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Renewable Energy Economics and Planning

Course Description: Fundamentals of economic and financial analysis of renewable energy systems, including life cycle cost calculations and key economic indicators, with detailed case studies of three different renewable energy systems. Financing, financial instruments, and support mechanisms provided by governments. Energy planning considering sustainable approaches using various decision-making techniques, followed by three practical case studies.

Credit hours: 3

Objectives of the course :

A good understanding of economic principles.
A good understanding of economic measures.
Good understanding of financial instruments for redevelopment projects.
A good understanding of support mechanisms for rehabilitation projects.
Good knowledge of retopology methods.
The ability to select and use appropriate economic measures.
Differentiating between various financial instruments.
The ability to differentiate between different support mechanisms.
The ability to implement some sustainable energy planning methods.

Course outputs :

1.1 Understanding the basics and concepts of economic and financial analysis for renewable energy projects.
1.2 Understanding Key Economic Indicators.
1.3 Life Cycle Costing Method Description.
1.4 Analysis of financing types and financial instruments.
1.5 Calling types of support mechanisms.
Overview of methods used for renewable energy planning.
1.7 Description of the different methods used for sustainable energy planning.
2.1 Calculation of Key Economic Formulas.
2.2 To understand and interpret economic measures.
2.3 Differentiating between various financial instruments.
2-4 Differentiating between various support mechanisms.
2.5 Choosing the appropriate method for sustainable energy planning.
2.6 Applying economic measures to a specific renewable energy system.
2.7 Life Cycle Cost Performance of Renewable Energy Systems.
2.8 Conduct a full economic feasibility study for a small renewable energy system.
2.9 Implementing some methods used for sustainable energy planning.
3.1 Professional development for strategic planning and decision-making.
3.2 Sense of responsibility towards future generations, and critical analysis of renewal planning during the exercise of autonomy.
3.3 Independent Learning to demonstrate students' ability to make informed decisions, manage specialized tasks effectively, and collaborate with potential stakeholders.

Additional information:

Last updated: 2026-05-05