Study programme 2023-2024Français
Energy Economics
Programme component of Master's in Computer Engineering and Management (MONS) (day schedule) à la Faculty of Engineering

CodeTypeHead of UE Department’s
contact details
Teacher(s)
UI-M2-IRIGIG-620-MCompulsory UEDE GREVE ZacharieF101 - Génie Electrique
  • DE GREVE Zacharie
  • VALLEE François

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais201600033.001st term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
I-GELE-201Energy Economics2016000Q1100.00%

Programme component

Objectives of Programme's Learning Outcomes

  • Imagine, design, develop, and implement conceptual models and computer solutions to address complex problems including decision-making, optimisation, management and production as part of a business innovation approach by integrating changing needs, contexts and issues (technical, economic, societal, ethical and environmental).
    • Identify complex problems to be solved and develop the specifications with the client by integrating needs, contexts and issues (technical, economic, societal, ethical and environmental).
  • Mobilise a structured set of scientific knowledge and skills and specialised techniques in order to carry out computer and management engineering missions, using their expertise and adaptability.
    • Master and appropriately mobilise knowledge, models, methods and techniques specific to computer management engineering.
    • Analyse and model an innovative IT solution or a business strategy by critically selecting theories and methodological approaches (modelling, optimisation, algorithms, calculations), and taking into account multidisciplinary aspects.
  • Communicate and exchange information in a structured way - orally, graphically and in writing, in French and in one or more other languages - scientifically, culturally, technically and interpersonally, by adapting to the intended purpose and the relevant public.
    • Argue to and persuade customers, teachers and boards, both orally and in writing.
  • Adopt a professional and responsible approach, showing an open and critical mind in an independent professional development process.
    • Show an open and critical mind by bringing to light technical and non-technical issues of analysed problems and proposed solutions.

Learning Outcomes of UE

Devenir un professionel conscient des enjeux liés à la libéralisation du secteur énergétique
 

UE Content: description and pedagogical relevance

Chap. 1: Energy and society (evolution of the energy consumption and its main drivers)
Chap. 2: Basic notions of micro-economy (offer/demand modeling, notion of market equilibrium, theory of the firm, market imperfections)
Chap. 3: Peculiarities of wholesale energy markets (energy markets general charcteristics, the rent phenomenon, notions of regulation)
Chap. 4: Focus on European electricity markets
Chap. 5: Externalities in energy markets (definitions, mechanisms to internalize externalities, example in the energy sector:green certificates in Wallonia)
Chap. 6: The retail sector. Focus on electricity (electricity bill, emerging mechanisms such as Renewable Energy Communities)
Chap 7: Investment in Energy assets (LCOE, NPV, etc. )
Chap 8: seminars by industrial stakeholders. Upon availabilities: Belgian Transmission System Operator for electricity - ELIA , Belgian Federal regulator - CREG, Waloon Distribution System Operator for electricity and Gaz - ORES, Belgian Transmission System Operator for Gaz - FLUXYS)

Prior Experience

Not applicable

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
I-GELE-201
  • Cours magistraux
  • Séminaires

Mode of delivery

AAMode of delivery
I-GELE-201
  • Face-to-face

Required Learning Resources/Tools

AARequired Learning Resources/Tools
I-GELE-201Course slides

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
I-GELE-201Not applicable

Other Recommended Reading

AAOther Recommended Reading
I-GELE-201Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
I-GELE-201Unauthorized

Term 1 Assessment - type

AAType(s) and mode(s) of Q1 assessment
I-GELE-201
  • Oral examination - Face-to-face

Term 1 Assessment - comments

AATerm 1 Assessment - comments
I-GELE-201NA

Resit Assessment - Term 1 (B1BA1) - type

AAType(s) and mode(s) of Q1 resit assessment (BAB1)
I-GELE-201
  • Oral examination - Face-to-face

Term 3 Assessment - type

AAType(s) and mode(s) of Q3 assessment
I-GELE-201
  • Oral examination - Face-to-face

Term 3 Assessment - comments

AATerm 3 Assessment - comments
I-GELE-201NA
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de dernière mise à jour de la fiche ECTS par l'enseignant : 15/05/2023
Date de dernière génération automatique de la page : 27/04/2024
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be