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2016/17 Taught Postgraduate Module Catalogue

CAPE5470M Policy and Economics for Sustainable Energy Systems

15 creditsClass Size: 80

Module manager: Professor T Cockerill
Email: t.cockerill@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2016/17

Module replaces

ETII5003M Policy and Economics for SES

This module is not approved as an Elective

Objectives

The module will introduce students with engineering backgrounds to some key issues in energy policy and economics. While the intention is to provide a broad grounding, the breadth of the subject means that the module cannot attempt to be comprehensive. Instead, there will be a focus on those technical elements of policy and economics that impact directly on the work of the energy engineer. The module will bring out the way in which engineering, policy, and micro-economics are uniquely intertwined within the energy domain. The majority of the material will be qualitative in nature, but comprehensive quantitative and analytical skills will be required to gain full value from the module.

Learning outcomes
On successfully completing this module, students will be able to:
- Articulate the role of engineers in facilitating the move to a sustainable energy system, and the need to work with policy makers and economists;
- Use their understanding of energy policy and economics to frame the engineering development of new energy technologies, thereby enhancing the likelihood that such technologies will have an impact;
- Explain why certain energy technologies have been successful, while others have failed to have an impact, and set out the implications for future development;
- Quantitatively evaluate the financial feasibility of potential investments in energy technologies;
- Use selected analytical and modeling techniques to compare the potential of differing technical, policy and social approaches to developing a sustainable energy system.


Syllabus

Introduction to energy policy and economics;
Integrated approaches to energy systems;
Technology issues in energy policy;
Investment appraisal for energy systems;
Principles of energy economics and markets;
Electricity systems and markets;
Energy systems models;
Case studies.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Lecture112.0022.00
Tutorial81.008.00
Private study hours120.00
Total Contact hours30.00
Total hours (100hr per 10 credits)150.00

Private study

Reading, Review and Research (50 hours): In view of the interdisciplinary nature of
the module, and the engineering background of the students, there will be a significant quantity of supporting reading required of students taking the module. There will be specific reading and follow up research for each major element of the module.
Assessed Coursework (40 hours): Two course work assignments will be set with
the students working in groups to assimilate and analyse data, producing a short
report.
Formative Coursework (30 hours): Selected lectures will set non-assessed follow-up exercises (e.g. numerical exercises on energy investment appraisal) for students to complete in their own time.
Tutorials: The eight tutorials will be used to (i) set course work assignments, (ii)
review interim progress with group assignments via a presentation, (iii) review the
outputs from formative course work, and (iv) hold workshops on elements of the
programme that prove particularly challenging to the intake.

Opportunities for Formative Feedback

Progress will be monitored in a formative way by the review of exercises during tutorial classes and in a summative way by marking of the coursework reports.

Methods of assessment


Coursework
Assessment typeNotes% of formal assessment
ReportPolicy report 124.00
PresentationGroup presentation 11.00
ReportPolicy report 224.00
PresentationGroup presentation 21.00
In-course AssessmentIn-class test50.00
Total percentage (Assessment Coursework)100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 30/03/2015

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