LEARNING OUTCOMES
Student understands economic theory related to energy markets. Student is able to perform (simplified) professional calculations on profitability, operation and investment strategies in the energy sector, including issues related to latest technological and market developments. Student understands the operation principles of international fuel markets. Student understands the operation principles of international electricity markets. Student understands the operation principles of district heat markets in Finland. Student understands the main change trends in the energy sector and how energy and climate policy is affecting the energy sector. Student recognizes various ways of defining energy security and the challenges related to the definitions.
Credits: 5
Schedule: 13.09.2021 - 25.10.2021
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Sanna Syri
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
- Economic theory and calculations in energy markets
- Power plant costs and profitability
- International fuel markets
- Nordic and European electricity markets
- District heat markets and pricing in Finland, new trends in district heating
- Electricity storage: technologies, economics and operation examples
- European energy and climate regulation and impacts on the energy sector
- Case examples
- Energy security
Assessment Methods and Criteria
valid for whole curriculum period:
Execution: Lectures + exercises
Assessment methods and criteria: Exam
Workload
valid for whole curriculum period:
Lectures 24 h
Exercises 24 h
DETAILS
Study Material
valid for whole curriculum period:
Lecture and exercise material.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
7 Affordable and Clean Energy
13 Climate Action
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Period:
2020-2021 Autumn I
2021-2022 Autumn I
Course Homepage: https://mycourses.aalto.fi/course/search.php?search=EEN-E3006
Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.
WebOodi