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Introduction to Power Market and Regulatory Framework in South Asian Region
Course Objective: This course is intended to provide the students necessary skills and knowledge to understand the power market and regulatory frameworks, with a focus on scaling up RE integration in the South Asian Region. The course will elaborate on the regulatory bodies in the power sector, harmonization policies, electricity market operation and trading, ancillary services and capacity markets, market design considerations for RE integration, cross-border training and interconnection, power market planning and governance, and ends with case studies and best practices of power market and regulatory frameworks in the South Asian Region.
Module 5 Schedule
DAY 1: 2 October 2023 (Monday)
Time | Topic | Facilitator |
|---|---|---|
12:00-12:15
(15mins)
| Clarification regarding the Capstone Criteria | Dr Faiz Shah |
12:15-13:15
(60mins)
| Session 1: Overview of power sector in South Asia | Prof. Deepak Sharma |
14:30-14:45 | Break (15mins) | - |
13:30-14:30
(60mins)
| Session 2: Role of regulatory bodies in the power sector
| Prof. Deepak Sharma |
13:15-13:30 | Break (15mins) | - |
14:45 - 15:45
(60mins)
| Session 3: Regulatory framework and harmonization of policies | Prof. Deepak Sharma |
DAY 2: 3 October 2023 (Tuesday)
Time | Topic | Facilitator |
|---|---|---|
12:00-12:15
(15mins)
| Clarification regarding the Capstone Criteria | Dr Faiz Shah |
12:15-13:15
(60mins)
| Session 4: Introduction to South Asian regional power markets | Dr. Prabodh Bajpai |
13:15-13:30 | Break (15mins) | - |
13:30-14:30
(60mins)
| Session 5: Market operation, clearing and settlement; Trading & contracting in power markets | Dr. Prabodh Bajpai |
14:30-14:45 | Break (15mins) | - |
14:45-15:45
(60mins)
| Session 6: Market-based dispatch and scheduling | Dr. Prabodh Bajpai |
DAY 3: 4 October 2023 (Wednesday)
Time | Topic | Facilitator |
|---|---|---|
12:00-12:15
(15mins)
| Recap
| Dr. Jai Govind Singh |
12:15-13:15
(60mins)
| Session 7: Ancillary services in power markets | Dr. Debabrata Chattopadhyay |
13:15-13:30 | Break (15mins) | - |
13:30-14:30
(60mins)
| 13:30-14:30
(60mins)
Session 8: Capacity markets & their role in South Asian regional power system; Capacity payment mechanism & incentives
| Dr. Debabrata Chattopadhyay |
14:30-14:45 | Break (15mins) | - |
14:45-15:45
(60mins)
| Session 9: Market design consideration for scaling up RE in South Asian power market | Dr. Abhishek Ranjan |
DAY 4: 5 October 2023 (Thursday)
Time | Topic | Facilitator |
|---|---|---|
12:00-12:15
(15mins)
| Recap | Dr. Jai Govind Singh |
12:15-13:15
(60mins)
| Session 10: Overview of PPAs for RE projects; PPA negotiation and contracting process | Dr. Abhishek Ranjan |
13:15-13:30 | Break (15mins) | |
13:30-14:30
(60mins)
| Session 11: PPA pricing and risk management strategies | Dr. Abhishek Ranjan |
DAY 5: 6 October 2023 (Friday)
Time | Topic | Facilitator |
|---|---|---|
12:00-12:15
(15mins)
| Recap | Dr. Jai Govind Singh |
12:15-13:15
(60mins)
| Session 12: Cross-border power trading & interconnections | Dr. Debabrata Chattopadhyay |
13:15-13:30 | Break (15mins)
| - |
13:30-14:30
(60mins)
| 13:30-14:30
(60mins)
Session 13: Power market planning and governance
| Mr. Sushil Kumar Soonee |
14:30-14:45 | Break (15mins) | - |
14:45-15:45
(60mins)
| Session 15: Best practices and case studies for power markets and RE development in South Asian region | Dr. Sushanta Chatterjee |
Practicum Schedule
​9 October 2023 (Monday)
Time | Topic | Facilitator |
|---|---|---|
12:15-13:15
(60mins)
| Practical aspects of project management | Mr. Ravi Anand |
10 October 2023 (Tuesday)
Time | Topic | Facilitator |
|---|---|---|
12:00-15:00 | Integrated project management for the energy sector | Prof. Jitender Madaan |
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