With the successful completion of the course the student will be able to:
(a) Describe the basic electric energy production technologies, with emphasis in the economics of generation.
(b) Understand and analyze the basic economic reports of electricity enertprises.
(c) Know the basic components of the cost of electric energy.
(d) Know the the objectives and the process of generation expansion planning.
(e) Compose a study of investment evaluation in the energy sector.
Course Content (Syllabus)
Energy sources and their conversion to electric energy. Introduction to electric company accounting. Time value of money. Investment evaluation. Electric energy cost analysis. Electricity demand analysis. Generation system reliability evaluation. Production simulation. Generation expansion planning. Pricing of electric energy.