Energy economy and marketLaajuus (5 cr)

Objective

You can calculate the profitability of energy efficiency investments.
You can identify the factors affecting the economics of different energy production or usage methods.
You can interpret and calculate the pricing and profitability calculations of energy production facilities.
You understand the functioning of the electricity market.
You can analyze and critically examine development scenarios in the energy sector.

Content

How can the total costs and cost allocation of combined heat and power production be calculated in different ways?
How do I interpret, compare, and create energy tariffs?
How do different production methods position themselves in the electricity market?
How is the energy market regulated through taxation and emissions trading?
What are the development prospects in the energy market?

Accomplishment methods

Students can
a) use professional vocabulary and concepts in an expert way in different situations.
b) assess information sources critically.
e) choose appropriate models, methods, software and techniques according to the purpose and justify these choices.