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 | Knowledge of mathematics, natural sciences, engineering fundamentals, computing, and topics specific to the relevant engineering discipline; the ability to use this knowledge in the solution of complex engineering problems. | |||||
| 2 | The ability to identify, formulate, and analyze complex engineering problems using knowledge of basic sciences, mathematics, and engineering, and considering the UN Sustainable Development Goals relevant to the problem. | |||||
| 3 | The ability to design creative solutions for complex engineering problems; the ability to design complex systems, processes, devices, or products to meet current and future requirements, considering realistic constraints and conditions. | |||||
| 4 | The ability to select and use appropriate techniques, resources, and modern engineering and IT tools, including prediction and modeling, for the analysis and solution of complex engineering problems, with an awareness of their limitations. | |||||
| 5 | The ability to use research methods for the investigation of complex engineering problems, including literature search, designing and conducting experiments, collecting data, and analyzing and interpreting results. | |||||
| 6 | Knowledge of the effects of engineering practices on society, health and safety, the economy, sustainability, and the environment within the scope of the UN Sustainable Development Goals; awareness of the legal consequences of engineering solutions. | X | ||||
| 7 | Acting in accordance with engineering professional principles, knowledge of ethical responsibility; awareness of acting impartially without discrimination on any grounds and being inclusive of diversity. | |||||
| 8 | The ability to work effectively individually and in intra-disciplinary and multi-disciplinary teams (face-to-face, remote, or hybrid) as a team member or leader. | X | ||||
| 9 | "The ability to communicate effectively orally and in writing on technical topics, considering the various differences of the target audience (such as education, language, profession). | |||||
| 10 | Knowledge of practices in business life such as project management and economic feasibility analysis; awareness of entrepreneurship and innovation. | X | ||||
| 11 | The ability to engage in life-long learning, including independent and continuous learning, adapting to new and emerging technologies, and thinking inquisitively regarding technological changes. | 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 | ||
