Energy Supply and Value Chains

Subject ENGR90032 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points: 25
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2016:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 29-Feb-2016 to 29-May-2016
Assessment Period End 24-Jun-2016
Last date to Self-Enrol 11-Mar-2016
Census Date 31-Mar-2016
Last date to Withdraw without fail 06-May-2016

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 72 hours
Total Time Commitment:

240 hours

Study Period Commencement:
Credit Points:
Semester 1, Semester 2
Semester 1, Semester 2
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support:


Prof Michael Brear


Subject Overview:


This subject will examine both the supply and value chains of the major forms of energy used globally.

It will first examine energy markets in detail, including -

  • Network delivery markets for electricity and natural gas
  • Discrete delivery markets for oil and its products, natural gas, coal and uranium
  • Integration of public policy considerations, particularly greenhouse gas emissions, renewable energy incentives, installed capacity and essential service requirements
  • Financial markets, and their relationship to energy markets.

The subject will then consider risk management, including -

  • Understanding operational, credit and trading risk
  • Risk analysis tools
  • Investment decision making.

Finally, the subject will examine how to integrate this study of markets and risk into business planning.

Learning Outcomes:


On completion of this subject students should be able to -

  1. Explain how different energy markets function
  2. Apply different risk management tools in investment decision making
  3. Write a business case for different energy systems.

• Two assignments (37.5% each) not exceeding 25 pages each, one due mid-semester and the other at the end of semester, requiring approximately 30 to 35 hours work.
• One written three-hour end-of-semester examination (25%)

Prescribed Texts: None
Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

Having completed this unit the student should have -

• The ability to communicate effectively with the community at large
• An understanding of the social, cultural, global and environmental responsibilities of a professional, and the need for sustainable development.

Related Course(s): Master of Energy Systems

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