Economics of Alternative Energy
The goal of this course is to explore the economics of alternative energy technologies. As always, engineering considerations determine the feasibility of any technology while economics determine the practicality of the technology in the likely environment of the next five years. The students participating in this course will explore a wide range of alternative energy technologies. It is expected that their analyses will combine both economic and engineering principles in an interesting and creative way. Each student will choose a particular technology to analyze in depth: wind, solarphotovoltaic, passive solar, geothermal, bio-fuels, etc. There will be periodic presentations of their work to the class as a whole. One goal of these class discussions will be to highlight the advantages and disadvantages of the various technologies. At the end of the semester, there will be a formal presentation of the students’ conclusions to an audience of Cooper faculty, industry experts and Wall Street analysts.
Prerequisite: EID 270, EID 374, or permission of the instructor
Open to all students.
Course Code: EID 376