M. Sc. Renewable Energy and Data Engineering

Study conventional and renewable energy systems, smart grids and the underlying algorithms as well as energy efficiency measures.

Modul manual

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Energy Economics

Teaching methods Lecture/Tutorial
Duration 2
Hours per week 8.0
Overview
Classes 120
Individual / Group work: 120
Workload 240
ECTS 8.0
Requirements for awarding credit points

Energy Economics: oral exam and paper; weight: 50 %

Operations Research in Energy Economics: written exam, 90 minutes; weight: 50 %

Responsible person

Prof. Dr. Niklas Hartmann

Recommended semester 1 + 2
Frequency annually (SS+WS)
Usability

Master RED

Lectures

Operations Research in Energy Economics

Type Lecture/tutorial
Nr. M+V3038
Hours per week 4.0
Content

1. System analysis in Energy Economics (data acquisition and data refinement, data representation, regression techniques)
2. Optimization problems in Energy Economics (types of problems; e.g. development of power plant fleet; resource planning)
3. Approaches to develop models for optimization problems in energy sector
4. Application of selected computational optimization techniques

Literature
  • Poler, R., J. Mula, M. Díaz-Madroñero: Operations Research Problems:
    Statements and Solutions, Springer, Berlin / Heidelberg, 2014
  • Kasana, H.S.; Kumar, K.D.: Introductory Operations Research – Theory and Applications, Springer, Berlin / Heidelberg, 2004
  • J. K. Sharma: Business Statistics, Second Edition, Pearson India, 2006
  • Suhl, L.; Mellouli, T.: Optimierungssysteme – Modelle, Verfahren, Software, Anwendungen, 2nd edition, Springer, Berlin, 2009
  • Williams, H. P.: Model Building in Mathematical Programming, 5th Edition,John Wiley & Sons, 2013

Energy Economics

Type Lecture/tutorial
Nr. M+V3037
Hours per week 4.0
Content
  • Terminology in the energy sector
  • Primary energy resources (conventional and renewable) and energy conversion chains
  • Environment protection (impact of exploitation, transport and conversion on environment, environment protection and international law)
  • Structure of the energy sector (government agencies, organisations, industry, etc. involved and their role; Regulations in the energy sector by example of Germany and Europe; Liberalisation in the energy market; regulation of grid-bound energy sector)
  • Cost calculation; Learning Curves; Investment appraisal Methods
  • Energy demand and energy systems (sectors; daily, weekly and seasonal load profiles; electricity market and heat market; district heating; cogeneration)
  • Electrical supply (example Germany, Europe; power plant fleet; virtual power plants; base load, middle load, peak load; decentralised energy supply; grid topology; grid operation; quality and reliability of grid operation)
Literature
  • Bhattacharyya, S.C.: Energy Economics: Concepts, Issues, Markets and Governance, Springer, London, 2019
  • Erdmann, G.; Zweifel, P.: Energieökonomik – Theorie und Anwendungen, Springer, Berlin / Heidelberg, 2022
  • Konstantin, P.: Praxisbuch Energiewirtschaft. Energieumwandlung, -transport und -beschaffung im liberalisierten Markt, 4th edition, Springer, Berlin, 2017
  • Narbel, P. A., J. P. Hansen, J. R. Lien.: Energy Technologies and Economics, Springer, 2014
  • Ströbele, W.; Pfaffenberger, W.; Heuterkes, M.: Energiewirtschaft – Einführung in
    Theorie und Politik, 3rd edition, Oldenbourg, Munich, 2012
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