Module 1: ETM 513 Fundamental Skills in Energy Studies (Weeks 1-7)
Module Coordinators Guest Speakers and Tutors
This module aims to equip Energy Technologies and Management students with fundamental skills in three areas:
- Key technical terms and concepts in energy.
- Scientific research and reporting methods,
- Knowledge sharing, collaboration and teamwork.
Module 2: ETM 501 Energy, Economy and Politics (Weeks 1-7)
Oil, gas, coal, renewable, hydro, nuclear energy and electricity supply chains. Global availability of key energy resources, investment needs, environmental impact, historical use and demand projections. Factors influencing supply, demand and pricing Workings of physical and financial energy markets. Role of state policies In-depth look into oil and gas markets: The global impact of policies adopted by leading producer and consumer countries. Energy security and geopolitics. Case studies on the geopolitical and economic impact of current political and technological developments.
Module 3: ETM 511 Energy Systems and Technologies (Weeks 8-14)
Module Coordinators Guest Speakers and Tutors
The fundamentals of energy; energy types and conversion. Global energy consumption and environmental impact. Use and depletion of fossil fuels; oil, gas coal technologies. Nuclear energy systems, safety and waste management. Power plants, the electrical energy sector. Renewable energy systems: biomass, geothermal, solar, wind, hydropower. Energy storage, batteries and fuel cells. Use of energy in transportation.
- Module 4: ETM 507 Technology and Innovation Management in Energy (Weeks 8-14)
Guest Speakers and Tutors Guest Speakers and Tutors
Technology and innovation management; general framework and 3 dimensional approach. Basic concepts about technology and innovation management. Definition and types of innovation. Phases of innovation process. Strategic management approach. Macro environment analysis. Sectoral analysis. Firm capabilities analysis. Competition strategies and innovation. Technology and innovation strategy and its harmony with firm strategy. Vision, strategy and action plan. Assessment and selection of R&D projects. Development and planning the R&D portfolio and management of R&D processes. Technology forecasting; tools and methods. System approach in innovation management; Innovation culture and organizational transformation. Success and failure factors for innovation. Intellectual property right; patent, utility model, their types and application processes. Collaborations in innovation; pre-competition collaborartion, university-industry collaborations. Finance of innovation. Diffusion and commercialization processes of R&D results.
- Module 5: ETM 506 Energy Regulations and Law (Weeks 1-7)
The objective of the module is to discuss the legal and regulatory foundations of reform in energy markets, particularly electricity. The module consists of the following subjects: i) New energy law, regulations and post-privatization legal issues; ii) Market challenges, regulation, liberalization and competition; iii) Turkey and the EU; fundamentals of reform in Turkish electricity markets.
Module 6: ETM 504 Energy Markets (Weeks 1-7)
Modül Koordinatörleri Guest Speakers and Tutors
Overview and Setting Common Goals: Electricity Focused Global Renewable Energy Markets. Understanding: Fundamentals of Renewable Energy: Hydro, Solar, Geothermal, Wind and Biogas; Dynamics and Segmentation Structure of the Turkish Energy Market; Purchase Guarantees and Incentives. Investment: Investment Planning, Creating Production Capacity Portfolios, Selecting and Developing Projects, Load and Price Forecasts for Feasibility, Environmental Impact Assessment, Carbon Certificates. Project Financing: Licensing, Power Systems, Field Development, Overview of Grid Connection Processes and Legal Framework. RealWorld Plant Operation (Group Visits to Power Plants). Making Money: Spot Electricity Markets (Balancing and Reconciliation Center and Energy Exchanges), Electricity Wholesale and Retail Markets in Turkey. Future Readiness: Key Trends, Business Opportunities and Challenges, Future Scenario Planning.
Elective Courses(Spring Semester - students will take 2 out of 3)
- ETM 508 Finance of Energy Projects
The course provides an in-depth view into three aspects of energy financing: pricing, asset valuation and risk management. The course positions energy markets relative to global markets, and develops energy derivative price modeling and forecasting skills for energy markets, hedging and risk management. The course also discusses valuation and includes case studies for alternative financing mechanisms for financing energy projects.
- ETM 509 Project Management in Energy
This module covers project life cycle and processes, project selection, project financing, project definition, project planning and scheduling, project execution and control, risk and resource planning, managing change through projects, managing Research and Development (R&D) projects, managing new product development (NPD) projects, commercialization of R&D and NPD projects, leadership and organization for project management.
