Course code Ener4037

Credit points 1.50

Power Supply Economics

Total Hours in Course40

Independent study hours40

Date of course confirmation08.12.2015

Responsible UnitInstitute of Engineering and Energetics

Course developer

author prof.

Aigars Laizāns

Dr. sc. ing.

Replaced course

EnerK002 [GENRK002] Energy Economics

Course abstract

The aim of the study course is to acquire the principles of problem solving for business evaluation in energy and energy-related industries. The economic aspects of the use of alternative (renewable) energy sources in the national economy are evaluated, assessing the technical, technological, social and economic aspects of their use, as well as the need to save energy.

Learning outcomes and their assessment

Knowledge - about the economics of the energy sector - theoretical and practical aspects and trends. Course work.
Skills - to assess the technical, technological, social and commercial aspects of energy, linking them to financial and economic factors. Course work.

Competence - assessment of energy commercialization, assessment of technical, technological, social, economic and financial aspects. Course work.

Course Content(Calendar)

Full time intramural studies:
1. Topic selection – 2h
2. Work plan creation – 2h
3. Literature search – 4h
4. Literature material analyses. – 6h
5. Introduction part creation – 3h
6. Theoretical part creation. – 5h
7. Practical part creation. – 5h
8. Engineering and economic calculations. – 7h
9. Result comparison and analyses. Conclusion formulation. – 3h
10. Course work presentation creation and defense. – 3h
Part time extramural studies:

All topics specified for full time studies are accomplished, but the number of contact hours is one half of the number specified in the calendar

Requirements for awarding credit points

Created and defended course work. Minimal course work volume – at least 12 pages. Presentation time 6 – 10 min.

Description of the organization and tasks of students’ independent work

Students independently develop a course paper and a course paper presentation.

Criteria for Evaluating Learning Outcomes

Assessment of course work consist of following parts: execution (30%), work content (30%) and presentation (40%).

Compulsory reading

1. Doty S., Turner W.C. Energy Management Handbook. 7th edition. The Fairmont Press: GA., 2009. 847 p.
2. Muška A. Uzņēmējdarbības pamatkurss. Mācību līdzeklis, Rīga, 2006. 136 lpp.

3. Kaltschmitt M.,Streicher W., Wiese A. Renewable Energy - Technology, Economics and Environment. Berlin; New York: Springer Press, 2007. 564 p.

Further reading

1. Strautiņš P. Skatījums uz iespējām, riskiem un risinājumiem Latvijas enerģētikā. 2008. 84 lpp. [Tiešsaiste] [skatīts 15.12.2015.]. Pieejams: https://www.swedbank.lv/files/analitiskie_materiali/analitiskas_diskusijas/energetika.pdf

2. Galiņš A., Kanceviča L., Laizāns A. Alternatīvās enerģētikas iekārtas. Mācību grāmata. Jelgava: LLU, 2008. 316 lpp.

Notes

Compulsory course for professional bachelor study program Applied Energy Engineering