ENERGY AND ENVIRONMENTAL ECONOMICS
| Title | ΟΙΚΟΝΟΜΙΚΑ ΤΗΣ ΕΝΕΡΓΕΙΑΣ ΚΑΙ ΤΟΥ ΠΕΡΙΒΑΛΛΟΝΤΟΣ / ENERGY AND ENVIRONMENTAL ECONOMICS |
| Code | 350 |
| Faculty | Engineering |
| School | Mechanical Engineering |
| Cycle / Level | 1st / Undergraduate |
| Teaching Period | Spring |
| Coordinator | Agis Papadopoulos |
| Common | Yes |
| Status | Active |
| Course ID | 20000367 |
Programme of Study: UPS of School of Mechanical Engineering
Registered students: 26
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| Energy | Elective Course belonging to the selected specialization (Elective Specialization Course) | 10 | 5 | 5 |
| Academic Year | 2018 – 2019 |
| Class Period | Spring |
| Faculty Instructors |
|
| Weekly Hours | 5 |
| Class ID | 600131081
|
Class Schedule
| Building | Πολυτεχνείο - πτέρυγα Β (Πολιτικών Μηχ.) |
| Floor | Όροφος 1 |
| Hall | 555 (87) |
| Calendar | Δευτέρα 09:00 έως 11:00 |
| Building | Πολυτεχνείο - πτέρυγα Β (Πολιτικών Μηχ.) |
| Floor | Όροφος 1 |
| Hall | 555 (87) |
| Calendar | Τρίτη 08:00 έως 11:00 |
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600131081
Erasmus
The course is also offered to exchange programme students.
Language of Instruction
- Greek (Instruction, Examination)
- English (Examination)
Prerequisites
General Prerequisites
None
Learning Outcomes
• To understand the fundamentals of energy systems’ economics and to able to evaluate alternative modes of energy supply, taking into account the challenges and the constraints of renewable and non renewable energy systems by appreciating the economic framework within which decisions are made.
• To address the issues of developing renewable energy systems in a period of profound and rapid change of national and international energy markets driven by processes of privatisation and liberalisation.
General Competences
- Apply knowledge in practice
- Retrieve, analyse and synthesise data and information, with the use of necessary technologies
- Make decisions
- Work autonomously
- Work in teams
- Respect natural environment
Course Content (Syllabus)
Design, financing and implementation of energy systems investments. Definition of investments’ initial cost, operational and rejection cost. Optimisation of energy resources management. Dimensioning and utilisation of energy systems. Estimation methods for energy investment aims. Life cycle analysis of energy systems. Energy demand management. Incentives policies for energy policies implementation. Macroeconomics and pricing policies of energy. The European electricity and natural gas market, European and national regulatory framework.
Keywords
Energy Systems, Sustainable Energy Investments, Life Cycle Analysis
Educational Material Types
- Notes
- Slide presentations
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
- Use of ICT in Communication with Students
Description
PC and projector use. Communication with students by means of e-learning platform and e-mail.
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 39 | 1.3 | ✓ | ||
| Laboratory Work | 26 | 0.9 | ✓ | ||
| Reading Assigment | 26 | 0.9 | |||
| Tutorial | 26 | 0.9 | ✓ | ||
| Project | 20 | 0.7 | ✓ | ||
| Written assigments | 10 | 0.3 | ✓ | ||
| Exams | 3 | 0.1 | ✓ | ||
| Total | 150 | 5 |
Student Assessment
Description
Coursework and written exams, as announced on the e-learning page of the course.
Student Assessment methods
- Written Exam with Short Answer Questions (Summative)
- Written Exam with Extended Answer Questions (Summative)
- Written Assignment (Formative)
- Written Exam with Problem Solving (Summative)
Bibliography
Course Bibliography (Eudoxus)
Robert Cinnamon, Brian Helweg-Larsen, Πώς να κατανοήσετε τα οικονομικά των επιχειρήσεων, Εκδ. Ελευθερουδάκης, ISBN 978-960-200-118-9, χρονολογία έκδοσης 2008, αριθμός σελίδων 148.
Additional bibliography for study
Σημειώσεις του διδάσκοντα.
Murray Barrie, Power Markets and Economics: Energy Costs, Trading, Emissions, Wiley Publishers, ISBN: 978-0-470-77966-8, 2009.
Bhattacharyya, Subhes C., Energy Economics: Concepts, Issues, Markets and Governance, Springer Academic Publishers, ISBN 978-0-85729-267-4, 2011.
Conkling, Roger, L., Energy Pricing: Economics and Principles, Springer Academic Publishers, ISBN 978-3-642-15490-4, 2011.
Creating markets for energy technologies, International Energy Agency, Organisation for Economic Co-operation and Development, 2003
Τhe Future for Renewable Energy 2, European Renewable Energy Council, James & James (Science Publishers) Ltd, 2002
Blank L., Tarquin, A., Engineering Economy, 7th Edition, McGraw-Hill, ISBN 978-0-07-337630-1, 2012.
Park, C.S., Fundamentals of Engineering Economics, 2nd Edition, Pearson Education, ISBN 978-0-13-135457-9, 2009.
Capital Budgeting: Financial Appraisal of Investment Projects, Don Dayananda , Richard Irons, Steve Harrison, John Herbohn, Patrick Rowland, Cambridge University Press, 2003
H. Campbell and R. Brown, Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets, Cambridge University Press, 2003
Last Update
06-05-2019
