1. | Course Title | Techno-economic Aspects of Renewable Energy Sources | |||||||||||
2. | Code | 4ФЕИТ04018 | |||||||||||
3. | Study program | 1-OIE, 4-EE | |||||||||||
4. | Organizer of the study program (unit, institute, department) | Faculty of Electrical Engineering and Information Technologies | |||||||||||
5. | Degree (first, second, third cycle) | Second cycle | |||||||||||
6. | Academic year/semester | I/1 | 7. | Number of ECTS credits | 6.00 | ||||||||
8. | Lecturer | Dr Atanas Iliev | |||||||||||
9. | Course Prerequisites | ||||||||||||
10. | Course Goals (acquired competencies):
Ability to develop the technoeconomic analyzes for the design and exploitation of Renewable Energy Sources (RES). Acquisition of knowledge about methods for financing and economic evaluation of RES projects. Acquiring knowledge about the technical aspects of the integration of RES in the Electric Power System. |
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11. | Course Syllabus:
Estimation of expected production of electricity from various type of Renewable Energy Sources (RES). Calculation of price of installed capacity and produced kWh from RES. Feeding tariffs and their application. Analyses of the investments in RES. Economical and financial parameters for project acceptance (Net Present Value, Internal Rate of Return – IRR, Return of Investment – ROI, Profitability Index – PI). Sensitivity analyses of the RES projects. Impact of uncertainty on technical and economic aspects of the projects. Study case – Small Hydro Power Plant, Wind Power Plant, Photovoltaic Power Plant. Conditions for connection of RES to the grid. Impact of power variation of RES on optimal operation of power system. Power flow in grids with with RES. Impact of RES on reducing the emission of greenhouse gases and ensuring sustainable development. |
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12. | Learning methods:
Teaching supported by presentations, interactive lectures, project preparation and practical study case analysis. Research and independent homework and project assignments. |
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13. | Total number of course hours | 180 | |||||||||||
14. | Distribution of course hours | 3 + 3 | |||||||||||
15. | Forms of teaching | 15.1 | Lectures-theoretical teaching | 45 hours | |||||||||
15.2 | Exercises (laboratory, practice classes), seminars, teamwork | 45 hours | |||||||||||
16. | Other course activities | 16.1 | Projects, seminar papers | 30 hours | |||||||||
16.2 | Individual tasks | 30 hours | |||||||||||
16.3 | Homework and self-learning | 30 hours | |||||||||||
17. | Grading | ||||||||||||
17.1 | Exams | 15 points | |||||||||||
17.2 | Seminar work/project (presentation: written and oral) | 40 points | |||||||||||
17.3. | Activity and participation | 15 points | |||||||||||
17.4. | Final exam | 30 points | |||||||||||
18. | Grading criteria (points) | up to 50 points | 5 (five) (F) | ||||||||||
from 51 to 60 points | 6 (six) (E) | ||||||||||||
from 61 to 70 points | 7 (seven) (D) | ||||||||||||
from 71 to 80 points | 8 (eight) (C) | ||||||||||||
from 81 to 90 points | 9 (nine) (B) | ||||||||||||
from 91 to 100 points | 10 (ten) (A) | ||||||||||||
19. | Conditions for acquiring teacher’s signature and for taking final exam |
Completion of the homeworks and project assignments |
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20. | Forms of assessment |
Final written and/or oral exam on the whole teaching material (duration 2 hours) and presentation of the seminar works, It is not allowed to use books, scripts, manuscripts or notes of any kind, mobile phone, tablet or any other electronic device during the exam. |
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21. | Language | Macedonian and English | |||||||||||
22. | Method of monitoring of teaching quality | Internal evaluations and surveys | |||||||||||
23. | Literature | ||||||||||||
23.1. | Required Literature | ||||||||||||
No. | Author | Title | Publisher | Year | |||||||||
1. | Atanas Iliev | Selected Chapters from Renewable Energy Sources Economy | FEEIT – Skopje | 2022 | |||||||||
2. | Martin Kaltschmitt, Wolfgang Streicher, Andreas Wiese | Renewable Energy – Technology, Economics and Environment | Springer-Verlag Berlin Heidelberg | 2007 | |||||||||
3. | Chan S. Park | Fundamentals of Engineering Economics | Pearson Int. Edition | 2012 | |||||||||
23.2. | Additional Literature | ||||||||||||
No. | Author | Title | Publisher | Year | |||||||||
1. | Selected Papers | IEEE Transaction on Power Systems & Power Delivery | IEEE Press | 2022 | |||||||||
2. | Leon Freris | Renewable Energy in Power Systems | John Wiley & Sons, Ltd | 2009 |