SPPU Restructuring and Deregulation - December 2016 Exam Question Paper

SPPU Electrical Engineering (Semester 7)
Restructuring and Deregulation
December 2016

Total marks: --
Total time: --

INSTRUCTIONS
(1) Assume appropriate data and state your reasons
(2) Marks are given to the right of every question
(3) Draw neat diagrams wherever necessary

Solve any one question fromQ.1(a,b,c) and Q.2(a,b,c)

1(a) Explain the institutional structure of Indian power sector before and after restructuring opted.

6 M

1(b) Explain following economic terms of power sector.
i) Fixed cost and variable cost.
ii) Capital cost.
iii) Depreciation.
iv) Interest and finance charges.

8 M

1(c) Explain the role of State Electricity Regulatory Commission and Central Electricity Regulatory Commission.

6 M

2(a) Explain the key objectives of 'Electricity Act 2003' with reference to generation, transmission and distribution sector.

6 M

2(b) Explain following methods of regulations:
i) Rate of return regulation
ii) Performance based regulation

8 M

2(c) Describe the desirable characteristics of tariff of electricity.

6 M

Solve any one question fromQ.3(a,b) and Q.4(a,b)

3(a) Explain the following models in details
i) Pool model.
ii) Bilateral trades.

8 M

3(b) Compare between 'competition for the market' and 'competition in the market'.

8 M

4(a) Explain working of ISO ISO ( Independent System Operator) models.

8 M

4(b) Explain wholesale competition & retail competition model based on industry structure.

8 M

Solve any one question fromQ.5(a,b) and Q.6(a,b)

5(a) Specify pecularities of electricity as a commodity. Explain rules that govern the electricity markets.

8 M

5(b) Compare integrated trading model and decentralized trading model.

8 M

6(a) Explain Power Exchanges in India. Also explain the concept of market clearing price.

8 M

6(b) Expalin the impact of market reform on regulation & Externalities.

8 M

Solve any one question fromQ.7(a,b) and Q.8(a,b)

7(a) Explain in detail congestion issues and management.

9 M

7(b) What is the importance of transmission pricing under open access condition? State and explain major components of transmission costs.

9 M

8(a) Explain the various transmission pricing methods briefly.

9 M

8(b) Write a short note on. Availability based tariff(ABT)

9 M

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