EE633A - Electric power system operation and mgmt. Under restructured environment
Prerequisites:
3-0-0-9
Course Contents
Fundamentals of deregulation: Privatization and deregulation, Motivations for Restructuring the Power industry; Restructuring models and Trading Arrangements: Components of restructured systems, Independent System Operator (ISO): Functions and responsibilities, Trading arrangements (Pool, bilateral & multilateral), Open Access Transmission Systems; Different models of deregulation: U K Model, California model, Australian and New Zealand models, Deregulation in Asia including India, Bidding strategies, Forward and Future market; Operation and control: Old vs New, Available Transfer Capability, Congestion management, Ancillary services; Wheeling charges and pricing: Wheeling methodologies, pricing strategies.
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