TECHNO-ECONOMICAL ANALYSIS OF ENERGY APPLICATIONS

Course Description

The course will equip students with the knowledge and analytical skills required to evaluate the feasibility, cost-effectiveness, and environmental impact of energy systems and efficiency measures. The course will cover life cycle cost analysis, financial metrics such as payback period, net present value (NPV), and save-to-investment ratio (SIR), as well as the use of software tools for comprehensive techno-economic assessments. By the end of the course, students will be able to make informed decisions regarding energy investments, balancing technical performance, economic viability, and environmental sustainability.

TECHNO-ECONOMICAL ANALYSIS OF ENERGY APPLICATIONS

Evaluation Tools (Active Term)

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Course outcomes

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Course Syllabus

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Reference Books & Course Materials

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Learning Outcomes

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Program Outcomes

1. Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledgein these areas in complex engineering problems
2. Ability to identify, formulate, and solve complex environmental problems; ability to select and apply proper analysis and modeling methods for this purpose.
3. Ability to design and conduct experiments, gather data, analyze and interpret results for investigating environmental problems or discipline specific research questions.
4. Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
5. Ability to communicate effectively in English, both orally and in writing; knowledge of a minimum of one foreign language
6. Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
7. Consciousness to behave according to ethical principles and professional and ethical responsibility; knowledge on standards used in engineering practice.
8. Knowledge about business life practices such as project management, risk management, and change management; awareness in entrepreneurship, innovation; knowledge about sustainable development.
9. Knowledge about the global and social effects of engineering practices on health, environment, and safety, and contemporary issues of the century reflected into the field of engineering; awareness of the legal consequences of engineering solutions.

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