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.

    Schedule for the program:

    Schedule for the program would be generally organised between 5:00 pm - 06:30 pm (Mon, Tue, Thu) and 09:00 am - 12:40 pm (Sat). Detailed schedule would be available before commencement of the program.

    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 (ERCs), Relevant Ministry and Government Departments, Stakeholders from Generating Companies, Energy Companies, Licensees (Transmission, Distribution, and Trading), Power Exchanges, Open Access Consumers, Load Dispatch Centers, Financial Institutions and Investors, Consultants, 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
      Award of Certificate:
    • Certificate of Completion -
      1. Minimum participation of 60% in live sessions and 80% overall
        • Participation in the discussion through Online Discussion Forum (ODF) and live interaction
        • Performance in Assessment Exam
    • Certificate of Participation - All others not meeting the above criteria for a certificate of completion.
  • Resource Persons
  • Download Brochure
  • Registration Fee
    A. Details of Registration Fee

    S. No. Participation Category Fee (INR)^ Total (INR)^
    1 Industry/Corporate/ERCs* 40000 + 18% GST 47200
    2 Faculty
      a. IITK
      b. Non-IITK#
     
    32000
    32000 + 18% GST
     
    32000
    37760
    3 Students
      a. IITK
      b. Non-IITK (Indian/SAARC)
      c. Non-IITK (Other countries)
     
    12000
    12000 + 18% GST
    16000 + 18% GST
     
    12000
    14160
    18880
    4 International Participants  
    50000 + 18% GST
     
    59000
    5 SERCs having MoU with CER-IITK  
    32000 + 18% GST
     
    37760

    Notes -

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

    * Including participants from Electricity Regulatory Commissions (ERCs), Energy Companies, Generation Companies, Licensees (Transmission, Distribution and Trading), Power Exchanges, Financial Institutions, Consultants, Investors, and participants not categorised elsewhere.

    ^ Three or more participants from same organization (Other than SERCs having MoU with CER-IITK) will get 20% additional discount on the applicable registration fee.

    Important Dates

    Registration Starts - 01 November 2021

    Registration Ends - 18 November 2021

  • Contact us

    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

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

    Write here

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

Schedule for the program:

Schedule for the program would be generally organised between 5:00 pm - 06:30 pm (Mon, Tue, Thu) and 09:00 am - 12:40 pm (Sat). Detailed schedule would be available before commencement of the program.

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 Despatch

fiber_manual_record

Market Based Economic Despatch

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 (ERCs), Relevant Ministry and Government Departments, Stakeholders from Generating Companies, Energy Companies, Licensees (Transmission, Distribution, and Trading), Power Exchanges, Open Access Consumers, Load Dispatch Centers, Financial Institutions and Investors, Consultants, 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.

  • Certificate of Completion -
    1. Minimum participation of 60% in live sessions and 80% overall
      • Participation in the discussion through Online Discussion Forum (ODF) and live interaction
      • Performance in Assessment Exam
  • Certificate of Participation - All others not meeting the above criteria for a certificate of completion.

Note: * - Proposed criteria to be modified /updated later

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

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

Write here