The purpose of this course is to equip students with the advanced analytical and managerial skills necessary to design, model, and optimize resilient power systems within a rapidly evolving global energy market. It aims to integrate technical engineering principles with economic, regulatory, and financial strategies to ensure the sustainable expansion and efficient management of modern electrical infrastructure.

CLO 1: Analyze complex power system environments to develop comprehensive load research and forecasting models 

CLO 2: Evaluate the impact of market deregulation, electricity supply reforms, and environmental constraints on the strategic expansion of generation, transmission, and distribution infrastructure. 

CLO 3: Design integrated demand-side management strategies and interconnection solutions that optimize grid performance, economic stability, and social-environmental sustainability. 

CLO 4: Appraise the financial viability of large-scale power projects by synthesizing economic feasibility studies, Public-Private Partnership structures, and cost-reflective tariff calculation models.

Welcome to EET805: Power System Planning and Management.  The course is divided into 10 modules. It is designed to bridge the gap between technical engineering excellence and strategic energy leadership. Throughout this course, you will explore the entire lifecycle of power system development, from the rigorous modeling of load forecasting and system expansion to the critical economic frameworks of project financing, tariff regulation, and market deregulation. By examining the shifting landscape of the future power industry—including demand-side management and HVDC interconnections—this course empowers you to design resilient, cost-effective, and sustainable energy infrastructures capable of thriving in a complex, globalized regulatory environment.

Power system planning process: preparation, assessment and evaluation, implementation, power system composition (generation, transmission, interconnection, distribution), planning process, power system planning process, power system planning process environment.

Future power industry: factors that affect/influence future power industry, constraints and determinants, electricity industry supply reform, deregulation of markets. 

Preparation for power system planning process: Planning criteria, planning expansion, transmission planning, distribution planning, modelling and performance indicators, uncertainty constraints and risk analysis planning. 

Load research:load research methodology, uses of load results, driving factors, load modelling. 

Load forecasting: classification of electrical load forecasting, characteristics of load forecasting model, forecasting perspectives and driving factors, forecasting timeframes. 

Demand side management (DSM): concepts and characteristics, alternatives and benefits of DSM, implementation, evaluation of alternatives. 

Interconnected systems: AC and HVDC interconnection, technical factors in interconnection, economic and technical impacts, social and environmental impacts. 

Financing of power projects: economic feasibility, factors influencing investment in power systems, economic and financial analysis, major factors influencing financing, financing requirements, public private partnerships. 

Tariff studies: tariff calculation models, social tariff impacts, cost reflective tariff, regulation and tariffs.