Course code ETeh4053
Credit points 1.50
Electricity Supply Economics
Total Hours in Course40
Independent study hours40
Date of course confirmation08.12.2015
Responsible UnitInstitute of Engineering and Energetics
Course developer
prof.
Aigars Laizāns
Dr. sc. ing.
Replaced course
ETehK001 [GETHK001] Electricity Supply Economics
Course abstract
The aim of the study course is to acquire economic analysis principles of business evaluation in electric energy supply. Economic aspects of fossil and alternative (renewable) energy sources use in electric energy generation and supply are assessed by evaluating the technical, technological, social and economic aspects of the particular application.
Learning outcomes and their assessment
Knowledge - about the electric energy generation and supply sector influence on the economy - the theoretical and practical aspects and trends;
Skills - assessment of electric energy generation and supply projects from technical , technological, social and commercial aspects, linking them to financial and economic factors;
Competence - the commercialization of electric energy generation and supply project evaluation, economic and financial aspects of the assessment
Course Content(Calendar)
Full time intramural studies:
1. Topic selection – 1h
2. Work plan creation – 2h
3. Literature search – 3h
4. Literature material analyses. –6h
5. Introduction part creation – 2h
6. Theoretical part creation. – 8h
7. Practical part creation. – 8h
8. Engineering and economic calculations. – 4h
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 write the course work, prepare a presentation.
Criteria for Evaluating Learning Outcomes
Assessment of course work consist of following parts: design(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