Duration
20h Th, 28h Pr
Number of credits
Lecturer
Philippe Andre, Manfred Greger, Vincent Hanus, Abdelhamid Kheiri, Olivier Lottin
Coordinator
Language(s) of instruction
French language
Organisation and examination
Teaching in the first semester, review in January
Schedule
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.
Subjects related to the renewable energies and the enviromental performance of the buildings
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;
- Apply an appropriate problem solving approach;
- Evaluate the return on investment of a project;
- Present your approach and results in writing.
- Present and defend your approach and results orally.
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
One introduction session for the project management (theory and training) and for the collaboration to obtain a powerful team (ComColors® model)
Session for the project monitoring
Training for the presentation and defence
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face course
Additional information:
Techno-economic analysis of energy systems
Face To Face courses
Project management
Face to face for the theory.
Coaching for the project management and the presentation.
Recommended or required readings
None
Exam(s) in session
Any session
- In-person
written exam ( open-ended questions )
Written work / report
Out-of-session test(s)
Additional information:
Techno-economic analysis of energy systems
Final mark = 2/3 Supervised homework mark + 1/3 Homework mark.
Supervised assignment: written on the table just at the end of the course (no exam in January)
Homework mark is taken into account for 1/3 in the final mark.
In case of failure, there is a second session in August-September for the supervised homework, and for the homework (if its mark is <10/20)
Project management
The learning outcome about project management is assessed as follows at the first examination session: one or more tools are set up at the beginning of the project and updated for follow-up sessions; they deal with schedule, quality and resources of the project.
If this outcome is achieved, then the mark is calculated as the average of the assessment of the four other outcomes (assessed through the report, the presentation and the defence); if it is not reached, the mark is equal to zero.
For the second examination session, the outcome about project management is assessed through a written document. The other outcomes and the calculation of the mark are assessed with the method of the first examination session.
Final mark: arithmetic average of both parts
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 adresse)
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
Association of one or more MOOCs
There is no MOOC associated with this course.