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 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 Coordinator
Course Lecturer(s)
Course Assistants
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;
  • Examining costs and prices in energy market
  • Understanding the market mechanisms and analyzing
  • Dealing with the international markets and the future of energy market
  • Gaining ability how to manage emissions, transmission, and distribution
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 X
Major Area Courses
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 Engineering Knowledge: Knowledge in mathematics, science, fundamental engineering, computational science, and related engineering disciplines; the ability to apply this knowledge to solve complex engineering problems. X
2 Problem Analysis: The ability to identify, formulate, and analyze complex engineering problems using fundamental science, mathematics, and engineering knowledge, while keeping in mind the relevant UN Sustainable Development Goals.
3 Engineering Design: The ability to design creative solutions to complex engineering problems; the ability to design complex systems, processes, devices, or products to meet current and future requirements, taking into account realistic constraints and conditions.
4 Techniques and Tool Usage: The ability to select and use appropriate techniques, resources, and modern engineering and information tools, including estimation and modeling, for the analysis and solution of complex engineering problems, while being aware of their limitations.
5 Research and Investigation: The ability to use research methods, including literature review, experimental design, experiment execution, data collection, analysis and interpretation of results, for the investigation of complex engineering problems. X
6 Global Impact of Engineering Applications: Information about the impacts of engineering applications on society, health and safety, the economy, sustainability and the environment within the framework of the UN Sustainable Development Goals; awareness of the legal consequences of engineering solutions. X
7 Engineering Ethics: Awareness of ethical responsibility and adherence to engineering professional principles; impartiality and inclusivity without discrimination.
8 Individual and Teamwork: The ability to work effectively individually and as a team member or leader in interdisciplinary and multidisciplinary teams (face-to-face, remote, or mixed).
9 Oral and Written Communication: The ability to communicate effectively orally and in writing on technical topics, taking into account the diverse differences of the target audience (education, language, profession, etc.).
10 Project Management: Knowledge of business practices such as project management and economic feasibility analysis; awareness of entrepreneurship and innovation.
11 Lifelong Learning: Lifelong learning skills encompassing the ability to learn independently and continuously, adapt to new and emerging technologies, and think critically about technological changes.

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