Wind Project Management and Finance
Syllabus, Master's level, 1GV157
- Code
- 1GV157
- Education cycle
- Second cycle
- Main field(s) of study and in-depth level
- Wind Power Project Management A1F
- Grading system
- Fail (U), Pass (3), Pass with credit (4), Pass with distinction (5)
- Finalised by
- The Faculty Board of Science and Technology, 15 November 2018
- Responsible department
- Department of Earth Sciences
Entry requirements
Wind Power Development and Management, 15 credits, Planning for Wind Energy, 5 credits, Wind Resource Assessment, 5 credits, Wind Power Grid Integration, 5 credits, Wind Turbine Technology, 5 credits, Project Course: Feasibility Study of a Wind Power Project, 10 credits, Scientific Methods in Wind Power Project Management, 10 credits, Trends in the Wind Industry, 5 credits
Learning outcomes
After having completed this course students will be able to:
- identify and suggest solutions for problems and risks within project plans and schedules
- perform and evaluate detailed analyses of costs and financing for a project’s entire lifetime
- explain which commercial and legal contracts as well as the financial documents that are needed for the construction and operation of wind power projects
- identify and recommend key contractual features and arrangements for a project over its lifetime
- evaluate the value of wind power within the energy system
Content
The course includes work with scheduling and planning of wind power projects. How to account for potential issues and provide solutions for both common and unexpected events within this scheduling will be introduced. The course will also describe how to develop a cost and a financing framework for a wind project’s different phases, from concept to decommissioning. Included in this framework the key financial documents as well as contracts required at the different phases will be identified and evaluated. Additionally the overall role of wind power in the energy system will be evaluated.
Instruction
Lectures, seminars, group and field work.
Assessment
Written hand-in assignments and active participation in seminars 3 credits.
Written and oral presentation of project work 2 credits.