Name: | Mr. rahl kr |
Date of Registration: | 10-08-2021 |
Course: | |
Module: | |
Batch No: | Jan-2021 |
Start Date: | 01-02-2021 |
End Date: | 31-05-2021 |
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
Resource Adequacy
Power Market Derivatives
Contract for Differences
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
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_recordDerivatives and Risk Management in Power Market
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_recordEmerging Landscape of the Indian Power Market: General Network Access and Beyond
fiber_manual_recordEconomics of Power Market: Regulated vs Competitive Procurement
fiber_manual_recordResource Adequacy - Principal, Practices and way forward
fiber_manual_recordSCED, MBED and Brainstorming - I
Week-2
fiber_manual_recordRegional Power Market in South Asia
fiber_manual_recordPower System Operation and Deviation Settlement Mechanism
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_recordOpen Access Regulations and Short-term Power Procurement Practices
fiber_manual_recordBrainstorming & Interactive Discussion - II
fiber_manual_recordOverall Assessment
* Subject to confirmation by the respective resource person
The program will be delivered in online 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 more than 25 hours).
Officials from Electricity Regulatory Commissions (including Members), Generation Companies, Licensees (including Transmission, Distribution and Trading), Power Exchanges, Financial Institutions, Banks, Consultants/Analysts, Investors, Lawyers, CAs/CS, Faculty, Researchers and Students from Academic Institutions, Consumer Organizations, NGOs and other stakeholders who want to enhance their understanding of this multi-disciplinary area.
Note: Criteria may be modified/ updated later
S. No. | Participation Category | Fee (INR)^ | Total (INR) |
---|---|---|---|
1 | Industry* | 35000 + 18% GST | 41300 |
2 | Faculty a. IITK b. Non-IITK** |
16000 16000 + 18% GST |
16000 18880 |
3 | Students a. IITK b. Non-IITK *** |
5000 5000 + 18% GST |
5000 5900 |
4 | SERCs having MoU with CER-IITK | 28000 + 18% GST | 33040 |
# 20% discount for all female candidates.
^Three or more participants from the same orgnaization (other than SERCs having MoU with CER-IITK) will get 20% discount on registration fee.
*Including Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Licensees (Transmission, Distribution and Trading), Load Dispatch Centers, RE Development Agencies, Financial Institutions, Consultants, Investors, Industrial consumer, IPPs.
** Including NGOs, Consumer Organisation and research institutions (non-corporate).
*** Should be a full-time student and submit the bonafide certificate within five working days of registration.
Note:- For each registration only one discount will be applicable.
B. Important Dates
Registration will commence on: 5th Nov 2024
End date of registration: 3rd Dec 2024
Program starts on: 6th Dec 2024
Program ends on: 22nd Dec 2024
C. Guidelines for registration process
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"
S. No. | Sessions | Live Interactive Session | Resource Person | |
Date | Time | |||
---|---|---|---|---|
1 | Introduction to CER's OLET Platform | 06 Dec, 2024 | 5:30 - 6:30 pm | |
2 | Evolution of Power Market Development in India | 07 Dec, 2024 | 5:30 - 7:00 pm | Prof. Anoop Singh, Professor, IITK |
3 | Economic Fundamentals of Power Sector | 08 Dec, 2024 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IITK |
4 | Market Failure and Natural Monopoly | 08 Dec, 2024 | 5:45 - 6:15 pm | Prof. Anoop Singh, Professor, IITK |
5 | Wholesale Power Market in India: Role of Power Exchanges and Trading | 09 Dec, 2024 | 5:00 - 5:30 pm | Mr. Akhilesh Awasthy, Partner, Lantau Group India |
6 | Power System Operation and Deviation Settlement Mechanism | 10 Dec, 2024 | 5:00 - 5:30 pm | Mr. Sushil Kumar Soonee, Former Advisor & CEO, GRID-INDIA |
7 | Functioning of Power Exchanges: Regulation, Development and Products | 11 Dec, 2024 | 5:00 - 5:30 pm | Mr Rohit Bajaj, Joint Managing Director,IEX |
8 | Long-term Power Procurement under Case-1and Case-2, and Structure of PPA | 12 Dec, 2024 | 5:00 - 5:30 pm | Mr. P. V. Shathish, Senior Associate, CDPQ |
9 | Emerging Landscape of the Indian Power Market: General Network Access and Beyond | 13 Dec, 2024 | 5:00 - 5:30 pm | Ms. Shilpa Agarwal, Joint Chief (Engineering), CERC |
10 | Economics of Power Market: Regulated vs Competitive Procurement | 14 Dec, 2024 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IITK |
11 | Open Access Regulations and Short-term Power Procurement Practices | 15 Dec, 2024 | 5:00 - 5:30 pm | Mr. Bikram Singh, Executive Vice President, PTC India |
12 | SCED, MBED and Brainstorming - I | 15 Dec, 2024 | 5:45 - 7:15 pm | Prof. Anoop Singh, Professor, IITK |
S. No. | Sessions | Live Interactive Session | Resource Person | |
Date | Time | |||
---|---|---|---|---|
1 | Resource Adequacy - Principles, Practices and Way Forward | 16 Dec, 2024 | 5:00 - 5:30 pm | Mr. Ghanshyam Prasad |
2 | Regional Power Market in South Asia | 17 Dec, 2024 | 5:00 - 5:30 pm | Mr. Pardeep Jindal,Chief Engineer, CEA |
3 | Derivatives and Risk Management in Power Market | 18 Dec, 2024 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IITK |
4 | Contract for Differences (CFD) - Design and Implementation | 18 Dec, 2024 | 5:45 - 6:15 pm | Dr. Srikant Nagulapalli, Additonal Secretary, MoP |
5 | Short-Term Power Procurement Practices | 19 Dec, 2024 | 5:00 - 5:30 pm | Mr. Abhishek Ranjan, Partner, EY Parthenon |
6 | Evolution and Emerging landscape for Ancillary Services | 20 Dec, 2024 | 5:00 - 5:30 pm | Mr. Rajiv Porwal, Executive Director (System Operation) GRID-INDIA |
6 | Retail Competition: Indian Perspective and International Experience | 21 Dec, 2024 | 5:00 - 5:30 pm | Mr. Amit Goenka, Associate Director, Delloitte Touche Tohmatsu India |
7 | Brainstorming & Interactive Discussion - II | 21 Dec, 2024 | 5:45 - 7:15 pm | Prof. Anoop Singh, Professor, IIT K |
