Course Summary
The course will provide students with a working knowledge of power systems and electricity industry restructuring, its impact on industry regulation, and the role of environmental concerns and the development of alternative generation technologies. Specific topics include: Introduction to Electricity Industry; Electric Power Industry Structure; Electricity Demand and Supply Dynamics; Cost Structures; Economics of Electric Power Generation Transmission and Power Flow; Capital Planning: Regulated Versus Restructured; Transmission Access and Wheeling; Ancillary Services; Alternative Energy Policies and Programmes; Climate Change and Impact on Generation Investments; Legal and Regulatory Issues in Electricity Economics; and Global Case Studies and Electricity Sector Reforms.