Management and Economics of Power Systems

Prerequisite:

Financial Management (16FIM)

The course is a substitute for:

Management and Economics of Power Systems (X16MES)

Lecturer:

Tutor:

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

This course will give an overview of the various aspects of power supply with special emphasis on power management. The course characterises energy costs and marginal costs for determination prices and tariffs. Energy market principles and operational decision making are integral parts of the course as well.

Requirements:

subject Energy Transportation Systems

Syllabus of lectures:

1. Energy supply and gas supply organisational arrangement

2. Energy policy of the Czech Republic

3. Law aspects of energy supply

4. Costs characterictic of energy production and transport

5. Marginal costs of electricity

6. Energy market and natural monopolies in energy supply

7. Principles of regulation of corporate behaviour and energy prices

8. Principles of Integrated Planning Sources

9. Economic model of energy corporation

10. Optimisation of energy elements and systems

11. Economical aspects of reliability of energy supply

12. Operational controlling of power supply systems

13. Methods of Demand Side Management

14. Economic aspects of international co-operation

Syllabus of tutorials:

1. Electricity and heat production financial and economy study - case study

2. Electricity and heat production financial and economy study - case study

3. Electricity and heat production financial and economy study - case study

4. Electricity and heat production financial and economy study - case study

5. Price analysis of electricity purchase and distribution in the CR - case study

6. Price analysis of electricity purchase and distribution in the CR - case study

7. Price analysis of gas purchase and distribution in the CR - case study

8. Power supply system development - technical-economic case study

9. Power supply system development - technical-economic case study

10. Power supply system development - technical-economic case study

11. Economic controlling of electricity imports into CR Power Supply System

12. Economic controlling of electricity imports into CR Power Supply System

13. Matched returns and tariffs of electricity

14. Matched returns and tariffs of electricity

Study Objective:

Study materials:

[1] Marsch, W.D.: Economics of Electric Utility Power Generation. Clarendon press, New York 1980

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans:

• Ekonomika a řízení elektrotechniky a energetiky-inženýrský blok (compulsory elective course)
• Ekonomika a řízení elektrotechniky a energetiky-inženýrský blok (compulsory elective course)