Information Package

Master's of Mechanical Engineering without Thesis

MAK526

ENERGY ECONOMY

Course Code
MAK526
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree Without Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. An ability to apply knowledge of mathematics, science, and engineering
  2. An ability to identify, formulate, and solve engineering problems
  3. Ability to analyze and synthesize the relationships among energy, environment, economy, and society
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionEnergy engineering and its significance, primary energy sources and potential analysis, types of fuels, world energy equilibrium, energy storage, energy conversion systems and their applications in economic sectors, cost analysis for energy production systems; fuel cost, depreciation cost and energy cost optimization, effect of energy production on environment and emission analysis, energy economy in sanitary installations, energy economy in heating systems and thermal power plants, energy economy in air conditioning and refrigeration systems, energy economy in renewable energy systems and significance of utilization and load factors in system design, energy analysis of combined hybrid systems.
Course Contents
WEEK TOPICS
1st Week Energy Engineering and its Importance
2nd Week Primary Energy Sources and Their Potential Analyses
3rd Week Fuel Types and Global Energy Balance
4th Week Energy Storage Methods
5th Week Effect of Energy Storage to the Economy
6th Week Cost Analyses of Energy Production Systems
7th Week Cost Analyses of Energy Production Systems
8th Week Energy Cost Optimization
9th Week Effect of Energy Production to the Environment
10th Week Energy Economics in Heating Systems and Heat Power Stations
11th Week Energy Economics in Heating Systems and Heat Power Stations
12th Week Energy Economics in HVAC Systems
13th Week Energy Economics in HVAC Systems
14th Week Economical Analyses of Combined Hybrid Energy Systems
Recommended or Required ReadingBANKS, Ferdinand E., Energy Economics: A Modern Introduction, Kluwer Academic Publishers, 1999
DAHL, Carol A., International Energy Markets: Understanding Pricing, Policies and Profits, Penwell, 2004
KALTSCHMITT, M., STREICHER, W., WIESE, A., Renewable Energy: Technology, Economics and Environment, Springer Verlag, 2007
Planned Learning Activities and Teaching Methods
  • Lecture
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 35
Assignment 5 10
Project 1 10
Attendance 1 5
Total(%) 60
Contribution of In-term Studies to Overall Grade(%) 60
Contribution of Final Examination to Overall Grade(%) 40
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz
Individual or group work 14 2 28
Preparation for Final exam 1 30 30
Course hours 14 3 42
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 2 2
Homework 5 15 75
Presentation (including preperation) 1 10 10
Project 1 80 80
Total Work Load289
Total Work Load / 30 (h)9.63
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3
K1 X
K2 X
K3 X
K4
K5 X X
K6
K7
K8 X
K9
K10 X
K11 X