This course aims to prepare the graduate students in power engineering to transition smoothly into the practices in power system planning, operations and control that address the needs of the new electricity business.

Starting with the economic dispatch function, this course describes the scope of the  operations  scheduling  problem,  presents  mathematical formulations  to  the  problem, and surveys  recent  advances  in optimization  based  solution  methods.  The course is   also concerned with the technical and engineering strategies that are going to be required in the emerging competitive markets for electricity.