ECTS - Energy and Environment Economics
Energy and Environment Economics (ENE424) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Energy and Environment Economics | ENE424 | Area Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Technical Elective Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer, Drill and Practice, Project Design/Management. |
| Course Lecturer(s) |
|
| Course Objectives | Economics of energy demand, production, storage, and pricing; advanced energy policy issues including regulation, climate change, and new energy technology. Energy market from primary resources to end-users |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Energy market; mechanisms, analysis, trading, costs, pricing, emissions, transmission and distribution. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Introduction | Chapter 1 |
| 2 | Market Mechanisms | Chapter 2 |
| 3 | Basic Generation Energy Costs | Chapter 3 |
| 4 | Alternative Energy Sources | Chapter 4 |
| 5 | Emissions | Chapter 5 |
| 6 | Transmission | Chapter 6 |
| 7 | Distribution | Chapter 7 |
| 8 | Midterm Exam | |
| 9 | End User Charges and Prices | Chapter 8 |
| 10 | Market Trading, Cross-border Trading | Chapter 9,12 |
| 11 | Market Analysis | Chapter 10 |
| 12 | Investment Appraisal | Chapter 13 |
| 13 | Market Performance | Chapter 14 |
| 14 | Market Developments | Chapter 15 |
| 15 | Long Term Scenarios | Chapter 16 |
| 16 | Final Exam |
Sources
| Course Book | 1. Power Markets and Economics: Energy Costs, Trading, Emissions by Dr. Barry Murray, 2009, Wiley |
|---|---|
| Other Sources | 2. Energy and the Environment, 2nd Edition by Robert A. Ristinen, Jack P. Kraushaar, 2006, Wiley |
| 3. Energy and Climate Change: Creating a Sustainable Future by David Coley, 2008, Wiley | |
| 4. Energy Systems Engineering: Evaluation and Implementation, 1st Edition, Francis Vanek, Cornell University---Ithaca, Louis D. Albright, Cornell University, Ithaca, 2008, Mc-Graw Hill. | |
| 5. Environmental Impact Assessment, Larry Canter, 2nd Edition, 1996, Mc-Graw Hill | |
| 6. Alternative Energy For Dummies, Rik DeGunther, 2009, Wiley |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | - | - |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 2 | 25 |
| Presentation | - | - |
| Project | 1 | 25 |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 50 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 5 | 140 |
| Percentage of Semester Work | 60 |
|---|---|
| Percentage of Final Work | 40 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Adequate knowledge of mathematics, physical sciences and the subjects specific to engineering disciplines; the ability to apply theoretical and practical knowledge of these areas in the solution of complex engineering problems. | |||||
| 2 | The ability to define, formulate, and solve complex engineering problems; the ability to select and apply proper analysis and modeling methods for this purpose. | |||||
| 3 | The ability to design a complex system, process, device or product under realistic constraints and conditions in such a way as to meet the specific requirements; the ability to apply modern design methods for this purpose. | |||||
| 4 | The ability to select, and use modern techniques and tools needed to analyze and solve complex problems encountered in engineering practices; the ability to use information technologies effectively. | |||||
| 5 | The ability to design experiments, conduct experiments, gather data, and analyze and interpret results for investigating complex engineering problems or research areas specific to engineering disciplines. | |||||
| 6 | The ability to work efficiently in inter-, intra-, and multi-disciplinary teams; the ability to work individually. | X | ||||
| 7 | Effective oral and written communication skills; The knowledge of, at least, one foreign language; the ability to write a report properly, understand previously written reports, prepare design and manufacturing reports, deliver influential presentations, give unequivocal instructions, and carry out the instructions properly. | |||||
| 8 | Recognition of the need for lifelong learning; the ability to access information, follow developments in science and technology, and adapt and excel oneself continuously. | X | ||||
| 9 | Acting in conformity with the ethical principles; professional and ethical responsibility and knowledge of the standards employed in engineering applications. | |||||
| 10 | Knowledge of business practices such as project management, risk management, and change management; awareness of entrepreneurship and innovation; knowledge of sustainable development. | X | ||||
| 11 | Knowledge of the global and social effects of engineering practices on health, environment, and safety issues, and knowledge of the contemporary issues in engineering areas; awareness of the possible legal consequences of engineering practices. | X | ||||
| 12 | Ability to work in the fields of both thermal and mechanical systems including the design and production steps of these systems. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | |||
| Presentation/Seminar Prepration | |||
| Project | 1 | 18 | 18 |
| Report | |||
| Homework Assignments | 5 | 4 | 20 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 2 | 15 | 30 |
| Prepration of Final Exams/Final Jury | 1 | 10 | 10 |
| Total Workload | 126 | ||