Students will receive basic insights into the field of energy economics. They will learn about the different markets supplying energy and the different sectors demanding energy. An understanding of the limitations of non-renewable energy sources and the problems of their substitution by renewable energy sources will be gained. The special aspects of grid-based energy markets will be discussed. At the end of the course each student should be able to understand the basic concepts of the different energy markets and the possible contributions of the different energy sources to a
sustainable energy supply
1. Energy Accounting and Analysis
2. Market Theory
3. Economic Principles and Analysis
4. Pricing of Renewable Energy Resources
5. Economic Aspects and Life Cycle Costing Equipment
6. Energy Flows in the
7. Energy Accounting and Audit Framework
8. Overview of Basic Econometric Methods
9. Economic Operation of Power Systems
10. Economics of Power System Reliability
Upon successful completion of this course, students will be able to:
1. Discuss the basic concepts of the different energy markets
2. Analyse energy accounting and market theory
3. Demonstrate the possible contributions of the different energy sources to a sustainable energy supply
4. Apply fundamental economic principles to the pricing of renewable energy resources
5. Discuss economic theories and realities both verbally and in written format
Our 7 faculties and 12 professional schools offer more than 200 programmes to some 18,000 graduate, undergraduate and continuing studies students.
The UWI, Mona ranks first in Jamaica among accredited tertiary-level programmes. In 2012, the University was again one of Jamaica’s Top 100 Employers.
