Stud.IP Uni Oldenburg
University of Oldenburg
27.09.2023 07:01:54
pre334 - Economics, Policy and Environment (Complete module description)
Original version English PDF Download
Module label Economics, Policy and Environment
Modulkürzel pre334
Credit points 4.5 KP
Workload 135 h
Institute directory Institute of Physics
Verwendbarkeit des Moduls
  • Master's Programme European Master in Renewable Energy (EUREC) (Master) > Mastermodule
Zuständige Personen
Skills to be acquired in this module
At the completion of this module, the student will:
- be familiar with the basic economic analysis of ocean energy systems including the cost, financing and economic evaluation
- acquire basic knowledge on the general policy issues regarding ocean energy systems and more detailed knowledge on the licensing and permitting procedures for installation of OE systems and enabling mechanisms as funding, feed-in tariffs and tax incentives
- be able to perform simple environmental impact studies for OE systems.
Module contents
- Marine spatial planning, concession regimes of marine areas; consenting and licensing of marine farms; feed-in tariffs, green certificates, tax incentives and other financial support mechanics.
- Economic analysis of a marine farm: present and future cost of energy (LCOE, externalities) - the role of offshore energy; characterization of offshore renewable costs (CAPEX and OPEX); project financing: principles (equity, debt ratio), parameters (discount rate, return period, NPV, IRR), tools (Retscreen, etc.) and risk assessment.
- Environmental and socio economic impact assessment and monitoring: EIA objectives, process and requirements; public consultation and conflict of uses management; environmental monitoring; life-cycle assessment.
Paillard, M., Lacroix, D., Lamblin, V.: Marine Energy Renewables – Prospective Foresight Study for 2030, Éditions Quae, 2009, ISBN 9782759201839.
Mendonça, M.: Feed-In Tariffs – Accelerating the Deployment of Renewable Energy, Earthscan, 2007, ISBN 9781844077885.
Soares, I., Moreira J., Pinho, C. e Couto J.: Análise Financeira de Projectos, Edições Sílabo, 2007, Portugal.
EWEA: Economics of wind Energy,
IEA: Projected Costs of Generating Electricity. 2010.
Carbon Trust: Accelerating marine energy, 2011.
Ernst & Young and DECC (UK): Cost of and financial support for offshore wind, 2009.
Language of instruction English
Duration (semesters) 1 Semester
Module frequency jährlich
Module capacity unlimited
Modullevel / module level
Modulart / typ of module
Lehr-/Lernform / Teaching/Learning method
Vorkenntnisse / Previous knowledge
Examination Prüfungszeiten Type of examination
Final exam of module
Exam: end of lecture period (early June);
Report: deadline end of May
Written exam (60%): 2.5 hours
Written report (40%): essay on a chosen topic, 15-20 pages
Form of instruction Seminar
Workload Präsenzzeit 0 h