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The exhaustive list of topics in Restructured Power Systems in which we provide Help with Homework Assignment and Help with Project is as follows:

  • Restructuring of power industry
    • Reasons for restructuring / deregulation of power industry
    • Understanding the restructuring process
    • Entities involved
    • The levels of competition
    • The market place mechanisms
    • Sector-wise major changes required
    • Deregulation
    • Reasons and objectives of deregulation of various power systems across
    • The world
    • The US
    • The UK
    • The Nordic Pool
    • The developing countries
    • Conclusion
  • Consumer behaviour:
    • Total utility and marginal utility
    • Law of diminishing marginal utility
    • Consumer surplus
    • Consumer equilibrium
    • Market demand curve
    • Demand elasticity
    • Supplier behaviour
  • Law of diminishing marginal product:
    • Supply functions
    • Supplier equilibrium
    • Supplier surplus
    • Supplier elasticity
  • Market equilibrium
    • Global welfare
    • Deadweight loss
  • Short-run and Long-run costs
  • Various costs of production
    • Total cost (TC)
    • Average fixed cost (AFC)
    • Average variable cost (AVC)
    • Average cost (AC)
    • Marginal cost (MC)
  • Relationship between short-run and long-run average costs
  • Perfectly competitive market:
    • The firm's supply decision under perfect competition
  • The Philosophy of Market Models:
  • Market models based on contractual arrangements
    • Monopoly model
    • Single buyer model
    • Wholesale competition model
    • Retail competition model
  • Comparison of various market models
  • Electricity vis-à-vis other commodities
  • Distinguishing features of electricity as a commodity
  • Four pillars of market design:
    • Imbalance
    • Scheduling and Dispatch
    • Congestion Management
    • Ancillary Services
  • Market architecture
  • Timeline for various energy markets
  • Bilateral / forward contracts
  • The spot market
  • Discriminatory or non-discriminatory pricing?
  • Simple bids or complex bids
  • Day-ahead and real-time market
  • Models for trading arrangements
  • Integrated or centralized model
  • Decentralized model
  • Comparison between trading arrangement models
  • ISO or TSO model
  • Transmission Congestion Management:
    • Definition of congestion
    • Reasons for transfer capability limitation
    • Importance of congestion management in deregulated environment
    • Effects of congestion
    • Desired features of congestion management schemes
    • Classification of congestion management methods
    • Basis for classification
    • Non-market methods
    • Market methods
    • Calculation of ATC
    • Definition of various terms
    • ATC
    • TRM
    • CBM
    • ATC calculation using PTDF and LODF based on DC model
    • DC Load flow model
    • Power Transfer Distribution Factor (PTDF)
    • Calculation of PTDF using DC model
    • ATC calculation using PTDF
    • Line Outage Distribution Factor (LODF)
    • ATC calculation using PTDF and LODF
    • Calculation of ATC using AC model
    • Non-market methods
    • Capacity allocation on first come first served basis
    • Capacity allocation based on pro-rata methods
    • Capacity allocation based on type of contract
    • Market based methods
    • Explicit auctioning
    • Coordinated auctioning
    • Nodal pricing
    • OPF based congestion management
    • DC OPF
    • OPF with load elasticity
    • AC OPF
    • Interpretation of Lagrange multipliers
    • Implications of nodal pricing
    • Inter-zonal Intra-zonal congestion management
    • Price area congestion management
    • Algorithm
    • Illustrative example
    • Capacity alleviation method
    • Re-dispatching
    • Counter-trade
    • Curtailment
  • Transmission Rights (FTR):
    • Mathematical preliminaries
    • Convexity
    • Duality
    • Perturbation analysis
    • Sensitivity analysis
    • KKT necessary conditions for optimality
    • Locational marginal pricing
    • llustrative examples
    • Generic formulation
    • Lossless DCOPF model for LMP calculation
    • Formulation
    • LMP derivation
    • Reference node independency
    • Loss compensated DCOPF model for LMP calculation
    • Formulation
    • LMP derivation
    • Reference node independency
    • Accuracy comparison of both the models
    • ACOPF model for LMP calculation
    • Financial Transmission Rights
    • Risk Hedging Functionality Of financial Transmission Rights
