Subject: Power Systems Economics
(17 -
DE508) Basic Information
Course specification
Course is active from 01.10.2005.. Precondition courses
Acquiring of advanced knowledge of the power systems economics, methods for economic analysis, profitability of power network automation and efficiency of smart grid. Advanced knowledge of power system economics, managing methods for economic analysis of power systems, and managing methods of automation and efficiency of smart grid. Power systems economics in deregulated environment, participants and economics of open electricty market. Regulatory models, access cost to transmission and distribiution power networks, transmission networks and market.
Technical and economic analysis of construction and operation of power facilities, economic utilization and exploitation of power facilities in deregulated environment.
Advanced technologies for automation and establishment of smart power grid. Technical and economic anaysis of smart grid automation, benefits of automation, total cost of investment and exploitation during the lifetime, profitability.
Lectures or consultation. Research study.
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