Basic Information

• Course Code: EE722
• Course Name: Restructured Power System
• Course Offered In: 2023-2024
• Semester Season: Autumn
• Instructors: Prof. Anupama Kowli
• Prerequisites: None
• Difficulty (1 being easy and 5 being tough): 3

Course Content

Fundamentals of restructured system, Market Architecture, Load Elasticity, Social welfare maximization, 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

Feedback on Lectures

Lectures are crucial in this course. While slides are provided, the in-class content is highly beneficial. The lectures primarily focus on economics and optimization and are easy to grasp if you attend all of them, as each one is important

Feedback on Evaluations

The evaluation is fair. You get marks if your method is correct. For some questions they might be strict.

Study Material and Resources

Lectures and the slides provided are sufficient

Follow-up Courses

None

Final Takeaway

This course is mostly based on economics of the power systems and not the theory of power. You will like this course if you like optimization problems and market problems.