Introduction: Energy security, Future of electricity, Electricity Acts and Regulations. Demand Forecasting: Forecasting techniques and forecasting modelling. Utility Planning: Generation mix, Conventional and non-conventional generation, Cogeneration, Wheeling and banking, Power pooling and trading, Energy storage schemes. Concepts of smart grid.
Power System Economics: Time value of money, Methods of depreciation, Payback Calculation, Cost-benefit analysis, Internal rate of return, Net present value, Life cycle coating. Power Supply Reliability: Power system reliability indices, reliability evaluation.
Energy Management: Supply side management – issues and remedial measures. Demand Side Management. Operation Planning: Operation and maintenance, reactive power management. Energy Audit.