    • Simultaneous feasibility test and revenue adequacy
    • FTR issuance process
    • FTR auction
    • Auction formulation
    • Auction pricing
    • Time differentiation of FTR products
    • FTR allocation
    • Direct allocation
    • Auction revenue rights
    • Treatment of revenue shortfall
    • Secondary trading of FTRs
    • Flow Gate rights
    • FTR Vs FGR
    • FTR and market power
    • FTR and merchant transmission investment
  • Ancillary Service Management
    • Ancillary services
    • Types of ancillary services
    • Classification of ancillary services
    • Load-generation balancing related services
    • Frequency regulation
    • Load following
    • Spinning reserve services
    • Voltage control and reactive power support services
    • Different sources of reactive power
    • Generators
    • Synchronous condensers
    • Capacitors and inductors
    • SVCs
    • STATCOMs
    • Comparison between different sources of reactive power
    • Issues in reactive power management
    • Black start capability service
    • Mandatory provision of ancillary services
    • Markets for ancillary services
    • Co-optimization of energy and reserve services
    • International comparison
    • England and Wales
    • Nordic countries
    • CAISO
    • NYISO
    • Loss of opportunity cost
    • Australia
  • Pricing of transmission network usage and loss allocation
    • Transmission pricing
    • Issues involved
    • Principles of transmission pricing
    • Classification of transmission pricing methods
    • Rolled-in transmission pricing methods
    • Postage stamp method
    • Incremental postage stamp method
    • Contract path method
    • MW-Mile method
    • Distance based
    • Power flow based
    • Power flow tracing
    • Proportionate sharing principle
    • Graph theoretic approach
    • Simultaneous equations approach
    • Equivalent bilateral exchange method
    • Z bus cost allocation method
    • Marginal transmission pricing paradigm
    • Short-run marginal cost pricing
    • Complementary charge
    • Long-run marginal cost pricing
    • Composite pricing paradigm
    • Two part tariff
    • Merits and de-merits of different paradigms
    • Debated issues in transmission pricingLoss allocation
    • Classification of loss allocation methods
    • Pro-rata methods
    • Incremental methods
    • Power flow tracing based allocation
    • Comparison between various methods
  • Market power and generators bidding
    • Attributes of a perfectly competitive market
    • The firm's supply decision under perfect competition
    • Imperfect competition
    • Monopoly
    • Oligopoly
    • Cournot model
    • Bertrand model
    • Electricity markets under imperfect competition
    • Market power
    • Sources of market power
    • Effect of market power
    • Identifying market power
    • HHI Index
    • Entropy coefficient
    • Lerner index
    • Market power mitigation
    • Effects of contract for differences
    • Role of demand side bidding
    • Financial markets associated with electricity markets
    • Forwards
    • Futures
    • Options
    • Swaps
    • Optimal bidding by a generator company
    • Bidding in real markets
    • Optimal bidding methods
    • Game theory
    • Markov decision process
    • Genetic algorithm
    • Equilibrium analysis
    • Conjectural variation
    • Bayesian analysis
  • Reforms in Indian power sector
    • Framework of Indian power sector.
    • Historical Developments
    • The Institutional Framework
    • Operational Demarcation of the Power System
    • National and Transnational Grids
    • Reform initiatives during 1990-1995
    • The Independent Power Plants
    • Orissa Reform Model
    • Accelerated Power Development and Reforms Program (APDRP)
    • Public-Private Partnership
    • Other Developments
    • The Mechanism
    • Working of the mechanism
    • Effects of ABT
    • Intra-state ABT
    • The Electricity Act 2003
    • Provisions in the generation sector
    • Provisions in the transmission sector
    • Provisions in the distribution sector
    • Power trading
    • Other important changes
    • Open Access issues
    • Operational Practices
    • Transmission pricing
    • Loss allocation
    • Reservation of Transmission Capacity and Congestion Management
    • Reactive power support
    • Explanation of practices using illustrative example
    • Power exchange
    • The auction
    • The congestion management
    • Administration of physical delivery
    • Timeline of activities
    • Reforms in near future