EE 458

Course Structure
Economic systems for electric power planning (Fall 2004)

M ,W, F 2-3, 1344 Howe

Instructors: Professors Jim McCalley, Ratnesh Kumar, and Oscar Volij

Dr. McCalley's Home Page

 

Schedule

Course objectives

Course structure

Groups

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HW,Quiz solutions

 
 
Course Structure EE 458 Fall 2004

Course :                Electrical engineering/Economics 458 – Economic systems for electric power planning

Instructors :         Jim McCalley, Ratnesh Kumar, Oscar Volij

Course Pre-requisite:  Students should have completed either EE 303 or Econ 301 and all pre-reqs to those courses. Some familiarity with static optimization is required.

Required Student Materials:

Course textbook: Fundamentals of Power System Economics, by Daniel Kirschen and Goran Strbac, Wiley, 2004.

Other Student Materials (not required):

o        Report by Eric Herst, located at http://www.ehirst.com/PDF/TransmissionCapacityFinal.pdf

o        PJM notes, located at http://www.pjm.com/services/training/train-materials.html

o        EE 303 notes on optimization and EDC, found here.

o        Various texts on optimization (there are many in the library) with particular emphasis on linear programming.

Survey: You are requested to fill a survey at the beginning of this course. It is found here.

Groups: You will be assigned to a group. This group will consist of three or four students. Some of your assignments will be done within your groups. Groups will be assigned based on GPA to ensure that each group's overall abilities are approximately equal. Therefore, you need to e-mail your GPA to hfliu@iastate.edu as soon as possible. The groups will be posted under “Groups” on the website as soon as we have everyone’s GPA. Requests of regrouping will be accommodated only under extreme circumstances. Please know that the GPA information will be treated confidentially, and it will be used for no other purpose besides that identified here. If you do not send your GPA by 8/27/04, we will assume that it is 2.9. Also, if you have any special requests regarding group membership, e.g., other students you want to team with, you may include it in this mail. Note, however, that we may not be able to honor all such requests, but we will do our best to do so.

Exams: There will be two 50-minute exams during the semester and a final exam. The dates for the exams are posted under “Schedule” on the website. Make-up exams will not be given unless the need for it is beyond your control.

Assignments: Besides exams and the final exam, there will be homework problems assigned by the instructor. Solutions to the problems will be made available to you, under “HW, Quiz solutions” of the course WEB site. You are strongly encouraged to work all assigned problems.

Class Attendance: You are strongly encouraged to attend class, but role will not be called. However, a significant amount of material will be presented that is not in the text. YOU ARE RESPONSIBLE FOR ALL INFORMATION PRESENTED IN-CLASS. The web site and instructors, although freely available to you, are not responsible for providing you with in-class information if you choose not to attend class.

Class Preparation: Reading the appropriate material in the text before the class is essential. A schedule of topics is given under “Schedule” of the web site. Although we may deviate from this schedule a little, if you are attending class regularly, you should still be able to use it to tell what reading you need to do before class.

Course grading policy:

Exam 1

25%

Exam 2

25%

Assignments

25%

Final Exam

  25%

Total

100%

Letter grades will be determined according to the following guidelines

90 and above

A

80 to 90-

A- / B+ / B

70 to 80-

B- / C+ / C

60 to 70-

C- / D+ / D

50 to 60-

Below 50

D- / F

F

 

Communication: Feel free to communicate with any of the three instructors in any way that is convenient to you (after class, during office hours, phone, e-mail), for questions about the course material or assignments. E-mail is an especially good way, but response time here is variable, typically ranging from a minute to about 24 hours, depending on the nature of your questions and instructor schedule. Inquiries regarding recordings of your grades, the grading of assignments or in-class material, scheduling of quizzes and lectures, special situations, etc., should be directed to the Dr. McCalley.