Study Guide

Objective

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.

Content

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?

Materials

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

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

Employer connections

RDI work is not included in the course.

Exam schedules

Exam in Open Learn 27.4.2022, 16-17.30.

Student workload

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

Evaluation scale

1-5

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 %).