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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2011/2012

Economomy of Power and Industry

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Code Completion Credits Range Language
X16EKE KZ 4 2+2s Czech
Lecturer:
Jiří Vašíček (gar.), Jaromír Vastl
Tutor:
Jiří Vašíček (gar.), Marek Adamec, Milan Kloubec, Tomáš Králík, Pavel Pavlátka
Supervisor:
Department of Economics, Management and Humanities
Synopsis:

Fundamentals of financing of power companies. Cost structure of power generation and distribution. Prices and tariff systems for power, heat and gas production and distribution. Examples of economic evaluation and investment appraisal of the typical project in power sector. Renewable energy sources, externalities. Energy policy and energy law in CR. Liberalization and power market development.

Requirements:

XE16EPD

Syllabus of lectures:

1. Types of business enterprise at power sector.

2. Revenues, costs, profit.

3. Accounting statements - balance sheet, profit and loss account, cash flow.

4. Methods and sources of finance in power sector.

5. Criterion of evaluation of investment at the power systems.

6. Prices and cost at the power systems, tariff systems.

7. Cost of productions of electrical energy, marginals costs.

8. Cost of transmission and distribution of electrical energy.

9. Economic evaluation of energy saving and renewable energy sources.

10. Models of power systems, regulation of power sector.

11. Energy policy in Czech republic, and the economical consequentions.

12. Optimization of development of recent power systems.

13. Problems of electricity market.

14. Reserves

Syllabus of tutorials:

1. Business enterprises at power sector at the Czech republic.

2. Cost structure at power systems, accounting at power systems - examples.

3. Balance sheet and profit and loss account, cash flow statement.

4. Financing sources for power sector and their evaluation.

5. Evaluation techniques of investments.

6. Evaluation of investment at the power systems - examples.

7. Marginal cost of different power stations.

8. Costs of distribution of electrical energy.

9. Economical evaluation of energy saving equipments, energy auditing.

10. Renewable energy sources - economic evaluation.

11. Test

12. Economical evaluation of cogeneration.

13. Financial analysis of power companies.

14. Assessment

Study Objective:
Study materials:

1. ?arsch, W.D.: Economic of Electric Utility Power Generation, Clarendon Press, NY 1980

Note:
Time-table for winter semester 2011/2012:
06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon
Tue
Fri
roomT2:C3-337
Vastl J.
Vašíček J.

11:00–12:30
(lecture parallel1)
Dejvice
Posluchárna
Thu
Fri
Time-table for summer semester 2011/2012:
Time-table is not available yet
The course is a part of the following study plans:
Generated on 2012-7-9
For updated information see http://bilakniha.cvut.cz/en/predmet11600504.html