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  Energy Policy, Regulation and Management (EPRM)

Philosophy of Engineering Design: techniques and analysis, synthesis and evaluation; The creative process: Design in the Corporate Environment: engineering research, marketing, finance and other corporate functions – and comprehensive design. Development Engineering; post-initial design development of new products, value engineering; development testing vs experimental research; case studies. Integrated treatment of mathematical modeling and analysis of systems. Modeling linear and nonlinear systems and their performance under transient, periodic and random loads, time domain and transfer techniques for linear continuous and discrete time systems. Transfer function, integral equation representation, and state model for selected control systems. State variable methods. State transition matrix for time- invariant and time varying continuous and discrete systems. Solving practical Engineering problems using
MATLAB/SIMULINK, MAPLE, MATHEMATICA, etc). Adjoint Systems. Singularity functions and superposition integrals for linear systems. Distributed parameter system analysis. Selected numerical analysis methods and applications. Theory of design, material consideration, optimization techniques, similitude, stability, design of experiments and evaluation of results.

Philosophy of Engineering Design: techniques and analysis, synthesis and evaluation; The creative process: Design in the Corporate Environment: engineering research, marketing, finance and other corporate functions – and comprehensive design. Development Engineering; post-initial design development of new products, value engineering; development testing vs experimental research; case studies. Integrated treatment of mathematical modeling and analysis of systems. Modeling linear and nonlinear systems and their performance under transient, periodic and random loads, time domain and transfer techniques for linear continuous and discrete time systems. Transfer function, integral equation representation, and state model for selected control systems. State variable methods. State transition matrix for time- invariant and time varying continuous and discrete systems. Solving practical Engineering problems using
MATLAB/SIMULINK, MAPLE, MATHEMATICA, etc). Adjoint Systems. Singularity functions and superposition integrals for linear systems. Distributed parameter system analysis. Selected numerical analysis methods and applications. Theory of design, material consideration, optimization techniques, similitude, stability, design of experiments and evaluation of results

A proposal report to be written and presented by the Masters degree student as a seminar to staff and students of ACE-SPED and other interested stake-holders.

Overview of renewable energy technologies with focus on Solar, Wind, Bioenergy, hydropower (Pico, Micro, small scale & large scale), geothermal, tidal, wave, hydrogen and fuel cells etc. Brief review of conventional and emerging energy systems (technical, economic and environmental relevance and impact). Identification of renewable and non-renewable energy sources. Renewable energy resources assessment techniques and exploitation technologies. Solar resource evaluation techniques, physical basis of solar radiation, photoelectric effect, definitions and explanations of key terms in photovoltaic (PV) technology-direct/diffuse/ global radiation/
Albedo/Air mass, solar cells, module make-up, mono and polycrystalline and amorphous modules, thin-film, dye sensitized and organic cells. Solar thermal technology, geothermal tidal, and wave technologies. Advantages and disadvantages of renewable energy technologies. New energy technologies: Hydrogen, fuel cells, free energy (fly wheel etc). Nexus between renewable energy and Africa’s development. Types of biomass and their basic properties. Overview of biomass processing technologies. Applications of biomass. Economics of biomass. Trends in biomass energy utilization in Sub-Saharan Africa. Introduction to RE softwares such as RETScreen, HOMER, etc).

Review of the distribution of energy resources (Coal, Oil, and LPG, natural gas, hydro, solar, geothermal ocean thermal, nuclear biofuels and biogas) in Africa, their potentials and development patterns associated with availability, conventional and renewable energy resources and sustainability issues (economic, environmental and climate change implications), technical and economic limitations in the use of various energy technologies (conventional and non- 51 conventional),socio-culturalconcerns,genderissuesinenergy resourcedevelopmentsand consumption, supply options, centralized and decentralized power generation (advantages and disadvantages, operational costs) energy storage and transport issues, industry energy demand, reliability of supply and energy infrastructure

General nature of policy, policy goals, policy tools, characteristics and policy instruments, effective policy making, policy design cycle, energy policy drivers and analysis, socio-economic aspects of energy policy, policy and lobbying (political dimension), overview of methods of policy analysis applied to the field of energy policy in the sub-region. Students would be enabled to design meaningful policy options and to analyse specific context in which policy decisions are made, role playing. Examples of energy policy documents in Nigeria and across Africa.

