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Model Question

Deregulation
1. What do mean by regulation and deregulation? 2. With the help of a block diagram briefly explain the structure of regulated electric industries. 3. What are the reasons for initiating the idea of deregulation in power industry? 4. With the help of a block diagram briefly explain the structure of deregulated electric industries. 5. What are the different entities in deregulated environment? 6. Briefly explain the different types of market model related to deregulation. 7. Compare open access model and pool model. 8. What do you mean by ISO? Write its major responsibility. 9. Write some sources of risk in deregulated electricity market. 10. Write short notes on i. The competition in deregulated electricity market ii. Optimal Bidding iii. Transmission pricing iv. Indian Scenario of Deregulation v. The electricity act 2003

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