Course Content
OPF: Role in vertically integrated systems and in restructured markets, Congestion Management, Optimal Bidding, Risk assessment and Hedging, Transmission Pricing and Tracing of power, Ancillary Services, Standard Market Design, Distributed Generation in restructured markets, Developments in India, IT applications in restructured markets, Working of restructured power systems : PJM
Text / References
- 1 Understanding electric utilities and de-regulation, Lorrin Philipson, H. Lee Willis, Marcel Dekker Pub., 1998.
- 2 Power system economics: designing markets for electricity Steven Stoft, John Wiley & Sons, 2002.
- 3 Operation of restructured power systems. Kankar Bhattacharya, Jaap E. Daadler, Math H.J. Boolen, Kluwer Academic Pub., 2001.
- 4 Restructured electrical power systems: operation, trading and volatility Mohammad Shahidehpour, Muwaffaq Alomoush, Marcel Dekker Pub., 2001.