Seat No.: ________ Enrolment No.

___________

GUJARAT TECHNOLOGICAL UNIVERSITY

ME - SEMESTER– 2 (NEW) • EXAMINATION – WIINTER - 2022

Subject Code:3720730 Date: 17 Dec 2022

Subject Name:Restructured Power System
Time:10:30 AM TO 01:00 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

Q.1 (a) Give reasons for restructuring of power industry. 07

(b) Explain the complete restructuring process. 07
Q.2 (a) Explain reasons and objectives of deregulation of various power systems across 07
the world.
(b) Explain consumer and suppliers behavior in detail. 07
OR
(b) Discuss law of diminishing marginal utility in detail. 07
Q.3 (a) Explain monopoly model and single buyer model. 07
(b) Write short note on Bertrand and Stackelberg competition model. 07
OR
Q.3 (a) Classify congestion management methods in detail. 07
(b) Explain price area congestion management capacity alleviation methods. 07
Q.4 (a) Explain type and classification of ancillary services. 07
(b) What is the importance of reactive power? What are the sources of reactive 07
power?
OR
Q.4 (a) Classify transmission pricing in detail. 07
(b) Explain classification of loss allocation methods in detail. 07
Q.5 (a) Explain electricity markets under imperfect competition sources of market 07
power.
(b) Explain the ERCOT market in detail. 07
OR
Q.5 (a) Compare power markets in detail. 07
(b) Write a short note on “The Electricity Act 2003.” 07

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