Electricity markets, price forecasting is gaining importance between various market players in the power in order to adjust their bids in the day-ahead electricity markets and maximize their profits. In this research work present electricity price forecasting problem and its soft computing based solutions. An accurate price forecasting method is an important factor for the market players as it enables them to decide their bidding strategy to maximize profits. There are different models are available for electricity price forecasting such as time series models and simulation models The presented work summarizes the influencing factors that affect the price behavior and various established forecasting models based on time series and other simulation based models.

Biogas typically refers to a mixture of different gases produced by the breakdown of organic matter in the absence of oxygen. Biogas can be produced from raw materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste or food waste. Biogas is a renewable energy source and, in many cases, exerts a very small carbon footprint.In this work an initiative to obtain the biogas using the agricultural waste material is taken for the production of biogas. This plant setup is proposed in LNCT College Bhopal (M.P.) campus so that its economic as well as environmental benefits can be availed by the people living inside the LNCT Campuse.

With the increase in population excessive generation of waste as an output is seen these days. Among the waste produced high amount of municipal waste gets generated. And with the increase in quantity and reoccurring process of municipal waste generation a numerous steps have been taken place by government bodies to convert these waste into useful form. Considering the techniques for conversion of waste into useful form biogas production using municipal waste is the evolving technique which can result in reduction of municipal waste and conversion into useable form. In the present study a biogas plant was constructed in the LNCT campus for the inhouse production of biogas. This biogas plant was constructed under an initiate to reduce the burden of municipal corporation which gets affected and invest a lot of amount in collection and other activities related to municipal waste.This study opened the door for the execution and implementation of biogas plant in educational campus so as to provide economic benefits for educational bodies at a same time reduction in burden of municipal corporation. Steps like these can benefit the society in economic as well as in environmental safety forms.