Syllabus

Economics of Solar Energy

Code
AEG225
Points
2.5 Credits
Level
Second Cycle
School
School of Information and Engineering
Subject field
Energy Technology (MÖY)
Group of Subjects
Energy Technology
Disciplinary Domain
Technology, 100%
This course can be included in the following main field(s) of study
Energy Technology1
Solar Energy Engineering2
Progression indicator within (each) main field of study
1A1N
2A1N
Approved
Approved, 24 May 2018.
This syllabus is valid from 24 July 2018.

Learning Outcomes

Upon successful completion of the course the student shall be able to:
  • apply and discuss various financial performance indicators to evaluate investments in solar energy systems
  • describe the importance, advantages and limitations of direct and indirect financial incentives, and policy and regulatory measures supporting the implementation of solar energy projects

Course Content

The course deals with the application of methods of engineering economics in the appraisal /evaluation of solar energy systems and their comparison with other energy options. The effects of different policy, regulatory and other support measures (such as feed-in tariffs, renewable purchase obligation, soft loan, capital subsidy or viability gap funding, investment and production tax credits) on the financial attractiveness of investments in solar energy systems will be examined. Approach(es) towards quantifying the environmental benefits of investments in solar energy systems will also be discussed.

Assessment

Group work, individual oral presentation, 2.5 credits.

Forms of Study

Lectures, exercises and seminars.

Grades

The Swedish grades U–G.

Prerequisites

  • Bachelor of Science degree in engineering (mechanical, electrical, energy, engineering physics) of at least 180 credits and English 6

Other Information

Replaces MÖ3030.