Course detail
Economy and Ecology of Power Engineering
FEKT-BPC-EEEAcad. year: 2022/2023
The course informs about the basic theory of the environment and the ecology and the economy basics in the power engineering. The power engineering is closely related to the economy and the environment. In all power engineering-related areas, environmental and economic aspects can be identified. In connection with power engineering it identifies the main problems of the environment and presents methods and means of environmental protection and also shows corresponding laws etc. The course presents the basics of financial mathematic and the issues of the costs and the evaluation of the effectiveness of investments and others, which are the basis for understanding the connections between economy, ecology and power engineering.
Due to the innovation of curriculum, this subject was formed from previously separate - seemingly unrelated - subjects. For these historical reasons, the subject is partially taught as two separate issues, but there are efforts applied to interconnect individual chapters of both subjects.
In this course, the focus is on mastering the basics of financial mathematics that are fundamental for all other economic-energy calculations. Knowledge of issues such as interest rates, discounting and time value of money is crucial for understanding as well as successful completion of economic subjects in the master studies. Similarly, it is important to learn the basic rules and principles of ecological thinking and connections between ecology and power engineering.
In this course, emphasis is placed on both the numerical exercises in which students learn various methods of financial techno-environmental calculations, and the exercises and computer laboratories where the series of practical exercises and case studies, contributing to a better understanding of the topic, are solved.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Learning outcomes of the course unit
- What kinds of costs are known and what are the specifics of power engineering costs?
- What kinds of air protection techniques exist?
- What kinds of water protection techniques exist?
- What kinds of waste management systems exist?
- What effects can have ionizing and non-ionizing radiation on the environment?
- What are the basic components of a solid fuel?
- What pollutants come from burning coal?
- What are the causes of noise in power stations and what are the limits of noise?
- How do we define emissions, air pollution and what are their units?
- What is the interest, discount, supplier?
- What is the present value of money?
- What are the methods of evaluating the effectiveness of investments?
- What are depreciations and what is the amortization principle?
- What is the cash flow and what is the cash flow within the company?
- What is the cost allocation and what is the specificity of energy costs?
- Can the energy industry be considered as a specific project evaluation?
- What are mutual funds?
- What types of loans are available?
- What types of companies can be set up?
- How can energy projects be evaluated?
- What does an effective interest rate mean?
- etc.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
- Completion of numerical practicum, laboratory and computer exercises and tests - 30 points
- Written and oral exam: 70 points
Course curriculum
1) Basic environmental theory and elementary terminology. Ecology elementary notions. Ecosystem and its functions. The influence of the power engineering on the environment and the possibilities of the adverse influences elimination.
2) Air protection. Air pollution. Air protection techniques in power engineering - the present state and development. Current problems. Legislature.
3) Water protection. Elementary notions and contexts. Water protection techniques in power engineering - the present state and development. Current problems. Legislature.
4) Waste management. The present state and development of waste management. Waste management systems in power engineering - the present state and development. Current problems. Legislature.
5) Ionizing and non-ionizing radiation, noise and vibration in power engineering and their effects on the environment. Waste from thermal and nuclear power plants and heating plants.
6) Fundamentals of economics, basic concepts and definitions.
7) The terms of macro- and microeconomics.
8) Starting a business and types (joint stock, limited liability companies, etc.).
9) Fundamentals of the tax system (Laffer curve).
10) Investment decision making, evaluation of investment efficiency.
11) Savings and credit policy.
In the numerical practicum, laboratory and computer exercises the mentioned problematic is solved in the specific examples.
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
MACHÁČEK, Jan, PTÁČEK, Michal. Ekonomika a ekologie v elektroenergetice. Brno, Česká republika: Vysoké učení technické v Brně, 2015. s. 1-197. (CS)
MATOUŠEK, Antonín. Ekologie v elektroenergetice. Vyd. 1. Brno: Zdeněk Novotný, 2004. 94 s. ISBN 80-214-2538-5.
Quarq,M.:Ochrana životního prostředí,SNTL Praha
Říha,J.:Úvod do teorie životního prostředí,SNTL Praha
SMÉKALOVÁ, Darina. Finanční a pojistná matematika : pro střední školy s ekonomickým zaměřením. Sazba: Montanex, a.s., Tisk, Tiskárna Tichý , Ostrava - Vítkovice, Obálka: Miloš Kardoš. 1 : Montanex a.s. Výstavní 10, 730 40 Ostrava, 1995. 167 s. ISBN 80-85780-39-9.
Recommended reading
VASTL, Jaromír, POVÝŠIL, Roman, NAVRÁTIL, Petr. Řízení výrobních systémů : Sbírka úloh. 2. vyd. Praha : Ediční středisko ČVUT, Praha 6, Zikov 4, 1990. 237 s. ISBN 80-01-00227-6.
Elearning
Classification of course in study plans
- Programme BPC-SEE Bachelor's 3 year of study, winter semester, compulsory
Type of course unit
Fundamentals seminar
Teacher / Lecturer
Exercise in computer lab
Teacher / Lecturer
Laboratory exercise
Teacher / Lecturer
Elearning