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MJ2383 Energy System Economics, Modelling and Indicators for Sustainable Energy Development 6.0 credits

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Information per course offering

Choose semester and course offering to see current information and more about the course, such as course syllabus, study period, and application information.

Termin

Information for Autumn 2025 Start 25 Aug 2025 programme students

Course location

KTH Campus

Duration
25 Aug 2025 - 12 Jan 2026
Periods
P1 (3.0 hp), P2 (3.0 hp)
Pace of study

17%

Application code

50966

Form of study

Normal Daytime

Language of instruction

English

Course memo
Course memo is not published
Number of places

Places are not limited

Target group

Elective for all programs as long as it can be included in your program, Open for exchange students

Planned modular schedule
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Schedule
Schedule is not published

Contact

Examiner
No information inserted
Course coordinator
No information inserted
Teachers
No information inserted

Course syllabus as PDF

Please note: all information from the Course syllabus is available on this page in an accessible format.

Course syllabus MJ2383 (Autumn 2025–)
Headings with content from the Course syllabus MJ2383 (Autumn 2025–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

The overall objective of the course is to explore basic energy system economic concepts related to energy infrastructure investments, energy-environment economics and the role of indicators for sustainable development.

The participants will gain practical experience in the use of a range of economic tools and models. These include basic linear programming techniques, the economic interpretation of energy models and economic indicators relating to policy and technology scenarios.

In a group project, they will use an energy system model to map key economic indicators to sustainable development goals, and further develop their critical skills in modelling and results interpretation.

Intended learning outcomes

After the course, the students should be able to:

  1. Explain key economic concepts and the costs of energy infrastructure investments
  2. Evaluate a range of economic and financial tools and apply them to examine energy investments and operation
  3. Describe the economic drivers of long-term energy transitions and critique how these are modelled
  4. Interpret key outputs of energy-environment-economic (3E) models, including system costs and shadow prices, in combination with off-model data, across social, economic and environmental dimensions
  5. Accurately communicate concepts of energy economics using written, spoken and visual media

Literature and preparations

Specific prerequisites

No information inserted

Literature

You can find information about course literature either in the course memo for the course offering or in the course room in Canvas.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • LABA - Labb, 0.5 credits, grading scale: P, F
  • PROA - Project, 3.0 credits, grading scale: A, B, C, D, E, FX, F
  • SEMA - Seminars, 0.5 credits, grading scale: P, F
  • TENA - Written exam, 2.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Examiner

Profile picture William Usher

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

ITM/Energy Systems

Main field of study

Mechanical Engineering

Education cycle

Second cycle