Energy Economics (ECM 01)
The students know and apply the common terminology in the energy sector. They know and understand the structure of an energy sector by example of Germany and are able to access systematically the structures of other energy markets. The students know how to access data in the energy sector; they are acquainted to statistical methods allowing critical analysis of data.
The students got the background to judge the impact of actual developments in industry, politics, legacy etc. on the energy sector.
The students know how to gain information and data required for techno-economic analyses of energy projects. They are able to perform cost calculation and investment appraisal studies.
By applying Computer-Algebra-Tools they are able to perform extensive sensitivity analyses.