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 Gains adequate knowledge in mathematics, science, and relevant engineering disciplines and acquires the ability to use theoretical and applied knowledge in these fields to solve complex engineering problems. X
2 Gains the ability to identify, formulate, and solve complex engineering problems and the ability to select and apply appropriate analysis and modeling methods for this purpose.
3 Gains the ability to design a complex system, process, device, or product under realistic constraints and conditions to meet specific requirements and to apply modern design methods for this purpose.
4 Gains the ability to select and use modern techniques and tools necessary for the analysis and solution of complex engineering problems encountered in engineering applications and the ability to use information technologies effectively.
5 Gains the ability to design experiments, conduct experiments, collect data, analyze results, and interpret findings for investigating complex engineering problems or discipline specific research questions. X
6 Gains the ability to work effectively in intra-disciplinary and multi-disciplinary teams and the ability to work individually. X
7 a) Gains the ability to communicate effectively in written and oral form, b) Gains acquires proficiency in at least one foreign language, the ability to write effective reports and understand written reports, prepare design and production reports, make effective presentations, and give and receive clear and intelligible instructions.
8 Gains awareness of the need for lifelong learning and the ability to access information, follow developments in science and technology, and to continue to educate him/herself
9 a)Gains the ability to behave according to ethical principles, awareness of professional and ethical responsibility. b) Gains knowledge of the standards utilized in energy systems engineering applications.
10 Gains knowledge on business practices such as project management, risk management and change management; awareness about entrepreneurship, innovation; knowledge on sustainable development.
11 a) Gain awareness of the effects of Energy Systems Engineering applications on health, environment and safety in universal and societal dimensions. b) Gain knowledge of the problems of the era reflected in the field of engineering; gain awareness of the legal consequences of engineering solutions.

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