ELEC 407/807: Power Systems Planning
For the students to:
- learn to calculate the forecast for hourly MW load and the Mean Square Errors.
- learn to evaluate Loss of Load Probability for a generation system.
- learn to Use Markov processes to calculate limiting state probabilities of a discrete process.
- learn to calculate the total production cost of a power systems including forced outages.
- understand the concepts and terminology used in a competitive electric marketplace.