Power Systems Operation and Markets

3 credits · Undergraduate Programs

Power system operation and economic load dispatch, concept of marginal cost, Kuhn-Tucker's conditions of optimum, unit commitment, hydro-thermal coordination, power flow analysis, optimal power flow, probabilistic production simulation, power pools and electricity markets, market design, auction models, power system reliability, primary & secondary frequency control and AGC, steady-state and transient stability, power sector financing & investment planning. Prerequisite(s): Electrical Engineering 487.