Power system regulation pdf




















Ashton, J. Betz, B. Cole, J. Taylor, C. This presentation attempts to shortly summarize those changes as of October so that those dealing with stationary batteries, especially in North America, can start to get an idea of how to properly design their systems to meet these changing Code requirements.

Online Webinar: March Author: W. Energy storage policy is the focus of this presentation. The following topics are covered in this presentation:. The full recording of this presentation is also available to watch for members right now through the PES Resource center.

View the Presentation Video. Many PES technical and coordinating committees are engaged in work relating to asset management for resiliency and reliability. The following have active programs addressing the subject:. Reach out to the individual committees for additional details on their work regarding asset management and information on how you might get involved. Made for sharing. Download files for later. Send to friends and colleagues. Modify, remix, and reuse just remember to cite OCW as the source.

Lecture Notes. Course introduction. PDF - 2. Electric power systems EPS from physical and operation perspectives. Demand of electricity; production, technologies, equipment, fuels, networks, metering and communication, control centers.

Organization of the power sector. The hierarchy of decision-making processes in the traditionally regulated power sector. Equivalent functions under a competitive regime. What should and should not be regulated. Traditional regulation of the electric power sector.

Cost-of-service remuneration. Weak and strong points of the traditional approach. PDF - 5. Under which conditions would an electric utility provide distribution network services efficiently and with an adequate quality of service? Beyond the cost-of-service approach. Incentive based regulation.

Critical revision of major regulatory approaches. A price control process. Description and evaluation of the RPI-X approach.

Costs, revenues and efficiency gains. Distribution of electricity. Economic, technical and regulatory characterization. Incentive schemes to move towards optimal levels of network losses and quality of service. Competitive markets or traditional regulation? How does a wholesale market function? How to deal with any abuses of market power? PDF - 8. The search for efficiency via optimization. Links to longer term functions in a traditionally based reulatory approach.

L9 Principles of microeconomics. Relationships between the traditional and competitive regulatory frameworks. Factors affecting the expectation of cost recovery. L11 Wholesale electricity markets. Formats of commercial trade among agents and hedging of risk. PDF - 3. Spot markets. Longer term organized contracting.

Bilateral contracts. Energy derivatives. Oligopolistic strategies. Monitoring and measures of mitigation of market power. Simulation models. Case example on market power mitigation measures. PDF L14 Characterization of the transmission activity. Nodal prices of electricity. Properties of recovery of total transmission network costs. Critical review of international experiences.

Transmission access. Conditions for connection to the grid. Management of network congestions. Formats of electricity transmission contracts. Transmission pricing. Justification and design of locational signals for generation and demand. Basic principles: sustainability, efficiency, additivity, non-discrimination, transparency, simplicity. Specific treatment of each activity. The debate on the extension to all consumers. Convenience and design of default tariffs.

Demand response.



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