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1. Swami Keshvanand Institute of Technology,
Management and Gramothan,
Course Name:-Restructured Power System
Course Code:-5EE5-11
Pooja Jain
Assistant Professor
DEPARTMENT OF ELECTRICAL ENGINEERING

2. Restructured Power System
5EE5-11
SCHEME
2 L & 2 Cr
20(IA)+80(ETE)=100 Marks

3. Course Objectives
The objectives of this course are:
1. To provide in-depth understanding of operation of deregulated
electricity market systems.
2. To examine topical issues in electricity markets and how these are
handled world-wide in various markets.
3. To train the students to analyze various types of electricity market
operational and control issues under congestion management.
4. To understand the operation of ancillary
5. To learn different pricing mechanism and power trading in
restructured power system.

4. Course Outcomes
After completion of this course, students will be able
to –
COURSE
OUTCOME SIGNIFICANCE
C5EE5-11.1
Understand the need of restructuring of power system, different entities in deregulated environment, different
market place mechanism and reasons and objectives of deregulation of various power system across all over the
world.
C5EE5-11.2
Acquire knowledge of basic concepts of economics and able to applied them to solve practical applications
through numerical analysis.
C5EE5-11.3
Grasp the knowledge of various market models, levels of competition exist among these models and features of
electricity as a commodity.
C5EE5-11.4
Acquire the knowledge, importance, effects and classification of Congestion Management methods and able to
calculate ATC using different mechanisms.
C5EE5-11.5 Gain the information about various ancillary services and markets for these services in National and
International scenario.
C5EE5-11.6
Familiar with different pricing mechanism of electric energy and trading of power under deregulated
environment and also know about how to access market power through different indices.

5. Dr.Akash saxena
Professor
Department of Electrical Engineering
COURSE INCHARGE
• B. Tech (EE)
Engineering College
Kota,(2001)
• M.Tech (Power Systems)
MNIT,Jaipur(2008)
• Ph.D (Power System
Dynamics)
MNIT,Jaipur(2008)
19 year Experience

6. Mrs.Suman Sharma
Associate Professor
Department of Electrical Engineering
• B. Tech (EEE)
Jaipur(2003)
• M.Tech (Power Systems)
MNIT JAIPUR (2009)
• Ph.D (Power System)
MNIT,Jaipur(2008)
Experience 15 years

7. Mrs.Pooja Jain
Assistant Professor
Department of Electrical Engineering
• B. Tech (EE)
GVSET,Jaipur(2011)
• M.Tech (Power Systems)
MNIT,Jaipur(2016)
• Ph.D*
RTU,Kota
Experience 9 years

8. Mrs. Kavita Jain
Assistant Professor
Department of Electrical Engineering
• B. Tech (EE)
LIET,Alwar(2012)
• M.Tech (Power Systems)
RTU,Kota(2017)
• Ph.D*
RTU,Kota
Experience 7 years

9. Mr.Jinendra Rahul
Assistant Professor
Department of Electrical Engineering
• B.E(Applied EIC)
R.N.Modi,Kota(2008)
• M.Tech (Power Systems)
UCE,Kota (2013)
Experience 10 years

11. Lecture Bifurcation
S. NO CONTENT LEC REQUIRED DELIEVERED BY
1 Introduction 1 Mrs.Pooja Jain
2 Chapter 1 3 Mrs.Suman Sharma
3 Chapter 2 2 Mrs.Suman Sharma
4 Chapter 3 3 Mr. Jinendra Rahul
5 Chapter 4 3 Mrs.Pooja Jain
6 Chapter 5 1 Mrs.Pooja Jain
7 Chapter 6 3 Mrs. Kavita Jain
TOTAL 16

12. CHAPTER 1
Introduction to Restructuring of Power
Industry
Reasons for restructuring of power industry; Understanding the re-
structuring process,
Entities involved, The levels of competition,
The market place mechanisms,
Sector-wise major changes required;
Reasons and objectives of deregulation of various power systems across
the world.

13. CHAPTER 2
Fundamentals of Economics
 Consumer and suppliers behavior, Total utility and marginal utility
 Law of diminishing marginal utility, Elasticity of demand and supply
curve
 Market equilibrium, Consumer and supplier surplus,
 Global welfare, Deadweight loss

14. CHAPTER 3
The Philosophy of Market Models
 Monopoly model, Single buyer model, Wholesale competition
model, Retail competition model,
 Distinguishing features of electricity as a commodity,
 Four pillars of market design
 Cournot, Bertrand and Stackelberg competition model

15. CHAPTER 4
Transmission Congestion Management
 Transfer capability, Importance of congestion management, Effects of
congestion, Classification of congestion management methods
 ATC, TTC, TRM, CBM, ATC calculation using DC and AC model
 Nodal pricing, Locational Marginal Prices (LMPs), Implications of nodal
pricing
 Price area congestion management Capacity alleviation methods..
 Re-dispatching, Counter-trade, Curtailment

16. CHAPTER 5
Ancillary Service Management
 Type and start capability service, Provisions of ancillary services
 Markets for ancillary services, Co-optimization of energy and
reserve services,
 Loss of opportunity cost, International practices of ancillary
services.

17. CHAPTER 6
Pricing of transmission network usage and Market
power
 Introduction to transmission pricing, Principles of transmission
pricing, Classification of transmission pricing
 Rolled-in transmission pricing paradigm. Attributes of a perfectly
competitive market
 The firm’s supply decision under perfect competition, Imperfect
competi-tion, Monopoly, Oligopoly
 Effect of market power, Identifying market power
 HHI Index, Entropy coefficient, Lerner index.

18. Reference Books
• Fundamentals of Power System economics, Daniel Kirschen and Goran
Strbac, John Wiley & Sons Ltd, 2004.
• Electrical Power Systems: Analysis, Security and Deregulation,by P.
Venkatesh ,B.V Manikandan,. S. Charles Raja, A.Srinivasan”,,PHI
• Making competition work in electricity Sally Hunt, John Wiley & Sons,
Inc., 2002.
• Operation of restructured power systems Kankar Bhattacharya, Jaap E.
Daadler, Math H.J Bollen, Kluwer Academic Pub., 2001.
• Power System Operation,Control and Restructuring, by
“S.K.Gupta”,I.K.International
• Market Operations in Electric Power Systems, by
“Shahidehpour,Yamin,LI”, Wiley
• NPTEL Restructured Power System lecture.

19. THANK YOU