Economics of Energy Generation & Supply
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Economics of Energy Generation & Supply Syllabus — Unit-wise Content
The official GTU curriculum for Economics of Energy Generation & Supply (subject code 2720725) as prescribed for EE · Semester 2 divides the course into 6 units, covering 34 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (2720725)Unit 1 Energy Scenario
- Energy sources
- global & Indian energy scenario
- energy sector reforms
- energy and environment
- energy conservation
- energy security
Unit 2 Energy Demand analysis and forecasting
- Evolution of Demand Analysis
- Overview of Energy Demand Decisions
- Economic Foundations of Energy Demand
- Alternative Approaches for Energy Demand Analysis
- Factor Analysis
- Econometric Approach
- energy demand forecasting techniques – econometric approach
- End-Use Method
- Input–Output Model
- Scenario Approach
- Artificial Neural Networks
- Hybrid Approach
Unit 3 Energy Demand Management
- Demand-side management (DSM) – evolution
- load management – direct & indirect load control
- energy efficiency – opportunities & economics
- cost effectiveness of DSM – participant test
- ratepayer impact measure
- total resource cost test
- utility cost test
Unit 4 Economics of Fossil Fuel Supply
- Field Development
- Economics of Fossil Fuel Production
- Supply Forecasting
Unit 5 Economics of Electricity Supply
- Basic Concepts
- Economic Dispatch
- Unit Commitment
- Investment Decisions
Unit 6 Economics of Renewable Energy Supply
- Renewable Energies for Electricity Generation
- Drivers of Renewable Energy
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