•   Energy markets AV00EO26-3001 09.02.2022-30.05.2022  5 credits +-
    Learning outcomes of the course
    After this course students are able to:
    • carry out profitability calculations related to energy production, energy use, energy tariffs and the appraisal of investment.
    • explain the Finnish energy policy (content, goals and implementation).
    • know the past and future trends (scenarios) of energy consumption.
    • calculate the price of the energy produced.
    Course contents
    Which are the key points of Finnish energy policy?
    How to analyse energy consumption (past and future scenarios)?
    How is energy policy implemented? What are energy resources and their adequacy?
    How to utilize profitability calculations (investments, energy saving)?
    What are the energy production costs of power plants and tariffs?
    How to learn load duration curves? How to optimize energy production?
    Name of lecturer(s)

    Merja Mäkelä

    Mode of delivery

    Distance learning

    Recommended or required reading

    1. Learn materials https://learn.xamk.fi
    2. Klimstra, J., Hotakainen, M., Smart power generation, Avain Publishers, Helsinki Finland, 2011, 194 p.
    3. https://www.ilmastonyt.fi/opiskelemaan.html, University of Helsinki
    4. https://www.motiva.fi/en/solutions, Motiva

    Assessment methods and criteria

    Activities in lecture and exercise sessions will help you to learn the basics of energy markets. The course grade consists of a personal Learn exam (70 %) and a video presentation of 1-2 persons (30 %).

    Language of instruction

    English

    Timing

    09.02.2022 - 30.05.2022

    Enrollment date

    08.11.2021 - 31.12.2021

    5 credits

    Seats

    0 - 5

    Unit, in charge

    Open UAS and Continuing Education

    Teacher(s)

    Merja Mäkelä

    Programme(s)

    Degree Programme in Energy Engineering, Open University

    Unit location

    Ecampus

    Virtual proportion

    5 credits

    Evaluation scale

    1-5

    Planned learning activities and teaching methods

    After this course students are able to:
    • carry out profitability calculations related to energy production, energy use, energy tariffs and the appraisal of investment.
    • explain the Finnish energy policy (content, goals and implementation).
    • know the past and future trends (scenarios) of energy consumption.
    • calculate the price of the energy produced.
    Which are the key points of Finnish energy policy?
    How to analyse energy consumption (past and future scenarios)?
    How is energy policy implemented?
    What are energy resources and their adequacy?
    How to utilize profitability calculations (investments, energy saving)?
    What are the energy production costs of power plants and tariffs?
    How to learn load duration curves?
    How to optimize energy production?

    Scheduled track:
    Scheduled lectures, a supervised video project and exam

    Independent track:
    Recorded lectures, a video project and exam

    Blended track:
    Recorded lectures, a video project and exam

    Students use of time and load

    44 h online lectures
    40 h processing of video presentations
    51 h self-study

    Work placement(s)

    RDI work is not included in the course.

    Exam schedule

    Exam in Open Learn 27.4.2022, 16-17.30.