What you'll learn:
- Power Management by System Operators, how Power Procurement is done,
- Power Tariff Determination, Load Forecasting,
- Power Scheduling and Dispatch,
- Power Purchase Drafting, How Power Exchange works
- Power Trading in India
- How Power Regulatory Commissions work in India
- How Smartgrid and Microgrid works
In this course students will learn on how Power Management is done by Distribution utilities and System operator (Grid operator), which includes Power Procurement: Long Term, Medium Term, Short Term, Hoe tariff is determined of Thermal Power Plant, Hydro Power Plant, Solar, Wind. What are the components of tariff. How Load forecasting is done by Load Dispatch centers, how power is scheduled under long term, medium term and short term. What are the ways to reduce Power Purchase Cost, how Power Exchange works.