2021-2022 / ENVT0072-1

Technical and economic analysis of energy systems : theory and project

Duration

16h Th, 8h Pr

Number of credits

 Master in environmental science and management (120 ECTS)2 crédits  
 Master in environmental science and management (60 ECTS)2 crédits  

Lecturer

Abdelhamid Kheiri

Substitute(s)

Abdelhamid Kheiri

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

  • Preamble
The energy optimum, in the sense of the first or even the second law of thermodynamics, can't lead to the best choice (optimal choice) of realization of an energy installation (choice of investment). An investment in energy saving must last several years during which the value of the currency is modified. Direct calculations of go-no go for such investment and the optimization calculations of installation (dimension, functionning parameters,..) must take into account both scientific and economic aspects. All energy sectors are concerned. The financial (economic) costs of acquiring the facilities (CAPEX) , their cost of operation and maintenance (OPEX) and the cost of capital play a decisive role. It is necessary to know how to mix with rigor the aspects of the sciences of the engineer (thermodynamics, thermal, mechanics of the fluids) with the financial computations. The methodologies to be acquired in this course can be applied to the other domains of the engineering sceinces.




  •   Objectives and content of the course
    - How to determine the profitability of an energy investment? - How to compare between two energy investments, and make a choice? - What is the Net Present Value (NPV) of an energy investment - The Time of Return, a concept to handle with care - The Internal Rate of Return (IRR) of an investment. - Optimal achievements. Optimal dimensioning of installations from simple to complex: thermal insulation thickness, diameter of a fluid pipe or tubes of an exchanger, photovoltaic panel surface, operating point of a thermodynamic cycle). - Thermoeconomy and energy integration.

Learning outcomes of the learning unit

  • Objectives and content of the course
- How to determine the profitability of an energy investment?
- How to compare between two energy investments, and make a choice?
- What is the Net Present Value (NPV) of an energy investment
- The Time of Return, a concept to handle with care
- The Internal Rate of Return (IRR) of an investment.
- Optimal achievements. Optimal dimensioning of installations from simple to complex: thermal
insulation thickness, diameter of a fluid pipe or tubes of an exchanger, photovoltaic panel
surface, operating point of a thermodynamic cycle).
- Thermoeconomy and energy integration.

Prerequisite knowledge and skills

 
L3 Level Thermodynamics, Heat Transfer and Fluid Mechanics

Planned learning activities and teaching methods

Lesson on Videoprojector and on the board.

Classroom exercises

Homework

Mode of delivery (face to face, distance learning, hybrid learning)

Face To Face

Recommended or required readings

Assessment methods and criteria

 
Exam at the end oh the courses.
Homwork. It's mark represent 25% on the final mark
(Final Mark = 3/4 Exam mark +1/4 homework mark)

Work placement(s)

Organizational remarks

Contacts

abdelhamid.kheiriATuniv-lorraine.fr