After successful completion of the course, students are able to explain the concept of energy services, make energy-economic assessments, analyze energy systems, and set up and explain energy balances.

The concept of energy services such as mobility and lighting, assessment and analysis of energy demand and supply structures,  basic principles of economic analyses, energy and electricity markets and regulation, fossil energy resources and renewable energy potentials, efficiencies of energy conversion, environmental issues and policy instruments, energy demand models, technological learning, energy scenarios.

The methods used in the VU Energy Economics include: Lecture, student presentations, discussions, computational exercises in the form of home assignments and submission of protocols. These applied methods enable appropriate analyses describing technical, energetic, ecological, econometric and economic aspects.

The grade of the course Energy Economics is composed of the following parts:

•     20% - Presentation (in group) of a predefined topic from the field of energy economics within the framework of the lecture units. Date and topic will be defined via the group registration (list of dates and topics in TUWEL).
  
•     40% - Submission of computational exercises (in group) as protocols during the semester. The exercises are partly solved with the help of software (Excel, Matlab, Python, …).
•     40% - written exam (at the end of the semester or at a later date)
  

Bei Fragen zur LVA - bitte sich an Marlene Sayer wenden "sayer@eeg.tuwien.ac.at"!

The assessment is made by submitting exercises (40% of the grade) and a presentation during the semester (20% of the grade) and a written exam (40% of the grade) after completing the exercises.

In order to be admitted to the written exam, all exercises must be positive and the presentations must be held!

Students have to pass both the exercise part, presentation, and the exam.

Lecture notes for this course are available at TUWEL