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    Co-Requisite: Prerequisite: Data Book / Codes/Standards Course Category Course Designed by Approval

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    Rajalearn2 Ramlearn2
    1. This course introduces students to power system deregulation and the role of different entities in deregulated electricity markets. 2. Students will learn about the independent system operator and its role in operational planning, including unit commitment and managing pool and bilateral electricity markets. 3. Transmission pricing mechanisms are also covered, including embedded cost and incremental cost transmission pricing approaches as well as open access and congestion management in deregulated systems.

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    Co-Requisite: Prerequisite: Data Book / Codes/Standards Course Category Course Designed by Approval

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    Rajalearn2 Ramlearn2
    14 views2 pages
    1. This course introduces students to power system deregulation and the role of different entities in deregulated electricity markets. 2. Students will learn about the independent system operator and its role in operational planning, including unit commitment and managing pool and bilateral electricity markets. 3. Transmission pricing mechanisms are also covered, including embedded cost and incremental cost transmission pricing approaches as well as open access and congestion management in deregulated systems.

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    EE401L-ElectricDrivesLaboratory

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    EE401L-ElectricDrivesLaboratory

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    1. This course introduces students to power system deregulation and the role of different entities in deregulated electricity markets. 2. Students will learn about the independent system operator and its role in operational planning, including unit commitment and managing pool and bilateral electricity markets. 3. Transmission pricing mechanisms are also covered, including embedded cost and incremental cost transmission pricing approaches as well as open access and congestion management in deregulated systems.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    14 views2 pages

    Co-Requisite: Prerequisite: Data Book / Codes/Standards Course Category Course Designed by Approval

    Uploaded by

    Rajalearn2 Ramlearn2
    1. This course introduces students to power system deregulation and the role of different entities in deregulated electricity markets. 2. Students will learn about the independent system operator and its role in operational planning, including unit commitment and managing pool and bilateral electricity markets. 3. Transmission pricing mechanisms are also covered, including embedded cost and incremental cost transmission pricing approaches as well as open access and congestion management in deregulated systems.

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    © All Rights Reserved
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    of 2

    L T P C

    15EE453E Power System Deregulation


    3 0 0 3
    Co-requisite: NIL
    Prerequisite: NIL
    Data Book /
    NIL
    Codes/Standards
    Course Category P PROFESSIONAL ELECTIVE POWER SYSTEMS
    Course designed by Department of Electrical and Electronics Engineering
    Approval 32 ndAcademic Council Meeting, 2016

    PURPOSE To study the various role of entities in restructured and deregulated power system
    INSTRUCTIONAL OBJECTIVES STUDENT OUTCOMES
    At the end of the course, student will be able to
    Understand the basics of deregulation, power system economic operation and its
    1. a c e
    benefits
    2. Learn the role of independent system operator a c e h j
    3. Understand the transmission services a c e h j
    4. Acquire knowledge on security and congestion management a c e h j

    Contact C-D-
    Session Description of Topic IOs Reference
    hours I-O
    UNIT I: INTRODUCTION TO
    9
    DEREGULATION
    Introduction- Deregulation- Different entities in
    1. 2 C 1 1,2
    deregulated electricity markets
    Background from competitive electricity markets-
    2. 2 C 1 1,2
    After effects of deregulation
    Review of Economic Load Dispatch problem
    3. 3 C 1 1,2
    (ELD)
    4. Recent developments in ELD 2 C 1 1,2
    UNIT II: POWER SYSTEM ECONOMIC
    9
    OPERATION
    Optimal power flow (OPF) as a basic tool- OPF
    5. 3 C 1 1,2
    model- Examples
    6. Characteristic features of OPF 1 C 1 1,2
    7. Unit commitment- basic model, additional issues 2 C 1 1,2
    Formation of power pools- Energy Brokerage
    8. 3 C 1 1,2
    system.
    UNIT III: ROLE OF INDEPENDENT
    9
    SYSTEM OPERATOR
    Role of Independent system operator (ISO) -
    9. structure of UK and Nordic Electricity deregulated 1 C 2 1,2,3
    market
    Operational planning activities of ISO- ISO pool
    10. 3 C 2 1,2,3
    and bilateral markets
    Operational planning activities of GENCO -
    11. GENCO in pool and bilateral markets- Market 3 C 2 1,2,3
    participation issues
    UC in deregulated environment- Competitive
    12. 2 C 2 1,2,3
    bidding.
    UNIT IV: TRANSMISSION PRICING 9
    13. Power wheeling- Transmission open access 2 C 3 1,2,4
    Cost components in transmission pricing of power
    14. transactions and embedded cost based transmission 3 C 3 1,2,4
    pricing
    15. Incremental cost based transmission pricing 3 C 3 1,2,4
    Transmission open access and pricing mechanisms
    16. 1 C 3 1,2,4
    in various countries
    UNIT V: SECURITY AND CONGESTION
    9
    MANAGEMENT

    EE-Engg&Tech-SRM-2015 103
    Developments in international transmission
    17. pricing- Security management in deregulated 3 C 4 1,2,5
    environment- scheduling of spinning reserves
    18. Interruptible load options for security management 3 C 4 1,2,5
    19. Congestion management in deregulation 2 C 4 1,2,5
    20. Economic instruments for handling congestion. 1 C 4 1,2,5
    Total contact hours 45

    LEARNING RESOURCES
    Sl. No. TEXT BOOKS
    1 Kankar Bhattacharya,”Operation of Restructured Power Systems”, Kluwer academic publishers, 2001.
    Mohammad Shahidehpoura and Muwaffaq A lomoush “Restructured Electric Power System operation
    2
    trading and volatility”, Macsel Dekker Inc,2001
    3 Zaccour.G. “Deregulation of Electric Utilities”, Kluwer academic publishers, 1998
    REFERENCE BOOKS/OTHER READING MATERIAL
    4 Sally Hunt, “Making competition work in electricity”, John Willey and Sons Inc. 2002.
    5 Steven Stoft, “Power system economics: designing markets for electricity”, John Wiley & Sons, 2002

    Course nature Theory


    Assessment Method (Weightage 100%)
    In- Assessment tool Cycle test I Cycle test II Cycle Test III Surprise Test Quiz Total
    semester Weightage 10% 15% 15% 5% 5% 50%
    End semester examination Weightage : 50%

    EE-Engg&Tech-SRM-2015 104

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