Integrated management systems (SCADA, DMS, OMS, EMS), remote systems, systems for consumption management (Demand response) and systems for optimal management of distributed generators for renewable energy sources (Distributed Generators). Business analysis, investment costs and smart grid using, benefits of using smart grids and technical and economic analysis. Part of the course is based on the independent study and research work in the field of regulation of electric power industry in the free market economy. Study and research work is based on the primary scientific sources, organization and conduction of experiments as well as statistical analysis of data, numerical simulations, and writing a paper on the narrow scientific area in which doctoral dissertation is based.