Topics Covered

Basic objectives of power system planning. Generation expansion planning process. Electrical demand forecasting; current demand forecasting approaches. Generation planning; economic analysis, expected energy generation, expected fuel cost. Both-Baleriux, cummulant and segmentation methods. Probabilistic simulation of hydro and energy limited units. Expected energy production cost of interconnected systems. Economic aspects of interconnection. Different aspects of load management; effects of load Management on reliability and  on production cost. Joint ownership of generation.