Management of Power Systems

Lecturer:

Tutor:

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

Basic knowledge about financing of power companies. Cost structure of power generation and distribution. Prices and tariff systems for power, heat and gas production and distribution. Examples of economic evalution and project appraisal of the typical project in power sector. Problemc of liberalization and power market development.

Requirements:

XE16PMA

Syllabus of lectures:

1. Types of business enterprise at power sector

2. Revenues, costs, profit

3. Accounting statement - balance sheet, profit and loss account, cash flow

4. Methods and sources of finance in power sector

5. Criterion of evaluation of investment at the power systems

6. Prioces and costs at the power systems, tariff systems

7. Costs of productions of electrical energy, marginals costs

8. Costs of distribution of electrical energy

9. Economic evaluation of energy saving and renewable energy sources

10. Energy policy of Czech republic and the economical consequentions

11. Regulation of power sector

12. Models of power systems, international electricity market

13. Optimization of development of power plants at the power systems

14. Economic outlook of international co-operation at power systems

power systems

Syllabus of tutorials:

1. Business enterprises at power sector at the Czech republic

2. Cost structure at power systems

3. Accounting at power systems, examples

4. Balance sheet and profit and loss account, cash flow statement

5. Financing sources for power sector and their evaluation

6. Evaluation techniques of energy investments

7. Marginal cost of different power stations

8. Costs of electrical distribution

9. Economical evaluation of energy saving equipments

10. Renewable energy sources - economic evaluation

11. Test

12. Economical evaluation of cogeneration of electrical energy and heat

13. Financial analysis of power systems

14. Examine

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:

• Elektroenergetika-inženýrský blok (compulsory elective course)
• Elektroenergetika-inženýrský blok (compulsory elective course)