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Terminated in academic year 2012/2013

Economics and Management in Electrical Power Engineering

Type of study Bachelor
Language of instruction Czech
Code 410-2309/01
Abbreviation EME
Course title Economics and Management in Electrical Power Engineering
Credits 6
Coordinating department Department of Electrical Power Engineering
Course coordinator doc. Dr. Ing. Zdeněk Medvec

Subject syllabus

Syllabus of lectures:
Compound interest, coefficients, quantity, production and transport costs, updated costs
Specific cost, loss of energy, loss of power, pricing of losses
Economical electric loading of conductors, economical electric loading of transformers
Power loss and active losses, essential influence on transfer
Economic and technical appraisal of power transmission line
Evaluative economic criterions of market economy
Economic appraisal investments in power engineering
Economic appraisal investments wickedly criterion NPV
Energy policy of Czech republic, organization structure of power engineering
Power engineering legislation, energy market, liberalization of market

Syllabus of numeric exercises:
Compound interest, coefficients, quantity
Specific cost, loss of energy, loss of power, pricing of losses
Economical electric loading of conductors, economical electric loading of transformers
Economic efficiency, updated costs
Economic appraisal investments wickedly criterion NPV, input data, solution alternative
Economic appraisal investments wickedly criterion NPV, calculation of investment costs
Economic appraisal investments wickedly criterion NPV, calculation of NPV
Economical electric loading of conductors, economical electric loading of transformers, reactive current compensation
Quality and reliability of electricity supply, economic connections
Credit exercise

Project:
Economic appraisal investments wickedly criterion NPV

Literature

1. Samuelson, P. A., Nordhaus, W. D.: Economics. New York. McGraw-Hill 2005.
2. Cole, G. A.: Management - theory and practice. 3. ed. London. DP Publications, 1990.

Advised literature

1. Jobber, D., Lancaster, G.: Selling and Sales Management. 4th ed. PITMAN PUBLISHING 1997.
2. Marsch, W.D.: Economics of Electric Utility Power Generation. Clarendon press, New York 1980.