387-03 - Economic Power System Operations
Learning objectives
- Identify the differences between fixed and variable costs
- Describe the efficient operation of modern generating units
- Describe economic generator loading
- Describe the effects of varying fuel costs
- Describe economic factors associated with the following types of generation: nuclear, geothermal, solar, and wind
- Describe losses on a transmission system
- Describe the economic interchange of power
Course overview
Stability of the Bulk Electric System relies heavily on the system operator's ability to maintain a balance of efficient and economic power production, transmission, and distribution. System operators must be familiar with the types of costs incurred on a system, how to efficiently load available generation types, how to manage transmission losses, and when exchanging power across borders is ideal. The Economic Power System Operations training course describes the system conditions contributing to or negatively impacting stable operations and inefficient generation unit loading. This online course is part of the System Operations training series.
The individuals involved in the development and promotion of this course do not receive any compensation or financial benefits outside of their regular employment for their work on this course.
