Energy and Economy
This module handbook serves to describe contents, learning outcome, methods and examination type as well as linking to current dates for courses and module examination in the respective sections.
Module version of WS 2017/8
There are historic module descriptions of this module. A module description is valid until replaced by a newer one.
Whether the module’s courses are offered during a specific semester is listed in the section Courses, Learning and Teaching Methods and Literature below.
|available module versions|
|WS 2020/1||WS 2017/8||SS 2012||WS 2011/2|
MW0628 is a semester module in German language at Bachelor’s level and Master’s level which is offered in winter semester.
|Total workload||Contact hours||Credits (ECTS)|
|90 h||30 h||3 CP|
Content, Learning Outcome and Preconditions
- Fundamentals of energy supply
- Commodity markets and world trade in primary energy
- Power trading
- Energy conversion concepts
- Methods of economic calculation
- Efficiency factors of power plants
- Governmental intervention in the market and liberalization
- Importance of energy-intensive companies to the economy
- Heat generation and supply
- Emissions and related costs
- Requirements for future energy systems
Courses, Learning and Teaching Methods and Literature
Courses and Schedule
|VO||2||Energy and Economy||
Responsible/Coordination: Fendt, S.
Learning and Teaching Methods
During the semester, professional deliberations should be carried out by reading and editing book sections and / or paper articles as well as calculating simple exercises. The articles and tasks to be read are discussed / presented in the lecture and are also part of the exam.
Description of exams and course work
No tools are allowed in the test. Task types are knowledge and understanding questions e.g. on basics of global trading with primary energy sources as well as their conversion to other energy forms (heat, power...) and the transport of the energy sources, short calculations e.g. on profitability calculation and drawing diagrams on energy policy but also on technological topics.
The exam will be in German, English answers are possible after consulting the lecturer.
The final score consists of the following elements:
- 100% final examination
There is a possibility to take the exam in the following semester.