Moses - Energy Economics

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Module / Version:
#30024 / #4

Validity:
Seit WiSe 2021/22

Default display language:
English

Module title:
Energy Economics

Credits:
6

Responsible person:
Brown, Thomas William

Grading:
benotet

Type of exam:
Schriftliche Prüfung

Zugehörigkeit

Faculty:
Fakultät III

Institute:
Institut für Energietechnik

Area of expertise:
33371400 FG Digitaler Wandel in Energiesystemen

Prüfungsausschuss:
BSc Energie- und Prozesstechnik

Kontakt

Office:
TA 8

Contact person:
Winter, Susanne

E-mail address:
t.brown@tu-berlin.de

Website:

https://www.ensys.tu-berlin.de/menue/studium_und_lehre/lehrveranstaltungen/energy_economics_energiewirtschaft/

Learning Outcomes

By the end of the course students should: -have a fundamental understanding of the functioning of international energy markets -be able to perform sound analyses on energy markets -have knowledge on the national and international transport and consumption of the main energy sources -have knowledge on external costs and steering instruments -have insights into newest developments -know how to do cost accounting and capital budgeting with respect to energy economics The module conveys: 40 % Knowledge & Comprehension 40 % Application & Practice 20% Analysis & Methods

Content

1. Energy balance 2. Markets for fossil fuels 3. Electricity markets including generation from renewable energy sources 4. Markets for renewable energy sources 5. Markets for energy efficiency technologies 6. Use of modelling tools to evaluate innovations and state-regulation measures 7. Impacts on energy demand 8. Innovation processes in energy economics 9. Evaluation of energy systems

Module Components

Pflichtgruppe:

All Courses are mandatory.

Course Name	Type	Number	Cycle	Language	SWS	VZ
Energy Economics	IV	0330 L 527	WiSe	English	4
Energy Economics	UE	0330 L 528	WiSe	English	2

Workload and Credit Points

Energy Economics (IV):

Workload description	Multiplier	Hours	Total
			60.0h(~2 LP)
Präsenzzeit	15.0	4.0h	60.0h

Energy Economics (UE):

Workload description	Multiplier	Hours	Total
			60.0h(~2 LP)
Präsenzzeit	15.0	2.0h	30.0h
Vor- und Nachbereitung	15.0	2.0h	30.0h

Course-independent workload:

Workload description	Multiplier	Hours	Total
			60.0h(~2 LP)
Prüfungsvorbereitung	1.0	60.0h	60.0h

The Workload of the module sums up to 180.0 Hours. Therefore the module contains 6 Credits.

Description of Teaching and Learning Methods

Lecture: Based on the theoretical foundations and models of the individual energy markets, up-to-date energy market data is analyzed and evaluated. Tutorial: Examples and exercises of market developments are discussed in order to deepen the methodological knowledge of the students. Based on the software developed at the department, students will have the opportunity to simulate the electricity markets.

Requirements for participation and examination

Desirable prerequisites for participation in the courses:

Students should be interested in the newest developments on energy markets and have already attended a lecture covering the basics of economics. Capital budgeting and market structures are particularly important.

Mandatory requirements for the module test application:

No information

Module completion

Grading

graded

Type of exam

Written exam

Language

English

Duration/Extent

90 minutes

Duration of the Module

The following number of semesters is estimated for taking and completing the module:
1 Semester.

This module may be commenced in the following semesters:
Wintersemester.

Maximum Number of Participants

This module is not limited to a number of students.

Registration Procedures

Registration via the registration office (Prüfungsamt) or via QISPOS. ERASMUS students register via Email.

Recommended literature
Energieökonomik, Theorie und Anwendungen, Erdmann, Georg, Zweifel, Peter, 2008, XX, 376 S. 88 Abb., Geb.; ISBN: 978-3-540-71698-3
Energy Economics, Theory and Applications, Erdmann, Georg, Zweifel, Peter, Praktiknjo, Aaron, 2016

Assigned Degree Programs

Semester:

Zeige auch ausgelaufene Studiengänge und StuPOs

This module is used in the following Degree Programs (new System):

Studiengang / StuPO	StuPOs	Verwendungen	Erste Verwendung	Letzte Verwendung
Energie- und Prozesstechnik (B. Sc.)	1	8	WiSe 2021/22	SoSe 2023
Industrial Economics (M. Sc.)	1	4	WiSe 2021/22	SoSe 2023
Nachhaltiges Management (B. Sc.)	2	6	WiSe 2021/22	SoSe 2023
Process Energy and Environmental Systems Engineering (M. Sc.)	1	6	WiSe 2021/22	SoSe 2023
Regenerative Energiesysteme (M. Sc.)	1	4	WiSe 2021/22	SoSe 2023
Volkswirtschaftslehre (B. Sc.)	2	12	WiSe 2021/22	SoSe 2023

Students of other degrees can participate in this module without capacity testing.

Miscellaneous