Future Energy Systems and Economic Development Program | Alison
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Economic Development and Future Energy Systems

Learn how energy system training helps in overall energy point of view and the renewable investment trend for projects.

Environmental Studies
Free Course
This economic development training course will present you with the main calculations for energy project financing, along with the input/output analysis and its application on energy systems. You will also learn about methods of pollution reduction, and the investments in the energy industry as well as in pollution. Finally, you will be presented with the energy return on investment and the future of energy systems.
  • Duration

    5-6 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This future energy systems and economic development training program introduces you to economic development with regard to energy systems and the future energy systems available to us. The world relies heavily on fossil fuels as we know but what are the opportunities available to us and to major economies to change this? There are many options to move from a fossil dependent energy system to a renewable and environmentally friendly energy system. The course will look at the options out there and how they could contribute to the economic development of different countries.

You will be introduced to the main calculations necessary, and energy project financing which will include: resource and non-resource, debt versus equity, interest rates, and risks and return. You will learn step by step how to calculate the financial aid needed for an energy project, including a look at how much debt and equity it should take and how to configure it with the necessary calculations.

In addition to this, you will also learn the input/output analysis and its application to energy systems, alongside the overall impact at a larger scale, such as at the societal, city, regional, or country level. The impacts of the energy sector on the rest of the economy will be explored along with the possibilities of trying to reduce pollution and the investments in the industry. You will be taught the input-output analysis and you will be able to show how it can be used for the energy sector. You will learn the lifecycle of greenhouse gas and the impacts of a coal-based power plant. Finally, you will learn the future of the energy system in terms of the energy transitions, the challenges, the impacts on the economy and on the job market.

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Learning Outcomes

After completing this module, you will be able to:


  • Explain the fundamentals of the Coase theorem.
  • Analyze externalities and their relationship with property rights. 
  • Describes the energy financing of the project and how to obtain the investment necessary to implement a large energy project.
  • Describe the trend of renewable investment for projects.
  • Calculate the amount of debt and equity we should take.
  • Discuss Leontief's input/output analysis and its application to power systems.
  • Explain the life cycle analysis.
  • Analyze the impacts of the energy sector on the rest of the economy.
  • Describe the intensity of emissions and their link to GDP per capita.
  • Describes the energy return on investment.
  • Compare net energy and life cycle with the conventional economic analysis.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.

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