MySchool

Department of Engineering
Dean:	Dr. Ármann Gylfason
Email:	ru@ru.is
Website:	http://www.ru.is/tvd
Teachers	View

MSc in Sustainable Energy Science - Iceland School of Energy
Semesters:	4
Years:	2
ETCS:	120
About major	MSc í orkuvísindum er nám hannað fyrir nemendur með ólíkan bakgrunn, t.d. viðskiptafræði, raunvísindi eða félagsvísindi sem hafa áhuga á að skilja samspil tækni, hagfræði og stefnumótunar á sviði endurnýjanlegrar orku.
Learning Outcomes	View

Legend
	Mandatory course on major		Teaching language
	Optional course on major		Prerequisites for course

Vorönn/Spring 2024

Energy Study Trip

ISE-04

ECTS 3

Environmental Law

L-808-UMHR

ECTS 7,5

Power Plant Design

SE-815-PPE

ECTS 6

Geothermal Science I

SE-829-GS1

ECTS 5

Geothermal Science II

SE-829-GS2

ECTS 5

Energy Financial Assessment

SE-833-FA2

ECTS 6

Economics of Energy Markets

SE-834-EM2

ECTS 6

Hydro Power Management

SE-834-HPM

ECTS 6

Project Management and Strategic Planning

T-803-VERK

ECTS 8

Creating a Complete Business Plan for a Technical Idea - Entrepreneurship and the Innovation Process

T-814-INNO

ECTS 8

Finite Element Analysis in Engineering

T-844-FEMM

ECTS 8

Wind Power

T-863-WIND

ECTS 8

Power System Operation

T-867-POSY

ECTS 8

Stability and Control in Electric Power Systems

T-867-STAB

ECTS 8

MSc Thesis

T-900-MEIS

ECTS 30

MSc thesis II

T-901-MEI2

ECTS 30

Exchange Studies

X-699-EXCH

ECTS 30

Sumar/Summer 2024

Energy Field School

SE-801-ES1

ECTS 6

Exchange Studies

X-699-EXCH

ECTS 30

Haustönn/Fall 2024

Special Topics in Energy I

SE-801-STE

ECTS 1

Energy Technology

SE-802-ET1

ECTS 6

Energy Geology

SE-803-GE1

ECTS 3

Energy Economics

SE-805-EC1

ECTS 6

Special Topics in Energy III

SE-806-STE

ECTS 6

Geothermal Conceptual Modeling

SE-814-GCM

ECTS 3

Energy Markets and Regulations

SE-850-EMR

ECTS 3

Year

1. year

Semester

Fall 2024

Level of course

N/A

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

No lecturer found.

Content

This course offers a comprehensive introduction to the dynamics of modern energy markets, focusing on policy and market regulation primarily within the United States and Canada. It aims to equip students with an understanding of electricity pricing, market oversight, and the influence of liquid and gas fuel markets on the energy industry. Led by Professor Moore, with contributions from guest lecturers from industry and public regulatory institutions, students will engage in a course that blends theoretical knowledge with real-world insights.

Learning outcome - Objectives

Upon completing the course, students will be able to: •Understand the structure and dynamics of modern energy markets in North America. •Gain insights into electricity pricing mechanisms and market regulation. •Explore the role of liquid and gas fuel markets in the broader energy sector. •Analyse the impact of regulatory policies on finance, investment, technology, consumer behaviour, and market changes. •Compare and contrast different regulatory models and the economic tools used for their implementation. •Critically assess the roles of key actors within the energy market and regulatory organizations.

Course assessment

•In-class participation to encourage active learning and engagement with course material. •Two in-class quizzes designed to test students´ understanding of key concepts. •A short essay assignment to explore a specific aspect of energy markets and policy. •A final examination to assess comprehensive knowledge and application of course content.

Reading material

No reading material found.

Teaching and learning activities

No activities found.

Language of instruction

English

Managing Research and Development - Methods and Models

T-814-PROD

ECTS 8

Numerical fluid flow and heat transfer

T-864-NUFF

ECTS 8