Department of Industrial and Management Engineering (IME) Indian Institute of Technology Kanpur
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  • infoAbout this Program

    The Program on Power Market Economics and Operation: provides insights to the economic and operational aspects of power market,its procucts,and their role in the Indian power market. The Program would be conducted under the aegis of Centre for Continuing Education, IIT Kanpur.

    Relevance of the Program:

    Understand the evolution of power market, and regulatory structure for the same

    Examine the cost drivers for regulation and ancillary services to maintain the grid security

    Understand the economic operation of power market and power procurement plannin

    Learning from international experience with power market development

    Address the present and emerging challenges related to power market

    Key Topics:

    Power Market Regulation

    Operation of Power Exchanges

    Market Monitoring

    Open Access

    Distributed Energy Market

    Power Procurement Planning

    Ancillary Services

    Congestion Management

    Retail Competition

    Load Forecasting

    Security Constrained Economic Dispatch

    Market Based Economic Dispatch

    Economic Operation of Power System

    Merit-order and Unit Commitment

  • playlist_addProgram Modules
  • addLearning Outcomes

    Conceptual understanding of power market from economics,regulatory and policy perspective

    Opportunity to learn best practices from global experts

    Develop the ability to understand the emerging needs for better operation of power markets

    Understand the operations of power market and its products

  • languagePedagogy
    Online modules:

    The module consists of 8 – 10 sub-modules, each having 6 – 10 recorded lectures. The duration of each lectures is about 8 – 12 minutes. The participants can access the supplementary material associated with each lecture and may provide the lecture ratings. The comments and queries provided by the participants are directly linked to online discussion forum.

    Live Sessions:

    Brainstorming / Q&A sessions will be held weekly with the instructor.

    Online Discussion Forum:

    Discussions with course instructors and fellow participants in which they can share their knowledge and opinion on a specific topic, exchange their views and ask for clarification through online discussion forum using link. https://cer.iitk.ac.in/odf

  • Who should apply?

    Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from; Generating Companies, Licensees (Transmission, Distribution, and Trading), Power Exchanges, Open Access Consumers, Load Dispatch Centers Financial Institutions, Consultants, Investors Faculty, Researchers and Students from Academic Institutions, Consumer Organisations, NGOs and other stake holders who want to enhance their understanding of this multi-disciplinary area.

  • Evaluation & Certification
      Award of Certificate:
    • Certificate of Completion -
      1. Minimum participation of 60% in live sessions and 80% overall
      2. At least 60% marks in the program evaluation:
        • 30% Weightage - Participation in discussion through Online Discussion Forum (ODF)
        • 70% Weightage - Performance Quiz/Exam
    • Certificate of Participation - For others
  • Download Brochure
  • General fee:

    Students:

    Discounts:

    Cancellation Policy: The registration fee is non-refundable

The Program on Power Market Economics and Operation: provides insights to the economic and operational aspects of power market,its procucts,and their role in the Indian power market. The Program would be conducted under the aegis of Centre for Continuing Education, IIT Kanpur.

label

Relevance of the Program:

fiber_manual_record

Understand the evolution of power market, and regulatory structure for the same

fiber_manual_record

Examine the cost drivers for regulation and ancillary services to maintain the grid security

fiber_manual_record

Understand the economic operation of power market and power procurement planning

fiber_manual_record

Learning from international experience with power market development

fiber_manual_record

Address the present and emerging challenges related to power market

label

Key Topics:

fiber_manual_record

Power Market Regulation

fiber_manual_record

Operation of Power Exchanges

fiber_manual_record

Market Monitoring

fiber_manual_record

Open Access

fiber_manual_record

Distributed Energy Market

fiber_manual_record

Power Procurement Planning

fiber_manual_record

Ancillary Services

fiber_manual_record

Congestion Management

fiber_manual_record

Retail Competition

fiber_manual_record

Load Forecasting

fiber_manual_record

Security Constrained Economic Dispatch

fiber_manual_record

Market Based Economic Dispatch

fiber_manual_record

Economic Operation of Power System

fiber_manual_record

Merit-order and Unit Commitment

fiber_manual_record

Conceptual understanding of power market from economics,regulatory and policy perspective

fiber_manual_record

Opportunity to learn best practices from global experts

fiber_manual_record

Develop the ability to understand the emerging needs for better operation of power markets

fiber_manual_record

Understand the operations of power market and its products

Live / Pre Recorded Sessions:

Apart from live sessions, a set of recorded sessions would be hosted at CER’s Online Learning Environment and Tools (OLET) platform. The module consists of 8 – 10 sub-modules, each having 6 – 10 lectures. The duration of each lectures is about 8 – 12 minutes. The participants can access the supplementary material associated with each lecture and may provide the lecture ratings. The comments and queries provided by the participants are directly linked to Online discussion forum.

Online Discussion Forum:

CER’s Online Discussion Forum (ODF), will enable discussion among participants on the topics covered under the ongoing programs. The participants may share their knowledge and opinion on a specific topic, exchange their views and ask for clarification through online discussion forum though the https://cer.iitk.ac.in/odf.

Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from; Generating Companies, Licensees (Transmission, Distribution, and Trading), Power Exchanges, Open Access Consumers, Load Dispatch Centers Financial Institutions, Consultants, Investors Faculty, Researchers and Students from Academic Institutions, Consumer Organisations, NGOs and other stake holders who want to enhance their understanding of this multi-disciplinary area.

    Award of Certificate:
  • Certificate of Completion -
    1. Minimum participation of 60% in live sessions and 80% overall
    2. At least 60% marks in the program evaluation:
      • 30% Weightage - Participation in discussion through Online Discussion Forum (ODF)
      • 70% Weightage - Performance in Quiz/Exam
  • Certificate of Participation - For others

Centre for Energy Regulation (CER)

Department of Industrial and Management Engineering

Indian Institute of Technology Kanpur-208016

Phone: +91 512 259 7453

Email: cer_cbp@iitk.ac.in