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EE 562

Course ID:
Course Code & Number
EE 562
Course Title
Economic Operation of Power Systems
Level
MS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 7.5 ECTS Credits
Year of Study:
Master
Semester:
Spring
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: NONE
Co-requisites: NONE
Catalog Description
Modern power system operation. Economic dispatch. Unit commitment. Hydrothermal coordination. Interchange evaluation, power pools, and markets. Smart grid concept and applications. Forecasting techniques for the power demand, wind and solar generation.
Course Objectives

The goal of this course is to equip graduate students with advanced knowledge and skills in modern power system operation, focusing on key aspects such as characteristics of power generation units, economic dispatch, and unit commitment. The course will delve into linear and nonlinear programming techniques, providing a comprehensive understanding of their application in optimizing electric power systems. The course will introduce topics such as hydrothermal coordination, interchange evaluation, power pools, forecasting techniques, and the implications of deregulation. Moreover, it allows students to gain the expertise to analyze, model, and optimize complex power systems in evolving industry practices and deregulated markets.

Software Usage

MATLAB

Course Learning Outcomes

Upon successful completion of this course, students will be able to:
(1) Evaluate the significance of economic/financial dimensions of the power system operation/planning due to deregulated energy markets,
(2) Apply basic conventional economic dispatch, unit commitment, hydro-scheduling, and operation planning techniques to simple electricity industry problems,
(3) Describe power interchange schemes, power pools, transmission effects, and the operation of electric markets,
(4) Evaluate the latest developments and applications of smart grid and microgrid concepts,
(5) Apply techniques to forecast load demand, wind and solar generation,
(6) Analyze the opportunities and challenges that emerging distributed energy resources pose for future electricity industry operation and control.

Learning Activities and Teaching Methods:
Telling/Explaining Discussion/Debate Questioning Reading Problem Solving Predict-Observe-Explain Oral Presentations/Reports Brainstorming Guest Speakers Web Searching
Assessment Methods and Criteria:
Test / Exam Case Studies / Homework Project
Assessment Methods and Criteria Others:
Design Content
Recommended Reading
Required Reading

Kirchmayer, L. K. (1958). Economic Operation of Power Systems. 1st Ed., John Wiley & Sons Inc.

Grading

Test/Exam (55%), Case Studies / Homework (25%), Project (20%)

Learning Activities and Teaching Methods Others:
Course Coordinator:
Ali Nezih Güven
Student Workload:
Workload Hrs
Lectures 42
Course Readings 30
Exams/Quizzes 60
Resource Review 20
Report on a Topic 30
Case Study Analysis 30
Oral Presentation 13
Course & Program Learning Outcome Matching: