Development of Renewable Energy Systems (Grid & Non Grid)
Program : Energy Policy, Regulation and Management (EPRM)
Degree : MSc/MEng
Course Code : ACE 666
Course Name : Development of Renewable Energy Systems (Grid & Non Grid)
Course Category : Compulsory Core Courses
Semester : Second Semester
Credit Hours : 3
Overview of regulatory, legal and contractual aspects of renewable projects. It also provides understanding of the economics of renewable energy projects, finance market conditions, project calculations scenarios, input parameters, comparative calculations and finance schemes. Financing is an important aspect of the course as initial investment is often the main barrier for renewable energy systems. The course will help students understand the important non-technical aspects for the successful implementation of RE projects, providing information on how to successfully implement RES in areas with no grid connection. Regarding social aspects, it gives
measures to ensure public acceptance, which is important to guarantee useful application of renewable energy and proper O&M.