ECONOMICS OF POWER QUALITY

Contents:

1. Quality of Electricity Supply / Power Quality definitions.
2. Consequences (financial) of inadequate Power Quality - overview of reported financial losses due to inadequate power quality around the world.
3. State of the art assessment of techno-economic merits of mitigating solution. High quality power zones - option for providing customers with required quality of electricity supply at adequate cost.
4. Power Quality contracts - way forward in power quality regulation.

Biography

Prof Jovica V.Milanović is a Professor of Electrical Power Engineering and Director of Research in the School of Electrical and Electronic Engineering at The University of Manchester, Manchester, United Kingdom. He received his Dipl.Ing. and M.Sc. degrees from the University of Belgrade, Yugoslavia, his Ph.D. degree from the University of Newcastle, Australia and his Higher Doctorate (Doctor of Science degree) from the University of Manchester, UK, all in electrical engineering. Prior to joining The University of Manchester in January 1998, he worked with “Energoproject”, Engineering and Consulting Co. in Belgrade, Yugoslavia, University of Belgrade, Yugoslavia and the universities of Newcastle and Tasmania in Australia. His research work over the years has been mainly in two areas, power system dynamics and control and power quality with a common, underlying stream of probabilistic / stochastic modeling of uncertainties of events and system parameters. He is editor or member of editorial boards of 5 international journals, member of international technical committees of 25 international conferences and member of 6 past or current international CIGRE / CIRED / IEEE working groups in the areas of power quality and power system dynamics. Professor Milanović presented over 80 courses and lectures to industry and academia around the world and published over 230 research papers. He is a Chartered Engineer in the UK, Foreign Fellow of the Serbian Academy of Engineering Sciences, Fellow of the IET and Fellow of the IEEE.