Intended learning outcomes *
After completion of the course the student will be able to:
· Understand basic economics and costs of energy infrastructure investments.
· Develop economic screening curves to assess the performance of energy investment and operation.
· Understand the role of long term energy-environment-economic (3E) modeling in the planning process.
· Identify key attributes of 3E modeling families.
· Understand the key relationships that drive bottom-up 3E optimization models.
· Map out the energy system from services to supply in a RES (Reference Energy System) Diagram.
· Understand basic linear programming techniques and interpretation.
· Understand important outputs of bottom-up 3E optimization outputs in terms of their economic implications (including system costs and shadow prices).
· Use, apply and modify bottom-up 3E optimization tools in a detailed case study, including the representation of key elements of the energy system.
· Understand the role of indicators for sustainable development (ISED) in the modeling and evaluation of an energy system.
· Identify key ISED in terms of their social, economic and environmental dimensions.
Develop and model scenarios, policies, technology and other interventions and map these to key ISED.