LEARNING OUTCOMES

The aim of the course is to propose a general understanding of:

• Basic concepts on energy conversion.
• The main renewables source.
• The dynamic of energy consumption.
• Fundamentals of investments in energy projects.

AIMS AND LEARNING OUTCOMES

On the successful completion of the course the student will be able to:

Apply the basic laws of thermodynamics

Describe the fundamental principles of energy conversion

Understand the introductory concepts related to renewable energy

Develop methodologies for the techno-economic analysis of thermal and energy systems

PREREQUISITES

Knowledge and understanding of the main indexes for investment valuations (i.e., NPV, IRR, PBP)

TEACHING METHODS

The main teaching methods will be frontal lectures and practical sessions including the utilization of PC with particular reference to MS- Excel. Frontal lectures will serve for introducing the topics and illustrate the main theoretical concepts useful for understanding the subject. Practical sessions will serve to illustrate, develop, and discuss real, multidisciplinary case studies.

SYLLABUS/CONTENT

The course is articulated in the following four macro-areas:

1. Basic principles of energy conversion (20 hours): I and II law of thermodynamics, concept of efficiency, Carnot cycle, examples of direct cycles, examples of inverse cycles and COP definition;
2. Renewables (10 hours): solar thermal and photovoltaic systems, thermodynamic solar systems, wind energy, geothermal energy, hydro energy, hydrogen energy, biomass energy;
3. Valuation of energy project (20 hours): estimation of the energy generation, CAPEX estimation through cost functions, LCOE, development of an energy project and calculation of its profitability;
4. Analysis of energy consumption and long term energy demand scenarios (10 hours): indexes for analysing energy consumption, weather adjustment of data, variables influencing energy consumption, basic concepts for scenario analysis.

RECOMMENDED READING/BIBLIOGRAPHY

Teaching aids provided by the lecturers

V. Bianco - Analysis of Energy Systems. Management, Planning, and Policy. CRC Press