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ENGINEERING COLLEGE
A Technical seminar on
DREGULATION OF ELECTRIC
UTILITY SYSTEMS
Guided by Presenting by
Mrs. A.Manjula P. Nagaraju
13R91A0273
CONTENTS
STRUCTURE AND CHARACTERISTICS OF
REGULATED ELECTRIC INDUSTRY
STRUCTURE OF DEREGULATED INDUSTRY
DIFFERENT ENTITES IN DEREGULATED
INDUSTRY
COMPETITION
MARKET POOLS
ISSUES
ELECTRICITY ACT 2003
REGULATION
Means the government set down the laws and rules that put
limits on and define how a particular industry or company
can operate.
NEED FOR REGULATION
It offers a risk free way to finance the creation of electric
industry.
Approved the electric utility business with government
franchise
The government gave recognition and support to these
utilities to solve problems like Right of way
Established a local monopoly
STRUCTURE & CHARACTERISTICS OF
REGULATED ELECTRIC INDUSTRY
Referred as Vertically
Integrated Utility
Monopoly Franchise
Obligation to serve
Regulated oversight
Least cost operation
Regulated Rates
STRUCTURE OF DEREGULATED
INDUSTRY
DIFFERENT ENTITIES IN DEREGULATED
INDUSTRY
Gencos
ISO
Transcos
Discos
Rescos Customer
s
COMPETITION
The competition is at two levels in deregulated power industry:
Wholesale (generation) and retail (distribution).
Pool Market