Contents

• Introduction to the energy industry
• Primary energy
  • Fossil fuels & greenhouse gas emissions
  • Nuclear Energy
  • Renewable Energies
• Secondary and final energy
  • Electricity
  • Heat
  • Hydrogen
• Energy transport and storage
• Economic and business fundamentals
  • Market theory
  • Economic feasibility studies
• Wholesale markets for energy
  • Electricity
  • CO₂
  • Fuels
• End customer market for electricity
  • Electricity sales
  • Electricity grid regulation
  • Digitization

The accompanying exercise deepens the material through arithmetical exercises.

Learning goals and competences
After successful completion of this module the students are able to,

• define basic terms of the energy industry vocabulary.
• explain the basic interrelationships of the energy industry along the energy series.
• costs and greenhouse gas emissions of the provision of final energy and storage technologies.
• understand the pricing on wholesale markets for electricity, CO₂ certificates and fuels.
• explain the composition of the end customer price for electricity.
• evaluate investments in technologies for the provision of final energy in terms of their economic efficiency.
• be able to assess current developments in the transformation of the energy system themselves.

They acquire

• in-depth and interdisciplinary methodological competence and
• the ability to think in a networked and critical manner.

Students will practice initial approaches to scientific learning and thinking and will be able to

• develop complex problems in technical systems in a structured way and solve them in an interdisciplinary way using suitable methods,
• transfer knowledge/skills to concrete system engineering problems.