Energy markets (5 cr)
Code: AV00EO26-3004
General information
Enrollment
07.11.2022 - 18.11.2022
Timing
09.02.2023 - 30.05.2023
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Open UAS and Continuing education
Campus
Ecampus
Teaching languages
- English
Seats
1 - 10
Degree programmes
- Degree Programme in Energy Engineering
- Open University of Applied Sciences
Teachers
- Merja Mäkelä
Teacher in charge
Merja Mäkelä
Groups
-
VV2022-2023Optional studies 2022-2023
-
VV2023-2024Optional studies 2023-2024
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?
Opiskelumateriaali
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
Yksilölliset oppimisväylät
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
TKI ja työelämäyhteistyö
RDI work is not included in the course.
Tentit ja muut määräajat
Exam in Open Learn
Opiskelijan työmäärä
The course covers 5 ECTS credits, totalling 135 hours of student work. The number of hours is theoretical and varies according to student effort.
44 h online lectures
40 h processing of video presentations
51 h self-study
Further information
This course is available for students:
-Open Studies 50 places
-CampusOnline 30 places
-Degree Students 10 places
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 %).