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Power Economics and Management Chapter No. 1: Introduction of Economics

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2nd Semester, 3rd

Year (13EL)  Definition of Economics and Basics Terms
B.E Electrical Engg. Program
 History Thought of Economics

Nayyar Hussain  Economics Types, Laws and Application

Assistant Professor
 Engineering Economics and Management
Lecture # 39  Concept of Power Economics and Management
Department of Electrical Engineering
Mehran University f Engg. & Technology,
Jamshoro

Power Economics and Management:

Review Chapter No. 2: Load Analysis and Management
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Syllabus  Types of Load

 Variable Load on Power System
Chapter No. 1: Introduction of Economics
Chapter No. 2: Load Analysis and Management  Load Curve and Load Duration Curve
Chapter No. 3: Financial Management and Cost Analysis  Load Forecasting
Chapter No. 4: Tariffs
Chapter No. 5: Feasibility Studies  Definitions: C.L,L.F, D.F, C.F and U.F; etc
Chapter No. 6: Management of Power System  Load Management
Chapter No. 7: Procurement Tending and Contracts
 Economics of Power Losses
 Power Loss Reduction

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Chapter No. 3: Financial Management and Cost Analysis Chapter No. 5: Feasibility Studies
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 Financial Management –Theory and Practical

Financial Mathematics, Depreciation and Amortization
Feasibility Studies: Introduction, Project Documentation


 Cash Flow, Accounting and Auditing
 Estimation of economical and financial rates of return  Feasibility Studies of Power Generation
 Cost of Power Plant and Relative Cost of Various power  Feasibility Studies of Transmission and Distt. System
Plant  Electrification of House, Multi Story’s Building and
 Power Plant Rating and Economic Selection of No. Units in Industries.
Power Station
 Operating Schedule of Power Plant
 Maintenance and Operating Costs
 Marketing of electrical power and E-commerce
 Regulatory economics: Application in power sector

Chapter No. 4: Tariffs Chapter No. 6: Management of Power System

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 Energy Tariff Objective  Concept and Theory of Management

 Desirable Characteristic of a Tariff  Methods and Process of Management
 Different Types of Tariffs  Management Information System, IT
Optimum Tariff Design
Project Management


 Regulatory Arrangements-NEPRA
 WAPDA/PEPECO i.e. DISCO’ Tariff  Reliability of Power System and Optimization
 Safety Regulation in Power System
 Management Problem of Pakistan’s Power Sector
 Service to Power Consumers

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Chapter No. 7: Procurement Tendering and Contracts

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Introduction, Regulatory Bodies, Procurement

Q & A,

Procedures
 Tendering Documents THANK YOU.
 Electricity Act 1910 & rules 1937,
 Power Contracts
 Preparation of PCs (PC-1 to5)

Conclusion:
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This is the Book about which there is no doubt,

a guidance for those conscious of Allah -