
  9. 8.9Written report and presentation
  10. 8.10Final review with the tutor
Methodology, software & labs

How you'll learn

Training 100 % online on the SEIUM campus, with downloadable material, recorded lectures and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is PLEXOS, Antares Simulator, Python (NumPy, pandas), GE MARS, in free, academic or evaluation versions. Practical exercises are based on real procedures for Monte Carlo adequacy simulations, ELCC calculation for renewables and storage, and analysis of planning scenarios. Assessment is continuous, module by module, plus a final integrating project.

Accreditable laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-focused Master's Thesis (final project):safety case, test plan, compliance dossier and operational limits.
Industry mentoring:instructors with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, OT cybersecurity, DIH and compliance as core pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

System definition and horizon

Explain the concepts of system adequacy and reliability.

Collection of generation and demand data

Build probabilistic models of generation and demand.

Probabilistic modelling

Calculate LOLE, LOLP and EENS indicators.

LOLE and EENS calculation

Estimate the ELCC capacity credit of renewables and storage.

ELCC calculation for resources

Apply these indicators to capacity planning.

Career opportunities

Where this takes you

System adequacy analystCapacity plannerGrid reliability engineerElectricity market analystRegulatory consultantEnergy modeller
Admissions & scholarships

Requirements

  • Prior technical training or professional experience in the sector. A university degree is not required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient level of Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme consists of 800 hours in total, spread over 6 to 8 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.

You will work with PLEXOS, Antares Simulator, Python (NumPy, pandas), GE MARS. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM diploma upon passing the continuous assessment and the final integrating project. It is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised towards the advanced programme. Check the recognition policy when you enrol.

Postgraduate Diploma in Probabilistic Reliability (LOLE/ELCC)Enrol
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