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 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type N/A
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
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

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