Energy economicsLaajuus (5 cr)

Objective

After this study you:
- understand energy economy from the perspectives of both energy consumers and producers
- can calculate the investment costs and profitability of an investment
- can determine the profitability of changing the heating method
- know the objectives and measures of energy policy.

Content

How is the price of energy formed?
What is energy efficiency?
How to calculate the profitability of an investment?
How does the electricity market work?
Why are there taxes in the price of energy?

Qualifications

Basic of energy production and power stations
Fuels and heating systems

Accomplishment methods

Students can
-use professional vocabulary and concepts proficiently.
-identify interrelated tasks.
-use the key models, methods, software and techniques of the professional field.