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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

The 12-week Energy Resources, Economics, and Environment program is suitable for undergraduate or postgraduate students in Energy Systems Engineering. This is a multidisciplinary elective course in the humanities and social sciences category, where candidates will familiarise themselves with the necessary skills to undertake macro-decision-making for society. While the training features IIT Bombay’s faculty members, it also entails several trained teaching assistants.

Following the course structure at IIT Bombay, the Energy Resources, Economics, and Environment training have a systematized syllabus that teaches about vital tools needed for economic analysis. Candidates will also learn about measuring the impact of energy systems. Instructors teach this by reviewing available energy resources and learning how to quantify their scarcity and depletion.

The Energy Resources, Economics and Environment online course discusses basic economic concepts and how to apply them to energy systems. Candidates will learn about the tools and procedures for project economics related to large-scale decisions. The course wraps up with fundamental concepts of environmental and welfare economics required to analyze energy systems and their environmental effects.

The Highlights

Postgraduate/undergraduate level
Elective course
Online studying for 12 weeks
Social sciences and humanities category
Multidisciplinary learning
Skilled instructor and teaching assistants
External proctored examination
An initiative of the Ministry of Education, Govt. of India
Live interactive sessions
Course by IIT Bombay
FDP training approved by AICTE
Digital certificate

Programme Offerings

free enrollment
12 in-course assignments
External proctored exam
Online mode course
Course in English
elective course
Multidisciplinary training
Interactive online sessions
E-certificate

Courses and Certificate Fees

Fees Informations	Certificate Availability	Certificate Providing Authority
INR 1000	yes	IIT Bombay

Enrolling in the course is free.
The Energy Resources, Economics, and Environment certification fees apply only to the candidates who wish to receive the course-end certificate. The total fee is Rs. 1,000/- only.

Energy Resources, Economics and Environment fee structure

Course Title	Total fee
Energy Resources, Economics, and Environment (audit only)	Free
Energy Resources, Economics, and Environment (with certification)	Rs. 1,000/-

Eligibility Criteria

Candidates do not require any prerequisite knowledge to join the Energy Resources, Economics, and Environment program.

Certificate Qualifying Details

Moreover, 75% of the proctored exam score with 25% of the best eight assignments’ scores are considered the final marks to receive the certification. Candidates must maintain an average assignment score of 10/25 or above and 30/75 or above for the final exam. Only after acquiring a final score of 40/10 or above will the student receive the certificate.

What you will learn

Knowledge of Environmental Science

By completing the Energy Resources, Economics, and Environment certification syllabus, students will have understood the following:

Tools mandatory for economic analysis
Techniques to quantify exhaustion and scarceness of resources
Basic economic concepts and applying them to energy systems
Methods and tools for project economics related to macro-level decisions for business/individual/society perspective
Welfare and environmental economics, their basic concepts and impact on the environment

Who it is for

The Energy Resources, Economics, and Environment program is intended for energy systems engineering students at the postgraduate level. Undergraduate students of electrical, chemical, and mechanical engineering may also opt for the course.

Admission Details

Step 1. Enrol yourself in the Energy Resources, Economics and Environment training by reaching Swayam’s website: https://swayam.gov.in/.

Step 2. To participate in the course, tap the ‘Sign-in/Register’ option to either login or start your Swayam account.

Step 3. Provide all the details on-screen to create your ID. Select ‘send verification code.

Step 4. Fill in the verification code sent to the provided email ID and click the ‘Verify Code’ option.

Step 5. Finish enrolment by choosing the ‘Create’ option.

Application Details

To enrol for the Energy Resources, Economics, and Environment by Swayam, create an account by entering the password, username, and email address or log in if you have an existing profile. There are no mandatory application forms to register for the course. You may also use your Facebook/Microsoft/Google ID to log in.

The Syllabus

Energy Flow Diagram
Global Trends in Energy Use
India and World- Disaggregation by supply
End-use
Energy and Environment
The Kaya Identity
Emission Factor

Energy and Quality of Life
Energy Inequality
Energy Security
Introduction to Country Energy Balance assignment

Energy Economics - Simple Payback Period
Time Value of Money- discount rate
Criteria for Assessing Energy Projects –(Net Present Value (NPV)
Benefit/Cost Ratio (B/C)
Inflation
Internal Rate of Return (IRR)

Resources & Reserves Growth Rates in Consumption
Estimates of Duration of Fossil Fuels
McKelvey Diagram
Peak oil
Hubbert’s model

Materials used in renewable energy (Kuznets Curve, Betting on the planet, Simon’s Change)
Non-Renewable Energy Economics (Hotelling’s Rule)

Preferences and Utility
Utility and Social Choice

Public and private goods / bads
Demand curves
Externalities

Financing Energy – Debt/ Equity- Sources of funds
innovative financing models

Input-Output Analysis

Primary Energy Analysis
Net Energy Analysis
Examples
Energy Cost of Energy
Life Cycle Analysis of Bioenergy

Net Energy Examples
Energy Policy

Energy Policy Examples
Practice problems solution

Evaluation process

Candidates must fill registration forms and provide the examination fees when the form URLs are opened. For more details about the exam, they must check the exam registration form.

Students must attend the exam in-person at the designated center for the Energy Resources, Economics, and Environment online course. Swayam will conduct this test on 24 April 2021, through a morning and afternoon session. To obtain certification, candidates must maintain a minimum 30/75 score in the examination, and 10/25 or more in their program assessments. If they score 40/100 without fulfilling those two criteria, Swayam won’t provide certificates.

Instructors

IIT Bombay Frequently Asked Questions (FAQ's)

1: Who is the instructor of the Energy Resources, Economics and Environment course?

Prof Rangan Banerjee from IIT Bombay is going to instruct the course.

2: What will be featured on the certificate?

The candidate’s name, final exam score, break up, and his/her photograph is mentioned on the certificate. Additionally, the certification also has the IIT Bombay and NPTEL logo.

3: Will I receive certification hardcopies?

No. Candidates will only acquire e-certificates.

4: When does the course commence?

Course dates can be checked on the website https://onlinecourses.nptel.ac.in/noc21_hs54/preview.

5: What is the passing grade for the proctored exam?

Candidates must acquire a minimum score of 30 on 75 to pass the final exam.