Lecturers: Kaldellis Κ. Ιoannis – Kondili Μ. Emilia

Duration: 36 hours

Thematic units:

1st Thematic Unit: Global Energy Balance and the National Energy system  

  • Global Energy Balance across different periods in time
  • Primary and final energy consumption
  • Installed Power and energy production in our planet
  • Global energy mix
  • Relationship between the energy consumption and the economic growth
  • Energy production and demand in Greece – National Energy Balance
  • Basic energy sources and contribution in the national energy balance
  • The energy autonomy great issue

2nd Thematic Unit: Main power generation technologies – Renewable and conventional energy sources

  • Basic categories of power generation plants
  • Basic principles and characteristics of power generation systems (thermal, Hydro, RES)
  • Thermal and electric energy cogeneration plants
  • Power and Energy Loads Demand analysis
  • Load Demand curves and base – peak load plants (Ramp Rate)
  • Energy storage systems

3rd Thematic Unit: Basic Engineering Economics for Energy Projects – ESCOs

  • The most important current energy projects in the country
  • Funding of energy projects
  • Feasibility studies: scope and objectives
  • Basic economic characteristics of energy Projects. Capital and Operating Costs.
  • BreakEven Point Analysis.
  • Cash flows. Time value of money.
  • Energy Investments evaluation. Simple and Complex Evaluation Criteria.
  • Examples and Case Studies
  • ESCOs (basic characteristics – regulatory framework in Greece)

4th Thematic Unit: Electricity Market in Greece

  • The structure of the Greek electricity system
  • Electricity market in Greece, Regulatory framework, stakeholders, control organisations, role and intervention rights
  • Electrical networks and Renewable Energy Sources
  • Central and Distributed Power Generation – and smart networks
  • Reliability of power networks and consumers
  • Demand management
  • Participation in electricity markets (consumers and producers)
  • Power and energy electricity supply tariffs in Greece
  • Competitive and control premiums
  • The target model
  • Natural Gas and its Applications
  • Natural Gas Transportation Networks

5th Thematic Unit: Environmental Economics – Externalities

  • Externalities in energy projects
  • Environmental impacts in the production and use of energy
  • Environmental Impact Assessments
  • The impacts of the most widely applied energy projects
  • Environmental Economics. The economic pollution problem in regional and local range. The socially optimum pollution level.
  • The economic problem of climate change. Economic incentives and penalties – pollution rights.
  • The most important environmental valuation methods. Revealed preference and stated preference methods. The replacement cost and the contingent valuation method.

6th Thematic Unit: Energy Markets and Energy Policy

  • Basic principles and basic characteristics of electric energy markets
  • Energy market liberisation
  • Energy as a public or merit good
  • Energy Costs
  • Environmental and Macroeconomic energy cost
  • Energy taxation
  • Long term planning of the energy system
  • The Energy Choice – The Energy Trilemma
  • Marginal System Pricing
  • Daily energy planning
  • Utilities needs, markets, pricing.
  • Introduction in the competition economy in the energy markets
  • Energy pricing mechanisms
  • Net metering, Energy Communities
  • The limitation of energy resources and its impact in the energy prices