Department of Management Sciences (DoMS) Indian Institute of Technology Kanpur

OLT|Online Learning Tool Go to Top menu
  • 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.

    Program Duration:

    About 25 hours

    Relevance of the Program:

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

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

    Understanding the economic operation of power market and power procurement plannin

    Learning from international experience with power market development

    Addressing 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

  • addLearning Outcomes

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

    Opportunity to learn best practices from global experts

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

    Understanding the operations of power market and its products

  • addAgenda / Schedule

    Schedule for the program would be generally organised between 5:00pm - 06:45pm (Mon, Tue., Wed., Thu., Fri) and 03:30pm - 05:00pm (Sat., Sun.). Pre-recorded session will be released in advance.

    Week-1

    These are the following sessions.

    fiber_manual_recordProgram Inaguration

    fiber_manual_record Evolution of Power Market Develoment in India

    fiber_manual_recordEconomic Fundamentals of Power Sector

    fiber_manual_recordMarket Failure and Natural Monopoly

    fiber_manual_recordWholesale Power Market in India: Role of Power Exchanges and Trading

    fiber_manual_recordPower System Operation and Deviation Settlement Mechanism

    fiber_manual_recordEconomics of Power Market: Regulated vs Competitive Procurement

    fiber_manual_recordFunctioning of Power Exchanges: Regulation, Development and Products

    fiber_manual_recordLong-term Power Procurement under Case-1and Case-2, and Structure of PPA

    fiber_manual_recordOpen Access Regulations and Short-term Power Procurement Practices

    fiber_manual_recordEmerging Landscape of the Indian Power Market: General Network Access and Beyond

    fiber_manual_recordBrainstorming & Interactive Discussion - I

    Week-2

    fiber_manual_recordResource Adequacy and Capacity Market

    fiber_manual_recordRegional Power Market in South Asia

    fiber_manual_recordLong-term Demand Forecasting and Power Procurement Planning for Distribution Utilities

    fiber_manual_recordShort-Term Power Procurement Practices

    fiber_manual_recordEvolution and Emerging landscape for Ancillary Services

    fiber_manual_recordRetail Competition in Electricity: International Experience

    fiber_manual_recordBrainstorming & Interactive Discussion - II

    fiber_manual_recordOverall Assessment

    * Subject to confirmation by the respective resource person

  • languagePedagogy
    Mode of delivery:

    The program will be delivered in hybrid mode in the form of live and recorded sessions to offer flexibility to the working professionals. The recorded sessions would be hosted at CER’s Online Learning Environment and Tools (OLET) platform. The program will be covered across 2 weeks and include multiple sessions of about 1 hour 30 min each (with total program duration of about 25 hours). However, the program calendar/duration will be flexible to accommodate availability of the speakers and other constraints.

    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 the ODF at 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), Financial Institutions, Consultants, Investors, Consumer Organisations and NGOs; Faculty, Researchers and Students from Academic Institutions; and other stake holders who want to enhance their understanding of this multi-disciplinary area.

  • Award of Certificate
      Participants would be awarded one of the following certificates as per the criteria mentioned:
    • Certificate of Achievement -
      1. Minimum participation of 50% in live sessions and 80% overall
        • Participation in discussions through Online Discussion Forum (ODF) and in live interactions
        • Performance in Assessment Exam
    • Certificate of Participation -
        • All others not meeting the above criteria for a certificate of achievement.
          If the attendance is below 30%, then no certificate will be awarded and no fee will be refunded.

    Note: Criteria may be modified/ updated later

  • Download Brochure
  • Registration Fee
    A. Details of Registration Fee

    S. No. Participation Category Fee (INR)@ Total (INR)
    1 Industry* 36000 + 18% GST 42480
    2 Faculty
      a. IITK
      b. Non-IITK#
     
    28000
    28000 + 18% GST
     
    28000
    33040
    3 Students
      a. IITK
      b. Non-IITK
     
    10000
    10000 + 18% GST
     
    10000
    11800
    4   SERCs having MoU with CER-IITK  28000 + 18% GST  33040

    # Including NGOs and research institutions (non-corporate).

    @ The above fee includes 20% overheads payable to CCE, IIT Kanpur

    * Including Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Generating Companies, Licensees (Transmission, Distribution and Trading), Power Exchanges, Financial Institutions, Consultants, Investors, and participants not categorised elsewhere.

    B. Important Dates

    End date of registration: 28th May 2022

    Program starts on: 29th May 2022

    Program ends on: 12th June 2022

    C. Guidelines for registration process

  • Contact us

    Centre for Energy Regulation (CER)

    Department of Management Sciences

    Indian Institute of Technology Kanpur-208016

    Phone: +91 512 259 6181

    Email: cer_cbp@iitk.ac.in

    For any query on
    CER's Regulatory Certification Program (RCP) on
    "Power Market Economics and Operation"

