Power Systems Planning and Markets (ELEC5212)

UNIT OF STUDY

Deregulation of the electricity industry has fundamentally changed the power systems operation paradigm. The focus has shifted from central planning of vertically integrated utilities to market driven operation. The increasing penetration of intermittent renewable energy sources has further increased the complexity. To equip the student with the necessary skills to address the challenges of modern power systems, the unit will cover the following topics: - Overview of the traditional electricity industry structure and operation: Economic dispatch and unit commitment; Power system reliability. - Drivers for the restructuring of the electricity industry. - Electricity market design: Market structures (spot, bilateral, hybrid) ; Energy market; Ancillary services market. - Electricity industry in Australia and the National Electricity Market - Power system expansion planning: Transmission planning; Generation planning; Power system adequacy assessment. - Distribution systems: Modern developments (distributed generation, demand management). The unit is a specialist Unit for MPE (Power) and ME (Electrical and Power). It is also available as a recommended elective for BE Electrical (Power).

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Further unit of study information

Classes

2hr lecture per week; 2hr tutorial per week; 2hr Laboratory per fortnight.

Assessment

Through semester assessment (55%), Final Exam (45%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

ELEC3203 or ELEC5732 or equivalent

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Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

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