Entry requirements

45 credits in wind power project management including Wind Power Energy Calculations, 7.5 credits, Wind Power Planning and Permission, 7.5 credits, and Wind Power Installation, Operations and Maintenance, 7.5 credits.

Learning outcomes

On completion of the course, the student should be able to:

• identify and evaluate a site for a wind power project establishment
• use the planning methods and general investment parameters for the planning of a wind power project process
• describe and conduct a feasibility study for the development of a wind power project
• account for necessary steps in the wind power project development process considering existing legislation
• perform and analyse production calculations and estimate the economical conditions for a wind power project
• identify project stakeholders in regards to their role in project planning, scheduling and economics
• account for and analyse risks and impact of infrastructure delays in financial planning

Content

In this course the student will work independently on a feasibility study for a wind power project. This includes energy production calculations and estimating the economic potential of the project. Wind resources, conflicting interests, environmental impacts and other relevant aspects will be addressed. The result is presented in a final report with the documentation of the project process as well as reflections on the project's development.

The course also includes the use of Gantt charts, project risk management and uncertainty tools, theoretical knowledge on project management practice in wind power project contexts, cost calculations and cash-flow analysis, investment parameters, global financing and risks, international payments (Letter of Credit), penalty contracts and their effects on return on investment of a wind power project.

Instruction

The course is given as a net-based course. Assignments are submitted to the e-classroom on Internet and the student will receive personal feedback by the teacher. A forum for discussion is available.

Assessment

Written hand-in assignments (3 credits) and a written project report which is also examined by an oral presentation (12 credits).

If there are special reasons for doing so, an examiner may make an exception from the method of assessment indicated and allow a student to be assessed by another method. An example of special reasons might be a certificate regarding special pedagogical support from the disability coordinator of the university.

Other directives

The course cannot be included in the same degree as 1GV059, 1GV118 Wind Power Project Development or 1GV061, 1GV119 Wind Power Planning and Economics.