8 | Overall Assessment | 22 Dec, 2024 | 10:00 am-12:00 pm | CER TEAM |
1. Subject to the confirmation by the respective resource person
2. Recorded Session will be released one day before the "live interactive session".
3. Live sessions recording are released one day after the session.
4. However, the program calendar/duration will be flexible to accommodate availability of the speaker and other constraints.
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.
labelProgram Duration:
fiber_manual_record25+ hours.
labelRelevance of the Program:
fiber_manual_recordUnderstanding the evolution of power market, and regulatory structure for the same
fiber_manual_recordExamining the cost drivers for regulation and ancillary services to maintain the grid security
fiber_manual_recordUnderstanding the economic operation of power market and power procurement planning
fiber_manual_recordLearning from international experience with power market development
fiber_manual_recordAddressing the present and emerging challenges related to power market
labelKey Topics:
fiber_manual_recordPower Market Regulation
fiber_manual_recordOperation of Power Exchanges
fiber_manual_recordMarket Monitoring
fiber_manual_recordOpen Access
fiber_manual_recordDistributed Energy Market
fiber_manual_recordPower Procurement Planning
fiber_manual_recordAncillary Services
fiber_manual_recordCongestion Management
fiber_manual_recordRetail Competition
fiber_manual_recordLoad Forecasting
fiber_manual_recordSecurity Constrained Economic Despatch
fiber_manual_recordMarket Based Economic Despatch
fiber_manual_recordEconomic Operation of Power System
fiber_manual_recordResource Adequacy
fiber_manual_recordPower Market Derivatives
fiber_manual_recordContract for Differences
Conceptual understanding of power market from economics, regulatory and policy perspectives
fiber_manual_recordOpportunity to learn best practices from global experts
fiber_manual_recordDeveloping the ability to understand the emerging needs for better operation of power markets
fiber_manual_recordUnderstanding the operations of power market and its products
The program will be delivered in online 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 more than 25 hours).
Officials from Electricity Regulatory Commissions (including Members), Generation Companies, Licensees (including Transmission, Distribution and Trading), Power Exchanges, Financial Institutions, Banks, Consultants/Analysts, Investors, Lawyers, CAs/CS, Faculty, Researchers and Students from Academic Institutions, Consumer Organizations, NGOs and other stakeholders who want to enhance their understanding of this multi-disciplinary area.
Note: Criteria may be modified/ updated later
A. Details of Registration Fee
S. No. | Participation Category | Fee (INR)^ | Total (INR) |
---|---|---|---|
1 | Industry* | 35000 + 18% GST | 41300 |
2 | Faculty a. IITK b. Non-IITK** |
16000 16000 + 18% GST |
16000 18880 |
3 | Students a. IITK b. Non-IITK *** |
5000 5000 + 18% GST |
5000 5900 |
4 | SERCs having MoU with CER-IITK | 28000 + 18% GST | 33040 |
# 20% discount for all female candidates.
^Three or more participants from the same orgnaization (other than SERCs having MoU with CER-IITK) will get 20% discount on registration fee.
*Including Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Licensees (Transmission, Distribution and Trading), Load Dispatch Centers, RE Development Agencies, Financial Institutions, Consultants, Investors, Industrial consumer, IPPs.
** Including NGOs, Consumer Organisation and research institutions (non-corporate).
*** Should be a full-time student and submit the bonafide certificate within five working days of registration.
Note:- For each registration only one discount will be applicable.
B. Important Dates
Registration will commence on: 5th Nov 2024
End date of registration: 3rd Dec 2024
Program starts on: 6th Dec 2024
Program ends on: 22nd Dec 2024
C. Guidelines for registration process
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
CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2024. [Draft] |
OERC - Regulation on Procurement of Energy from Renewable Sources and its Compliance Regulations, 2024 [Draft] |
OERC - Regulation on Framework for Resource Adequacy [Draft] |
MPERC "Ancillary Services" Regulations, 2024 [Draft] |
CERC: Staff Paper on Regulatory Oversight on Bidding Behaviour in Power Exchanges |
DERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. [Draft] |
Centre for Energy Regulation |
||
cer@iitk.ac.in | ||
0512-259-7453 | ||