Roll No.

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GLOBAL INSTITUTE OF TECHNOLOGY
B. Tech. V Semester Guess Paper 2023-24
5EE5-11/ Restructured Power System
Electrical Engineering
11.10.2023/Wednesday
Time: 2 Hours Maximum Marks: 70
Attempt all questions
Schematic diagrams must be shown wherever necessary. Any data you feel missing suitably be assumed and
stated clearly. No supplementary sheet shall be issued in any case.
Part A (Answer should be given up to 25 words only)
All questions are compulsory
Q.1. Define the term “Restructuring” in brief.
Q.2. What is the power system? Give brief description.
Q.3. What is the power market?
Q.4. Define the term “utility”.
Q.5. What do you know about the ancillary services?
Q.6 . Define the term “monopoly” in the market?
Q.7 . What re major components of power industry?
Q.8 . Define term Gneco, Transco and Discom in brief?
Q.9 . What do you know about the commodity?
Q.10. Give the definition of the marginal utility.
Q.11. What do you know about the “ancillary services”?
Q.12. What are the merits of single buyer model?
Q.13. What do you know about the term “power wheeling”?
Q.14. Define the term “oligopoly”.
Q.15. Write down the name of market based congestion management methods?
Q.16. Define the term “congestion” in the power network?
Q.17. Write down the name of the transmission pricing methods.
Q.18. What is perfect and imperfect competition?
Q.19. What do you know about Operating Reserve (Spinning)?
Q.20. Explain the nodal pricing?
20x 2 = 40
Part B Analytical/Problem solving questions
Attempt all questions (word Limit 75)
Q.1. What are the major Reasons for restructuring of power industry?
Q.2 . What are advantages of restructuring of the power industry?
Q.3. Define the term “Electricity as commodity” in detail.
Q.4. Define the level of competition in detail.
Q.5. What are the entities involved in the restructuring process.
Q.6.What are the four pillars of market design? Explain in brief.
Q.7 . What do you know about the Co-optimization of energy and reserve services?
Q.8. Explain the transfer capability of power in detail.
Q.9. Give the brief explanation about the Locational Marginal Prices (LMPs)
Q.10. Explain the rolled-in transmission pricing paradigm in brief.
5 x 4 =20

Part C (Descriptive/Analytical/Problem Solving/Design Question)

Attempt all questions (word Limit 125)
Q.1. Define total utility and marginal utility in detail with suitable example.
Q.2. Explain the consumer and supply behavior in detail.
Q.3. Give the detail explanation of market place mechanism.
Q.4. Explain HHI Index, Entropy Coefficient and Lerner Index in detail.
Q.5. Explain ATC, TTC, TRM and CBM in detail
Q.6. Explain the types of ancillary services in detail. 3x 10 =30