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Economics of Generation

What Will Learn?

  • Course Aims
    • Understand the load curves and characteristics. • Understand the power plant layout and economics. • Understand the Tariffs and power factor economics. • Understand the economic operation of thermal power plants. • Understand the main and renewable energy sources.
  • Course Goals
  • Quality Education
  • Industry, Innovation and Infrastructure
  • Responsible Consumption and Production

Requirements

EPM215

Description

  • English Description

    Load curves, Variation in demand, Load diversity. Power plant layout, Main equipment, Auxiliaries, Bus-bar arrangements. Power plant economics: Capital cost, Operating cost, Fixed charge rate, Selection of plant and size and unit size, Operation and economics of spinning reserve, economic analysis of a transmission system, tariffs, power factor, all-thermal generation allocation problem, hydro-thermal coordination, new energy resources. Transmission access fees assessment and calculations
  • Arabic Description

    Load curves, Variation in demand, Load diversity. Power plant layout, Main equipment, Auxiliaries, Bus-bar arrangements. Power plant economics: Capital cost, Operating cost, Fixed charge rate, Selection of plant and size and unit size, Operation and economics of spinning reserve, economic analysis of a transmission system, tariffs, power factor, all-thermal generation allocation problem, hydro-thermal coordination, new energy resources. Transmission access fees assessment and calculations
  • Department
    Electrical Power and Machines Engineering
  • Credit Hours
    2
  • Grades
    Total ( 100 ) = Midterm (25) + tr.Major Assessment (30 = tr.Industry 5% , tr.Project 10% , tr.Self_learning 0% , tr.Seminar 20% ) + tr.Minor Assessment (5) + Exam Grade (40)
  • Hours
    Lecture Hours: 2, Tutorial Hours: 1, Lab Hours: 0
  • Required SWL
    100
  • Equivalent ECTS
    4
  • • Gupta, "Generation of electrical energy", 2016
  • • Wood & Wollenberg ,"Power generation, operation and control of power systems", New York, John Wiley & Sons 2018 – 5th edition.
  • • Saadat, "Power system analysis", MacGraw Hill, 3rd edition 2011 - Gupta, Generation of electrical energy, 2016 - Gupta, Generation of electrical energy, 2016.