Subject description - BD1M16EKE1

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BD1M16EKE1 Economy of Power Industry
Roles:P Extent of teaching:14KP+6KC
Department:13116 Language of teaching:CS
Guarantors:Králík T., Starý O. Completion:Z,ZK
Lecturers:Králík T., Starý O., Vašíček J. Credits:5
Tutors:Králík T., Starý O., Vašíček J. Semester:L

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Fundamentals of financing of power companies. Cost structure of power generation and distribution. Prices and tariff systems for power, heat and gas production and distribution. Examples of economic evaluation and investment appraisal of the typical project in power sector. Renewable energy sources, externalities. Energy policy and energy law in CR. Liberalization and power market development.

Course outlines:

1. Types of business enterprise at power sector in CR.
2. Revenues, costs, profit.
3. Accounting statements - balance sheet, profit and loss account, cash flow.
4. Criterion of evaluation of investment at the power systems.
5. Cost of productions of electrical energy, marginal costs.
6. Cost of transmission and distribution of electrical energy.
7. Economic evaluation of energy saving and heating.
8. Regulation of power sector, methods price regulation
9. Prices and cost at the power systems, tariff systems.
10. Problems of electricity market, producer and customer.
11. Ecology and Power industry, Renewable energy sousrces
12. Heats, structure of industry, costing and pricing
13. Energy policy in Czech republic, and the economical consequences.
14. Reserve

Exercises outline:

1. Business enterprises at power sector at the Czech Republic.
2. Cost structure at power systems, accounting at power systems - examples.
3. Balance sheet and profit and loss account, cash flow statement.
4. Financing sources for power sector and their evaluation.
5. Evaluation techniques of investments.
6. Evaluation of investment at the power systems - examples.
7. Marginal cost of different power stations.
8. Costs of distribution of electrical energy.
9. Economical evaluation of energy saving equipments, energy auditing.
10. Renewable energy sources - economic evaluation.
11. Test
12. Economical evaluation of cogeneration.
13. Financial analysis of power companies.
14. Assessment


1. Ferdinand E.Banks.:Energy Economics: A Modern Introduction, Kluwer Academic, Publishers, 2007
2. Sioshansi, F.P.: Competitive Electricity Markets: Design, Implementation, Performance. Elsevier Ltd., 2008.
3. Beggs, C., Energy: Management, Supply and Conservation, Taylor & Francis, 2012
4. Projected Costs of Generating Electricity, IEA, 2010, ISBN 978-92-64-08430-8


Subject is included into these academic programs:

Program Branch Role Recommended semester
MKEEM2_2018 Electrical Power Engineering P 2
MKEEM1_2018 Electrical Drives P 2
MKEEM4_2018 Management of Power Engineering and Electrical Engineering P 2
MKEEM3_2018 Technological Systems P 2

Page updated 15.7.2024 17:51:15, semester: L/2023-4, Z/2024-5, Z/2023-4, Send comments about the content to the Administrators of the Academic Programs Proposal and Realization: I. Halaška (K336), J. Novák (K336)