- ETM 510 Special Topics in Energy Studies
This is a series of seminars by industry experts and executives on subjects including energy efficiency, energy storage systems, use of nanotechnology and Graphene in energy, new technologies and areas of innovation in energy, forecasts and scenarios for the future of the industry, consumption and demand estimation models, electric vehicles, stakeholder communication and management, risk management, and security.
- ETM 514 Entrepreneurship and International Business Development in Energy
This module has two sections; (1) Entrepreneurship and (2) International Business Development in Energy. Both sections are planned as 21 lecture hours. Entrepreneurship section covers the concepts of entreperenurship, intrapreneurship, SMEs, creative thinking skills and idea generation, types and methods for feasibility analysis, business model generation, business plan writing, team building, creating an entrepreneurial culture in the organizations. International Business Development in Energy section covers, understanding the dynamics and characteristics of major international markets in energy sector; Middle East, Middle Asia, Africa, Central Europe, Eastern Europe, Scandinavian countries, US and Canada. The phases of business development in international energy markets.
- ETM 515 Advanced Topics in Traditional Energy Systems
Advanced topics in fossil energy sources; petroleum, coal and natural gas. Engineering perspective about petroleum processing in refineries. Coal chemistry, conversion and combustion. Low rank coal and co-combustion systems. Clean coal – environmental and economic aspects. Natural gas and liquid separation, Liquefied Petroleum Gas (LPG). Compressed Petroleum Gas (CNG); Advantages and Obstacles. Horizontal Drilling and Shale Gas Technology.
- ETM 516 International Political Economy of Energy Security
Energy has long been a major factor in the formulation of countries foreign policies and in shaping international politics and security. From International Political Economy (IPE) perspective, this course focuses on the intersection between national and international security, foreign policy and energy security; exploring not only how countries shape their grand strategies to meet their energy needs, but also how such actions have implications for other countries and the international system as a whole. It also takes into account new technologies (such as those making the extraction of shale gas and tight oil economical) and the structural changes (such as the climate change) and how they -and will continue to- cause a “paradigm shift”.
- ETM 517 Advanced Topics in Renevable Energy Systems
Under this module, renewable energy technologies such as " wind " " solar" " hydro", " geothermal ", " biomass", "nuclear " energy technologies and energy storage technologies will be discussed . Issue to be examined under the headings are as follows: Theoretical and practical efficiency of thermo-photovoltaic cells, organic PV technology, measurement of solar potential, calculation of solar power plant efficiency, economic and technical feasibility analysis, system design alternatives (off grid, on-grid). Wind energy and assessment, vertical and horizontal turbines, small and large scale systems, safety and reliability, wind turbine siting, system design and integration, measurement, control systems, design and performance of wind turbines, economics and cost analysis. Geothermal energy in the world, use of geothermal energy in Turkey, geothermal energy capacity and potential of Turkey, direct use and power generation, origin of geothermal energy and types of geothermal systems, assessment of geothermal systems/reservoirs, production and reservoir engineering concepts, wellbore fluid and heat flow, reservoir modeling, reinjection, cost analysis, technical feasibility. Nuclear reactor and classifications, physical and engineering principles of nuclear reactors, power plants, reactor design, reactor parameters, basic plant components, safety concerns and measures. General principles of energy storage, electrochemical storage, capacitive storage, future of storage systems, cost analysis. Basic terms and principles in hydroelectric technologies. Classification of hydroelectric plants and their principles of work. Storage systems, their principles of work. Types of turbines, Cost and benefit analysis. Anaerobic biochemical treatment processes for organic wastes. Bioenergy recovery potentials of different organic waste streams.
- ETM 523 Decision Making
Company managers and technical personnel need to make countless decisions every day. Energy companies are no exception. Oftentimes, these decisions are concomitant, include a degree of randomness, have conflicting criteria, and are made by multiple decision makers. Therefore, the skills to model complex decision issues frequently faced by energy companies, and the competency to use tools that will solve these issues effectively are important acquisitions. The course will discuss details of various energy issues and tools that may be used to solve them. These tools include: Decision Modeling Tools (Decision Trees / Impact Diagrams / Sensitivity Tests), Randomness Modeling (Bayes Theory / Value of New Knowledge / Monte Carlo Simulation), Benefit Modeling (Risks and Choices / Benefit Theory
(Summer Term; 8-14. Weeks)
Students are expected to apply the knowledge they have gained in the 10 modules in a project designed with a scientific approach and under the supervision of a project implementer assigned to them. The subject of such projects may be determined among the research subjects chosen by the employers of the students, or their own areas of interest. The purpose of the project is to improve the competence of students in applying what they have learned.
Elective Courses(Summer Semester - students will take 2 out of 3)