Introduction of elements of energy management system (EMS), advantages of managing energy, principles of an EMS, the deeming cycle, energy management system cycle, industry energy policy, purpose of company energy policy, developing company energy policy-key steps, assessing performance-SWOT analysis, establishing objectives, financial evaluation of actions, roles, responsibilities and competencies for energy management, the energy manager, energy management structures, energy awareness raising, managing energy information, energy audit-planning, preparing. Exercises.

Current and potential future energy systems: resources, extraction, conversion, and end-use technologies, with emphasis on meeting regional and global energy needs in the 21st century. Renewable and conventional energy production technologies. Energy end-use practices and alternatives. Consumption practices in different countries. Evaluation and analysis of energy technology system: (engineering, political, social, economic, and environmental goals).

Basic objectives of financial management and characteristics of project finance. Differences between project finance and corporate finance. Project finance in the field of renewable energy and energy efficiency. The nature of risk and typical risks in renewable energy and energy efficiency projects-market risk, construction risk, performance risk, resource risk and technological risks. Risk management strategies. Cash flow nature through the project life-cycle. Financial modeling of project and cash flows, equity versus debt financing, bankability and financial ratios in project financing. Sources of project financing, Equity, Mezzanine and Debt financing. Project financing options peculiar to renewable energy and energy efficiency projects-Energy services companies (ESCOs), Clean Development Mechanism (CDM) and Joint Implementation (JI) mechanism. Renewable energy portfolio standards, Policy issues and examples from across the globe

Industrial Internship for a duration of one month is compulsory for all ACE-SPED students. The internship, which is expected to be undertaken in one of our Sectoral partners establishments/industries/firms could lead to a project research and will culminate in a seminar presentation at the end of the internship.

ACE students are required to carry out a research-based project in any of the thematic areas of ACE-SPED under the guidance of an academic staff appointed by the Centre. This will be captured in a standard Project Report to be examined orally by a Board of Internal and External Examiners as laid down in the guidelines of the School of Postgraduate Studies of the University of Nigeria. The report shall not have been, in part of in full submitted for any other diploma or degree of this University or of another educational institution.

Key issues in renewable energy policies, including drivers of the energy market, concepts, market structures, international climate policies, stakeholders, interests and strategies, energy efficiency as part of green energy, insights into RE-specific legal and contractual aspects for successful implementation of RE projects. The course will also examine political frameworks and support mechanisms for introduction of renewable energy technologies into the local market. Review of experiences and lessons from different voluntary and regulative support mechanisms

Overview of monopolies (public and private), competitive industries. It will expose students to deregulation issues, re-regulation, privatization and liberalization of utility services, drivers of utility reform in developed and developing economies, social and political objectives and priorities in reform, institutional responsibilities, reform policy, legal and regulation provisions, regional cooperation and coordination, market structures, best practice regulation, antitrust principles. Case studies-Electricity reform in Nigeria, policy EPSRA, telecoms reform in Nigeria, Gas, the Nigeria Petroleum Industry Bill and International experiences.

Overview of regulatory, legal and contractual aspects of renewable projects. It also provides understanding of the economics of renewable energy projects, finance market conditions, project calculations scenarios, input parameters, comparative calculations and finance schemes. Financing is an important aspect of the course as initial investment is often the main barrier for renewable energy systems. The course will help students understand the important non-technical aspects for the successful implementation of RE projects, providing information on how to successfully implement RES in areas with no grid connection. Regarding social aspects, it gives
measures to ensure public acceptance, which is important to guarantee useful application of renewable energy and proper O&M.

Mini Project involving a detailed study of energy incentive programs such as Green Certificate – Italy, Feed-in Tariff etc or any other energy incentive program from other countries.

Transparency and competition in utility service procurement and trading, privatization issues and options, infrastructure procurement options and procedures, power purchase agreements, gas purchase agreements, competition for market, trading mechanism in the market.

Overview of regulatory mechanisms, definitions, types and characteristics of incentive regulations, rate of return price cap and revenue cap regulation, regulation by contract, 53 benchmark regulation, performance targets and targeted performance-based regulation, profit sharing, hybrid regulatory mechanisms, information problem in incentive regulatory, peer review. Students will also be exposed to case studies on the multi-year tariff order introduced in Nigeria and international experiences in incentive regulation.