    Write here

Week-1

S.No. Sessions Release of Recorded Session Live Interactive Session Resource Persons
Date Time Date Time
1 Introduction to CER's OLET Platform 26 June, 2022 12:00-12:30 pm
2 Program Inauguration 26 June, 2022 03:00 - 03:30 pm Mr. Amal Sinha, CEO, BSES Rajdhani Power Ltd.
3 Evolution of Power Market Development in India 26 June, 2022 3:30 - 5:00 pm Prof. Anoop Singh, Professor, IIT K
4 Economic Fundamentals of Power Sector 26 June, 2022 5:00 PM 27 June, 2022 5:00 - 5:30 pm Prof. Anoop Singh, Professor, IIT K
5 Market Failure and Natural Monopoly 27 June, 2022 5:00 PM 28 June, 2022 5:00 - 5:30 pm Prof. Anoop Singh, Professor, IIT K
6 Wholesale Power Market in India: Role of Power Exchanges and Trading 28 June, 2022 5:00 PM 29 June, 2022 5:00 - 5:30 pm Mr. Akhilesh Awasthy, Chief Operating Officer, Hindustan Power Exchange Limited
7 Long-term Power Procurement under Case-1and Case-2, and Structure of PPA 29 June, 2022 5:00 PM 30 June, 2022 5:00 - 5:30 pm Mr. P. V. Shathish
8 Emerging Landscape of the Indian Power Market: General Network Access and Beyond 30 June, 2022 5:00 PM 01 July, 2022 5:00 - 5:30 pm Ms. Shilpa Agarwal, Joint Chief Engg., CERC
9 Functioning of Power Exchanges: Regulation, Development and Products 29 June, 2022 5:00 PM 02 July, 2022 09:30 - 10:00 am Mr. Jogendra Behera, Vice President (Market Design & Eco.), Indian Energy Exchange Limited
10 Power System Operation and Deviation Settlement Mechanism 28 June, 2022 5:00 PM 02 July, 2022 03:30 - 4:00pm Mr. Sushil Kumar Soonee, Former Advisor & CEO, POSOCO
11 Economics of Power Market: Regulated vs Competitive Procurement 01 July, 2022 5:00 PM 02 July, 2022 4:15 - 4:45 pm Prof. Anoop Singh, Professor, IIT K
12 Open Access Regulations and Short-term Power Procurement Practices 02 July, 2022 5:00 PM 03 July, 2022 11:00 - 11:30 am Mr. Bikram Singh, Executive Vice President - Marketing, Tata Power Trading Company Limited
13 SCED, MBED and Brainstorming - I 03 July, 2022 3:30 - 5:00 pm Prof. Anoop Singh, Professor, IIT K

Week-2

S.No. Sessions Release of Recorded Session Live Interactive Session Resource Persons
Date Time Date Time
1 Resource Adequacy - Principal, Practices and way forward 03 July, 2022 5:00 pm 04 July, 2022 5:00 - 5:30 pm Prof. Anoop Singh, Professor, IIT K
2 Regional Power Market in South Asia 04 July, 2022 5:00 pm 05 July, 2022 5:00 - 5:30 pm Mr. Pardeep Jindal,Chief Engineer, CEA
3 Derivatives and Risk Management in Power Market 05 July, 2022 5:00 pm 06 July, 2022 5:00 - 5:30 pm Prof. Anoop Singh, Professor, IIT K
4 Short-Term Power Procurement Practices 06 July, 2022 5:45 - 7:15 pm Mr. Abhishek Ranjan, Head Renewable BSES Rajdhani Power Limited
5 Evolution and Emerging landscape for Ancillary Services 06 July, 2022 5:00 pm 07 July, 2022 5:00 - 5:30 pm Mr. Rajiv Porwal, Chief General Manager (System Operation), POSOCO
6 Retail Competition: Indian Perspective and International Experience 07 July, 2022 5:45 - 7:15 pm Mr. Amit Goenka, Associate director, Delloitte India
7 Brainstorming & Interactive Discussion - II 08 July, 2022 5: 00 - 6:30 pm Prof. Anoop Singh, Professor, IIT K
8 Exam Demo Session 09 July, 2022 10:00 - 11:00 am
9 Overall Assessment 10 July, 2022 10:00 am- 12:00 pm Prof. Anoop Singh, Professor, IIT K

* Subject to confirmation by the respective resource person

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

label

Program Duration:

fiber_manual_record

25 hours.

label

Relevance of the Program:

fiber_manual_record

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

fiber_manual_record

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

fiber_manual_record

Understanding the economic operation of power market and power procurement planning

fiber_manual_record

Learning from international experience with power market development

fiber_manual_record

Addressing 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 Despatch

fiber_manual_record

Market Based Economic Despatch

fiber_manual_record

Economic Operation of Power System

fiber_manual_record

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

fiber_manual_record

Opportunity to learn best practices from global experts

fiber_manual_record

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

fiber_manual_record

Understanding the operations of power market and its products

Mode of delivery:

The program will be delivered in hybrid mode in the form of live and recorded sessions to offer flexibility to the working professionals. The recorded sessions would be hosted at CER’s Online Learning Environment and Tools (OLET) platform. The program will be covered across 2 weeks and include multiple sessions of about 1 hour 30 min each (with total program duration of about 25 hours). However, the program calendar/duration will be flexible to accommodate availability of the speakers and other constraints.

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 the ODF at https://cer.iitk.ac.in/odf .

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

    Participants would be awarded one of the following certificates as per the criteria mentioned:
  • Certificate of Achievement
    1. Minimum participation of 50% in live sessions and 80% overall
      • Participation in discussions through Online Discussion Forum (ODF) and in live interactions
      • Performance in Assessment Exam
  • Certificate of Participation
      All others not meeting the above criteria for a certificate of achievement.
  • If Minimum participation attendance is below 30%, then no certificate will be awarded and no fee will be refunded.

Note: Criteria may be modified/ updated later

Centre for Energy Regulation (CER)

Department of Management Sciences

Indian Institute of Technology Kanpur-208016

Phone: +91 512 259 6181

Email: cer_cbp@iitk.ac.in

fiber_manual_record For any query on CER's Regulatory Certification Program (RCP) on "Power Market Economics and Operation"

Write here