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2025-2026 / ENVT0072-2

Project approach: theory and economic issues

Duration

12h Th, 8h Pr

Number of credits

 Master in environmental sciences and management, professional focus2 crédits 
 Master in environmental sciences and management, professional focus (Codiplômation Université du Luxembourg)2 crédits 

Lecturer

Philippe Andre, Vincent Hanus, Abdelhamid Kheiri

Coordinator

Philippe Andre

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

Technico-economic analysis of energy systems:

  • From engineering sciences to economic and financial considerations: the same scientific rigor
  • How determine the profitability of energy investment?
  • How to compare 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: optimal thermal insulation thickness, the diameter of a fluid pipe, ...
  • Thermoeconomy and system's energy integration.
Project management

Subjects related to the renewable energies and the enviromental performance of the buildings

Introduction to the fundamentals of project management: definition, organizational charts, project-operations duality, budget-cost, steering, and governance.

Implementing a project: identifying stakeholders, SWOT matrix, PDCA method, facilitating meetings, task allocation, milestones, and preventing the tunnel effect.

Developing a dashboard: planning using a Gantt chart, defining WBSs, RACI responsibility matrix, risk management and monitoring.

Learning outcomes of the learning unit

Techno-economic analysis of energy systems

The sizing of an energy installation or the search for its optimal size or operating conditions cannot be done only with the knowledge of engineering sciences (thermodynamics, heat transfer, fluid mechanics, etc.): it is necessary to take into account the cost of the investment and its economic profitability. The aim of this course is to provide students with the necessary knowledge and methods to effectively understand these aspects. All energy sectors are concerned. The financial (economic) cost of acquiring equipment (CAPEX), the cost of operating and maintaining it (OPEX), and the cost of capital all play a critical role. Students will be able to rigorously combine aspects of the engineering sciences studied in the Master's program with financial calculations. The methodologies acquired are applicable to other areas of engineering.

Project management


At the end of this unit, you will be able to implement appropriate project management.

Prerequisite knowledge and skills

Techno-economic analysis of energy systems

L3 Level of Thermodynamics, Heat Transfer and Fluid Mechanics

Planned learning activities and teaching methods

Techno-economic analysis of energy systems

Lesson on Videoprojector and on the blackboard

Classroom exercises

Homework

Project management

Introduction to project management (theory and training) through courses and a MOOC. Introductory session on collaboration to build a high-performing team (ComColors® model)

Session for the project monitoring

Training for the presentation and defence

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

Blended learning


Further information:

Techno-economic analysis of energy systems

Face to face courses

Project management

Face to face: introductory and closing sessions, and a Q&A session.

Remote course: the MOOC and project monitoring sessions.

Face to face coaching for project monitoring and presentations.

Course materials and recommended or required readings

Platform(s) used for course materials:
- eCampus
- Microsoft Teams

Exam(s) in session

Any session

- In-person

written exam ( open-ended questions )

Written work / report

Out-of-session test(s)


Further information:

Techno-economic analysis of energy systems

Final mark = 2/3 exam mark + 1/3 homework mark.

In case of failure, there is a second session in August-September for the exam, and for the homework (if its mark is <10/20)

Project management

The mark for this section is the one obtained on the MOOC exam (in October-November).

In case of insufficient participation (fewer than two project management follow-up meetings), the grade for this section will automatically be 0/20.

In case of failure on this section, a second MOOC session will be organized in March-April.

Final grade: 1/3 based on the results obtained on the MOOC for the "management" section and 2/3 based on the results for the "finance" section.

Work placement(s)

Techno-economic analysis of energy

 

None

Organisational remarks and main changes to the course

Contacts

Techno-economic analysis of energy

abdelhamid.kheiriATuniv-lorraine.fr        (don't use any othere email adress)

Project management

Anne Wouters: Anne.Wouters@uliege.be
Assistante
Building Energy Monitoring and Simulation
Université de Liège
Arlon Campus Environnement
Avenue de Longwy, 185
B-6700 ARLON
32 (0)63 23 08 58

Vincent Hanus: vincent.hanus@uliege.be

Association of one or more MOOCs

There is no MOOC associated with this course.


Further information:

 There is no internal ULiège MOOC associated with this course.

The Project Management MOOC organized by the École Centrale de Lille is associated with this course.