PEE207: POWER SYSTEM PLANNING & RESTRUCTURING

 

L

T

P

Cr

3

0

0

3.0

Course Objectives:

1.      To explore objectives of national and regional planning of electricity

2.      To understand criteria of generation planning

3.      To explain solution methodologies of forecasting

4.      To impart learning about optimal power system expansion and its planning

5.      To learn about unintegrated and bundled power systems

Introduction of Power Planning: Objectives, National and Regional Planning, Long and short term planning, Structure of Power System, Planning tools, Electricity Regulation, Load forecasting: Characteristics of loads, Methodology of forecasting, Energy forecasting, Peak demand forecasting, Total forecasting, Annual and monthly peak demand forecasting.

 

Generation Planning: Introduction, Integrated power generation cogeneration/captive power, Power pooling and power trading.

 

Optimal Power System Expansion Planning: Introduction, Formulation of least cost optimization problem incorporating the capital, Operating and maintenance cost of candidate plants of different types (Thermal, Hydro, Nuclear, Non-conventional etc.) and minimum assured reliability constraint: Optimization techniques for solution by programming.

 

Transmission and Distribution Planning: Introduction, Transmission planning under uncertainty, Power sector finance, Financial planning, Private participation Rural Electrification investment, Concept of Rational tariffs, Environmental effects, The greenhouse effect, Technological impacts.

Restructuring: Operation of vertically integrated power systems, Models and examples of deregulated operation, Independent power producers, Optimal dispatch based on offers and bids, Unit commitment, Power wheeling, Transmission pricing and congestion, Allocation of spinning reserve, Demand side bidding, Pricing schemes, Competitive electricity markets.

 

Minor Project: Prepare a report of risk assessment and econometric analysis of generation planning

 

Course Learning Outcomes (CLO):

On the completion of the course, the student will be able:

1.      To understand the concept and significance of power system restructuring and integrated generation.

2.      To formulate the power system generation expansion as an optimization problem with cost, emission and reliability as major constraints

3.      To qualify the technological impacts of transmission & distribution planning under uncertainty factors

4.      To conceptualize the impact of bidding and pricing in competitive electricity markets.

Recommended Books:

1.    X. Wang, J.r. McDonald, Modern Power System Planning, McGraw Hill Int. Ed. (1994).

2.    Sullivan, R.L., Power System Planning, Heber Hill (1977).

3.    Lai, L.L., Power System Restructuring and Deregulation: Trading Performance and     Information Technology, John Wiley and Sons (2001).

4.    National Power System Planning Commission Annual Reports, GOI, India.