Electricity, Renewables and District Heating

Module: Electricity, Renewables and District Heating (6 Credits)
Name in diploma supplement	Electricity, Renewables and District Heating
Responsible	Prof. Dr. Christoph Weber
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 Master > Pflichtbereich > 1.-2. Sem, Compulsory ECMX Master > Wahlpflichtbereich > ME5 Economics > 1.-3. Sem, Elective EnergySc Master > Fortgeschrittene Energiewissenschaft > 1. Sem, Elective LA gbF/kbF BK Master > Masterprüfung in der kleinen beruflichen Fachrichtung > Produktion, Logistik, Absatz > Wahlpflichtbereich Kleine berufliche Fachrichtung "Produktion, Logistik, Absatz" > 1.-3. Sem, Elective VWL Master > Wahlpflichtbereich II > 1.-3. Sem, Elective WiInf Master > Wahlpflichtbereich > Wahlpflichtbereich II: Informatik, BWL, VWL > Wahlpflichtmodule der Betriebswirtschaftslehre > 1.-3. Sem, Elective WiIng Master > Wahlpflichtbereich Wirtschaftswissenschaften, Energiewirtschaft > 1.-3. Sem, Elective WiMathe Master > VWL-Energie > 1.-4. Sem, Elective
Elements	Lecture Electricity, Renewables and District Heating (3 Credits) Exercise Electricity, District Heating, Renewable Energy (3 Credits)
Module: Electricity, Renewables and District Heating (WIWI‑M0670)

Lecture: Electricity, Renewables and District Heating (3 Credits)
Name in diploma supplement	Electricity, Renewables and District Heating
Organisational Unit	Lehrstuhl für Energiewirtschaft
Lecturers	Prof. Dr. Christoph Weber, Dr. Benjamin Böcker, Dr. Michael Bucksteeg
Hours per week	2	Language	English
Cycle	winter semester	Participants at most	###LABEL_NOLIMIT###
Preliminary knowledge Basic knowledge in the field of energy economics (i. e. "Einführung in die Energiewirtschaft")
Contents Subject and fundamental problems, research approaches including their meaning Management of power generation incl. renewables: Power plants as an essential resource, power plant scheduling, supply and sales markets, portfolio management for power generation Management of power transmission and distribution: Power-flow analysis, grid structure and operation, reserves, congestion management, grid usage – contract and billing principles, balancing, measurement and billing Perspectives for future electricity systems: power plant investment and long-term equilibria in power markets, consequences of increased electricity generation from renewable energies, congestion management and grid expansion, smart metering, prosumers Management of electricity supply and sales: key market segments, products and prices Management of district heat generation and distribution: Technical aspects, real world example, Management of cogeneration plants, operation, maintenance and expansion of district heat grids
Literature Erdmann, G.; Zweifel, P.: Energieökonomik (2010): Theorie und Anwendungen; 2. (verbesserte) Auflage; Berlin. Löschel, A; Rübbelke, D; Ströbele, W.; Pfaffenberger, W.; Heuterkes, M.: Energiewirtschaft (2020): Einführung in Theorie und Politik; 4. Auflage; München. Schiffer, H.-W. (2019): Energiemarkt Deutschland; Köln. Weber, C. (2005): Uncertainty in the Electric Power Industry: Methods and Models for Decision Support; Berlin.
Lecture: Electricity, Renewables and District Heating (WIWI‑C0817)

Exercise: Electricity, District Heating, Renewable Energy (3 Credits)
Name in diploma supplement	Electricity, District Heating, Renewable Energy
Organisational Unit	Lehrstuhl für Energiewirtschaft
Lecturers	Prof. Dr. Christoph Weber, wissenschaftliche Mitarbeiter:innen
Hours per week	2	Language	English
Cycle	winter semester	Participants at most	###LABEL_NOLIMIT###
Preliminary knowledge Basic knowledge in the field of energy economics (i.e. "Einführung in die Energiewirtschaft"), basic math skills
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 and the modeling language GAMS.
Literature See lecture
Teaching concept Parts of the modelling and applications are taught using computers.
Exercise: Electricity, District Heating, Renewable Energy (WIWI‑C0818)