POWER SYSTEM BASICS

• Working of the interconnected grid

• Basic power flow concepts

• System planning and operations

• Ancillary services

• Transmission control

• Reliability economics

• Security coordination

• Planning and expansion in the new competitive market environment

EVOLVING ELECTRICITY MARKETS

• Market basics

• Electricity market design

• The role of auctions

• Forward markets

• Balancing markets

• Ancillary service markets

• Congestion management

• Price spikes

• Risk management

• Transmission access, pricing and services

• Effective asset utilization

• Incentives for transmission expansion

• Market monitoring

TRANSMISSION BUSINESS MODEL

• Who does what?

• Transmission business structures

• Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs)

• Independent Transmission Companies (ITCs)

• Independent Transmission Providers (ITPs)

• For profit and non profit models

• Who controls the tariff?

• What is the changing role of regulators?

• Who manages markets?

• Who does planning and expansion?

• Who monitors markets?