ETM 501 Energy, Economy and Politics
Instructors: Murat Kaya and Ahmet Evin
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. Global impact of policies adopted by leading resource producing and consuming countries. Energy security and geopolitics. Case studies on the geopolitical and economic impacts of current political and technological developments.
ETM 513 Fundamental Skills in Energy Studies
Instructor: Umut Ekmekçi
Key technical terms and concepts in energy. Research and reporting methods; research design. Defining research objective and research questions. Qualitative and quantitative research methods. Analysis of data. Giving references and preventing plagiarism. Learning and experiencing methods for knowledge sharing, collaboration and teamwork. Written and oral presentation of research.
ETM 515 Fossil Fuel Technologies
Instructor: Sezgin Aytuna
Oil and gas exploration (conventional and unconventional), seismic imaging, drilling operations, oil characteristics. Oil transportation, refining and oil products. Natural gas chemistry, production and transportation. Unconventional gas resources: Shale gas, tight gas, new drilling and hydro-fracturing techniques. Global oil and gas markets, oil price, crude oil benchmarks. Coal formation, reserves, mining and classification. Coalbed methane (CBM) extraction. Geothermal exploration. Fossil fuels in Turkey: Turkish petroleum and coal industry. Pipelines. Geothermal, shale gas and CBM potential in Turkey. Turkish petroleum/mining and geothermal laws summaries.
- ETM 517 Renewable Energy Systems
Instructor: Ömer Emre Orhan
Technical details about renewable energy (wind, solar, hydro, geothermal, biomass/ bioenergy, storage). Basic renewable energy equations and calculations based on different energy sources. Fundamentals leading to technical comprehension of how these sources are being used. Details about different renewable energy technology equipment.
- ETM 521 Power System Essentials: Historical, Engineering and Emerging Aspects
Instructor: Barış Sanlı
In this course, the basic power system concepts are introduced with historical, engineering and technological perspectives and events that shaped them. From AC-DC wars to first transmission lines and early metering systems, the power system we use today has been deeply molded by the historical developments and technological “path dependence”. More complicated engineering concepts for power system operation will be discussed with case studies based on US and European blackouts. The technologies and their capabilities are the enablers and bottlenecks for the power system operation we have today. The course will be based on case studies to smoothen the understanding of the engineering concepts.
- ETM 502 Environment, Climate Change and Social Cost
Instructor: Ümit Şahin
What is anthropocene and how do the human impact on the planet and ecosystems evolve? Science and policy aspects of environmental problems and climate change; post-normal science; ways of consensus in the scientific community; climate change denial campaigns. Basics of climate science and impacts of climate change. Climate policies, mitigation, risk reduction and adaptation. Carbon budget, low-carbon energy transition and decarbonization of the energy systems. International climate politics. Energy efficiency, renewables and transformation of the energy policies in the wake of global climate change. Air pollution, water scarcity and sustainability of the energy systems.
- ETM 518 Energy and Mobility
Instructor: Tuğçe Yüksel
Fundamentals of the transportation technology. Low-carbon and sustainable transport. Energy and mobility interaction. Environmental effects of transportation. Smart and integrated mobility solutions and their prospective effects in energy use and security. Current and future transportation policies, their economic, societal and environmental interactions.
- ETM 519 Energy System Transition: Towards a More Renewable and Efficient Energy Future
Instructor: Değer Saygın
Seventh Sustainable Development Goal on energy. Energy sector decarbonisation and energy transition. Energy efficiency, renewable energy, modern energy access, low-carbon technologies, system integration. Costs and benefits of energy transition pathways, investment needs and stranded assets. Power sector and end-use sectors. Role of innovation and R&D. Renewable energy and energy efficiency policies.
- ETM 504 Energy Markets
Instructor: Cengiz Güneş
Energy market relations and models. Power markets: participants, operation, load management. Bilateral contracts, day-ahead market, balancing market, ancillary services market. Regional markets, export and import. Financial markets and products. Natural gas market operations, supply markets. Introduction to price forecasting models.
- ETM 508 Finance of Energy Projects
Instructor: Özlem Kıldır
Energy Financing methodologies centered around corporate finance and project finance is the focal point of the course. Up-to-date and international practices of energy financing, based on energy sources, type of projects, energy market structures and financing structures are explained. Risk management, financial structuring, financial product selection and pricing specialized for energy project and market needs are shared. Energy financing cases for both energy production & distribution in conventional & renewable energy from Turkey and abroad are studied, finance models, project risk matrices and project mapping are prepared in case studies. The course provides both profound theoretical knowledge and experience sharing uplifted with case studies and energy finance professionals as guest speakers.
- ETM 506 Energy Regulations and Law
Instructor: Cengiz Güneş
General structure of energy markets, market actors, physical and trade relations. Power market activities, boundaries and obligations. Pre-license and license processes, unlicensed production. Legal framework and investment models for power production. Legal framework and characteristics of transmission and other activities. Legal framework for the power grid and the right to connect. Regulations about renewable power resources. Security of supply and capacity mechanisms. Government subsidies, incentives and their effects on power markets. Privatization: legal framework, regulation and models. International agreements (e.g., TANAP) and regulation. Project financing and regulation. Auditing: Legal framework for sanctions and legal mechanisms. Discussions on current issues, case studies and contract analyses.
- ETM 507 Technology and Innovation Management in Energy Industry
Instructor: Umut Ekmekçi
Basic concepts about technology and innovation management. Definition and types of innovation. Phases of innovation process. New social and technological trends about innovation. Methods for innovation management. System approach in innovation management. National Innovation Systems; Actors, Policies, Institutions, Interactions. Sectoral Innovation Systems and Energy Sector. Corporate Innovation Systems; innovation strategy, project portfolio, innovation processes, corporate culture. Success and failure factors for innovation. Collaborations in innovation processes; pre-competition collaboration, university-industry collaborations. Diffusion and commercialization processes of innovation.
- ETM 509 Project Management in Energy Industry
Instructor: Ahmet Taşpınar
Basic concepts about technology and innovation management. Definition and types of innovation. Phases of innovation process. New social and technological trends about innovation. Methods for innovation management. System approach in innovation management. National innovation systems; actors, policies, institutions, interactions. Sectoral innovation systems and energy sector. Corporate innovation systems; innovation strategy, project portfolio, innovation processes, corporate culture. Success and failure factors for innovation. Collaborations in innovation processes; pre-competition collaboration, university-industry collaborations. Diffusion and commercialization processes of innovation.
- ETM 523 Energy Systems Modeling and Analysis
Instructor: Murat Kaya
Integrated modeling of energy supply, demand, technology and policıes, based on the TIMES Energy System Model of Turkey. Decision analysis in energy industry: Decision trees, sensitivity analysis, risk modeling, simulation models. Multicriteria decision analysis. Forecasting models from energy and power industries.
- ETM 520 Investment and Strategy in Energy Industry
Instructors: Başak Avcı and Bora Şekip Güray
The energy ecosystem. International energy investments, investing firms, current situation and trends. Investment strategies and criteria of firms. Turkey’s strategy for attracting investments and its global competitiveness. Government incentives and support mechanisms.
- ETM 592 Project Course
Students are expected to apply the knowledge and skills they gained in the ETM program courses in a project. The project topic is determined by the student, based on his or her professional and personal interests. The project is conducted under the guidance of a supervisor with expertise on the chosen topic domain, and is expected to be completed by the end of the summer semester.