Techno-economic Aspects of Renewable Energy Sources

Објавено: June 15, 2023
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.

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.

12. Learning methods:

Teaching supported by presentations, interactive lectures, project preparation and practical study case analysis. Research and independent homework and project assignments.

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

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.

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