Program Overview

Financial Analysis for Energy - ENRG 1013

Course Description

In this course, students will use financial modelling and tools to justify energy projects. Concepts such as the time value of money, internal rate of return, net present value, and payback will be used to make capital budgeting decisions. Students will learn how to evaluate risk in decision making. Forecasting will be used for strategic planning and goal-setting with regard to emissions reduction. Students will use industry best practices to estimate utility costs and identify variables to be considered in load forecasting. Using forecasting, risk assessment, other decision-making criteria, and lifecycle analysis, students will develop a business case for a specific energy project.

Course Details

Course Code

ENRG1013

Credits

3

Format and Length

• Lecture: 35 hours
• Lab: 10 hours

Prerequisites

• ENRG 1001
• ENRG 1003

Restricted to

• Energy Management
• Open Studies

Program Information

This course can be taken through Open Studies or through our Energy Management program.