First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Engineering
Course unit
INM0017109, A.A. 2019/20

Information concerning the students who enrolled in A.Y. 2018/19

Information on the course unit
Degree course Second cycle degree in
IN0528, Degree course structure A.Y. 2014/15, A.Y. 2019/20
bring this page
with you
Number of ECTS credits allocated 9.0
Type of assessment Mark
Course unit English denomination ENERGY ECONOMICS
Department of reference Department of Industrial Engineering
E-Learning website
Mandatory attendance No
Language of instruction Italian
Single Course unit The Course unit can be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge ARTURO LORENZONI SECS-P/06

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Educational activities in elective or integrative disciplines SECS-P/06 Applied Economics 9.0

Course unit organization
Period First semester
Year 2nd Year
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Lecture 9.0 72 153.0 No turn

Start of activities 30/09/2019
End of activities 18/01/2020
Show course schedule 2019/20 Reg.2014 course timetable

Examination board
Board From To Members of the board
10 A.A. 2019/2020 01/10/2019 30/11/2020 LORENZONI ARTURO (Presidente)
BIGNUCOLO FABIO (Membro Effettivo)
9 A.A. 2018/19 01/10/2018 30/11/2019 LORENZONI ARTURO (Presidente)
BIGNUCOLO FABIO (Membro Effettivo)

Prerequisites: No one specific basic knowledge is required; in general, the skills gained in the previous years allow to follow the course properly
Target skills and knowledge: Achieving a basic knowledge of energy markets and evaluating energy investments. The student will be able to make a market analysis and to manage a project from the economic and technical perspective
Examination methods: Two written tests during the teaching time. If the vote is > or = 22/30 the vote can be registered, otherwise a oral esamination is required.
5 exams during the year: February, March, June, July, September
The test is based on the ability to manage autonomous decisions related to energy
Assessment criteria: Knowledge of the topics seen during the lessons and ability to solve exercises on investment decisions. It is required the ability to manage in autonomous way energy supply related problems
Course unit contents: Energy sector basic knowledge. Exaustible resources economic analysis, the Hotelling rule, the role of financial markets. Prices and market of fossil fuels. Market equilibria under competition, oligopoly and monopoly. Economic evaluation of energy investments; the role of uncertainty. The electricity sector, organization and operation.
Planned learning activities and teaching methods: Front lessons and classwork on investment choice. Literature is suggested for more in deep study. Some discussion on topics taken from media are made in class, to stimulate the critical analysis and the ability to defend a point
Additional notes about suggested reading: • Giancarlo Pireddu, Economia dell’energia. I fondamenti. Dispense online, Università degli Studi di Pavia, 2009.
• L. De Paoli, A. Lorenzoni, Economia e politica delle fonti rinnovabili e della cogenerazione, FrancoAngeli, Milano, 1999
• Arturo Lorenzoni, Il risparmio Energetico, Il Mulino, 2012
Textbooks (and optional supplementary readings)
  • Lorenzoni A., Zingales G. et Al., Dispense di Economia delle Fonti di Energia. Padova: Cleup, 2014. Coprono una parte del programma

Innovative teaching methods: Teaching and learning strategies
  • Lecturing
  • Case study
  • Interactive lecturing

Innovative teaching methods: Software or applications used
  • Moodle (files, quizzes, workshops, ...)

Sustainable Development Goals (SDGs)
Affordable and Clean Energy Sustainable Cities and Communities Climate Action