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Module (6 Credits)

Electricity, District Heating, Renewable Energy

Name in diploma supplement
Electricity, District Heating, Renewable Energy
Responsible
Admission criteria
See exam regulations.
Workload
180 hours of student workload, in detail:
  • Attendance: 45 hours
  • Preparation, follow up: 75 hours
  • Exam preparation: 60 hours
Duration
The module takes 1 semester(s).
Qualification Targets

Students taking the course will

  • be able to apply their knowledge of theory and methodology in exercises
  • get familiar with modern concepts and methods for management in energy economics
  • acquire an understanding of procedures for operational and strategic decision support in areas of electricity, district heating and renewable energy sectors
  • deepen theory and methodology with case studies and numerical examples
Relevance

A great deal of the presented knowledge and methods is used and required in business operations of energy companies. Aside from general competences on all stages of the value chain of electricity, particular emphasis is placed on the fields of energy trading and controlling.

Module Exam

Written exam (generally 60-90 minutes).

Usage in different degree programs
  • BWL-EaF-Ma-2015 Pflichtbereich 1st-2nd Sem, Compulsory
  • EnergySc-Ma-2016 Fortgeschrittene Energiewissenschaft 1st Sem, Elective
  • LA-gbF-kbF-BK-Ma-2014 Masterprüfung in der kleinen beruflichen Fachrichtung Produktion, Logistik, Absatz Profil "Produktionswirtschaft" in der kleinen beruflichen Fachrichtung Wahlpflichtbereich im Profil "Produktionswirtschaft" 1st-3rd Sem, Elective
  • VWL-Ma-2009-V2013 Wahlpflichtbereich II 1st-3rd Sem, Elective
  • WiInf-Ma-2010 Wahlpflichtbereich Wahlpflichtbereich II: Informatik, BWL, VWL Wahlpflichtmodule der Betriebswirtschaftslehre 1st-3rd Sem, Elective
  • WiIng-Ma-2008 Wahlpflichtbereich Wirtschaftswissenschaften, Energiewirtschaft 1st-3rd Sem, Elective
  • WiMathe-Ma-2013 VWL-Energie 1st-4th Sem, Elective
Elements
Name in diploma supplement
Electricity, District Heating, Renewable Energy
Organisational Unit
Lecturers
SPW
2
Language
English
Cycle
winter semester
Participants at most
no limit
Preliminary knowledge

Basic knowledge in the field of energy economics (i. e. "Einführung in die Energiewirtschaft")

Contents
  1. Subject and fundamental problems, research approaches including their meaning
  2. Management of electricity generation: Contract negotiations and pricing in fuel markets, power plant planning and portfolio management, contract negotiations and pricing in electricity wholesale markets, emission trading, interaction between power plants and pricing, power plant investment strategies and maintenance strategies, IT-Support of generation management
  3. Management of power transmission and distribution: legal aspects of competition and regulation, grid connection and grid pass, grid operation, grid maintenance and grid expansion, processes particularly production schedule management including their IT-Support
  4. Management of power sales: customer segmentation, pricing and product design in retail markets, competition in retail markets, customer relationship management and IT-Support
  5. Management of district heat generation and distribution: Management of cogeneration plants, operation, maintenance and expansion of district heat grids
  6. Management of renewable energies: energy policy framework, investment decisions on renewable energies, integration of renewable energy sources into existing grid operation, backup and storage strategies for renewable energies
Literature
  • Erdmann, G.; Zweifel, P.: Energieökonomik (2010): Theorie und Anwendungen; 2. (verbesserte) Auflage; Berlin.
  • Ströbele, W.; Pfaffenberger, W.; Heuterkes, M.: Energiewirtschaft (2010): Einführung in Theorie und Politik; München.
  • Schiffer, H.-W. (2008): Energiemarkt Deutschland; 10. Auflage; Köln.
  • Weber, C. (2005): Uncertainty in the Electric Power Industry: Methods and Models for Decision Support; Berlin.
Participants
  • BWL-EaF-Ma-2015 Pflichtbereich Modul "Electricity, District Heating, Renewable Energy" 1st-2nd Sem, Compulsory
  • EnergySc-Ma-2016 Fortgeschrittene Energiewissenschaft Modul "Electricity, District Heating, Renewable Energy" 1st Sem, Elective
  • LA-gbF-kbF-BK-Ma-2014 Masterprüfung in der kleinen beruflichen Fachrichtung Produktion, Logistik, Absatz Profil "Produktionswirtschaft" in der kleinen beruflichen Fachrichtung Wahlpflichtbereich im Profil "Produktionswirtschaft" Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • VWL-Ma-2009-V2013 Wahlpflichtbereich II Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiInf-Ma-2010 Wahlpflichtbereich Wahlpflichtbereich II: Informatik, BWL, VWL Wahlpflichtmodule der Betriebswirtschaftslehre Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiIng-Ma-2008 Wahlpflichtbereich Wirtschaftswissenschaften, Energiewirtschaft Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiMathe-Ma-2013 VWL-Energie Modul "Electricity, District Heating, Renewable Energy" 1st-4th Sem, Elective
Lecture: Electricity, District Heating, Renewable Energy (WIWI‑C0817)
Name in diploma supplement
Electricity, District Heating, Renewable Energy
Organisational Unit
Lecturers
SPW
2
Language
English
Cycle
winter semester
Participants at most
no limit
Preliminary knowledge

Basic knowledge in the field of energy economics (i.e. "Einführung in die Energiewirtschaft")

Contents

Intensifying the theory and methodology with case studies and numerical examples. Repetition, discussion and application of lecture materials. For that purpose excerpts from literature (models) are presented to the students and are discussed together. They are illustrated with the help of examples. Together with specific and current examples this serves to consolidate the theoretical knowledge and the applied skills. The exercises are partly done on a PC using MS Excel.

Literature

See lecture

Teaching concept

Parts of the modelling and applications are taught using computers.

Participants
  • BWL-EaF-Ma-2015 Pflichtbereich Modul "Electricity, District Heating, Renewable Energy" 1st-2nd Sem, Compulsory
  • EnergySc-Ma-2016 Fortgeschrittene Energiewissenschaft Modul "Electricity, District Heating, Renewable Energy" 1st Sem, Elective
  • LA-gbF-kbF-BK-Ma-2014 Masterprüfung in der kleinen beruflichen Fachrichtung Produktion, Logistik, Absatz Profil "Produktionswirtschaft" in der kleinen beruflichen Fachrichtung Wahlpflichtbereich im Profil "Produktionswirtschaft" Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • VWL-Ma-2009-V2013 Wahlpflichtbereich II Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiInf-Ma-2010 Wahlpflichtbereich Wahlpflichtbereich II: Informatik, BWL, VWL Wahlpflichtmodule der Betriebswirtschaftslehre Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiIng-Ma-2008 Wahlpflichtbereich Wirtschaftswissenschaften, Energiewirtschaft Modul "Electricity, District Heating, Renewable Energy" 1st-3rd Sem, Elective
  • WiMathe-Ma-2013 VWL-Energie Modul "Electricity, District Heating, Renewable Energy" 1st-4th Sem, Elective
Exercise: Electricity, District Heating, Renewable Energy (WIWI‑C0818)
Module: Electricity, District Heating, Renewable Energy (WIWI‑M0670)