Dr.A.P.J.Abdul Kalam University BE Electrical and Electronics Power System Economics [EX-8201] Aug-Sep 2020 Question Paper

Dr.A.P.J.Abdul Kalam University Old Question Papers

Bachelor of Engineering

Eighth Semester Main Examination, Aug-Sep 2020

Power System Economics [EX-8201]

Branch-EX

Time: 3:00 Hrs Max Marks 70

Note: i) Attempt any five questions out of eight.

ii) All questions carry equal marks.

iii) Answer should be precise & to be point only.

iv) Assume suitable data if necessary & state them clearly.

Q.1 (a) What do you understand by regulation and deregulation?

(b) What are the conditions for deregulation & explain the conditions associated with

deregulation?

Q.2 (a) Explain risk management and congestion management.

(b) What do you understand by competitions in power market? Discuss the efficiency of

perfect competition.

Q.3 (a) What is the role of marginal cost in power market? What are its results?

(b) Explain the three stages of market power.

Q.4 (a) Define market power and power quality outcomes.

(b) Explain market power on demand side.

Q.5 (a) Explain structure of OASIS.

(b) Explain transfer capability of OASIS.

Q.6 (a) Explain fundamental restructure system.

(b) Explain transmission pricing.

Q.7 (a) Explain design for competitive prices.

(b) Explain designing to reduce market power.

Q.8 (a) Explain testing of market design.

(b) Explain screening curve.

(c) Explain working with marginal cost.

(d) Explain monopoly in power auction

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