Course coordinator
Dr Tony Heynen
Course overview
- Study period
- Semester 2, 2024 (14/10/2024 - 16/11/2024)
- Study level
- Postgraduate Coursework
- Location
- St Lucia
- Attendance mode
- Intensive
- Units
- 2
- Administrative campus
- St Lucia
- Coordinating unit
- Chemical Engineering School
This course provides an introduction to world energy markets, energy policy and how governments regulate and intervene in these systems. Its context is the rapid transformation that is underway and the key drivers for this. Students will gain an understanding of how various energy markets have changed over recent times and what challenges they bring to energy policy development. Energy regulations, policies and agreements from a range of countries will be examined.
As the world transitions to sustainable energy, fundamental change is occurring in the complex and multi-layered systems of fuel, environment and power markets.ﾠ Key opportunities will be missed unless sustainable energy professionals have a strong understanding of how energy markets work.ﾠ This course presents key insights and frameworks on energy infrastructure, law and policy and how these influence energy markets and prices.ﾠ The course has a particular focus on Australia's National Electricity Market, but learnings will be applied across global energy systems.
Course requirements
Incompatible
You can't enrol in this course if you've already completed the following:
ENGY7107
Restrictions
Restricted to MSE, GDSE and GCSE students. Other students need enrolment permission from School of Chemical Engineering.
studentenquiries@chemeng.uq.edu.au
Course contact
Course staff
Lecturer
Dr Tony Heynen
Mr Elliot Tonkes
Tutor
Mr Abel Quintero Fuentes
Ms Tammy MacGinley
Mr Yuan Hong
Mr Yulio Sitio
Mr Stavros Nicolaides Berrios
Ms Yuan Gao
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
This course is taught in Intensive mode.ﾠ Students are advised to check the Learning Activities section for the course timetable.ﾠ In particular, attendance and participation (online or on campus) is required at the Intensive Modules across four consecutive days (9am-5pm Brisbane time, each day).
Aims and outcomes
This course provides an overview of energy markets and the roles of economics, law, policy and infrastructure in its development. This course will help you understand the functioning of energy markets as a necessary step in the transition to increased sustainable energy. Using Australia's National Electricity Market as an example, you will obtain a deeper understanding of its principles and effectiveness. This will provide the skills and knowledge to ﾠbe able to promote the investments necessary for achieving the energy transition.
Learning outcomes
After successfully completing this course you should be able to:
LO1.
KNOWLEDGE OF FIELD: - Describe the types of energy markets, their evolution, and their common and commodity-specific characteristics.
LO2.
KNOWLEDGE OF FIELD: - Describe the linkages between energy markets and the influence of energy infrastructure, the economy, law and policy.
LO3.
KNOWLEDGE OF FIELD: - Apply high-level frameworks for analysing how policy and commercial behavior affect energy systems, including how generators and consumers influence transactions and tariffs in electricity markets.
LO4.
KNOWLEDGE OF FIELD: - Explain the mechanisms for law and policy makers to guide the behavior of energy market participants and investment/divestment in non-conventional energy and electricity generation.
LO5.
KNOWLEDGE OF FIELD: - Work in teams to provide thought leadership for how to overcome barriers to incorporate sustainable energy into the grid, from the perspective of various stakeholders.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Quiz |
Foundational Module Quiz
|
10% |
14/10/2024 4:00 pm |
| Role play/ Simulation |
Group Presentation / Statement / Memorandum
|
30% |
4/11/2024
17:00-20:30 |
| Paper/ Report/ Annotation |
Individual written response to energy market situation
|
40% |
11/11/2024 4:00 pm |
| Examination |
Oral Exam
|
20% Hurdle |
14/11/2024 - 15/11/2024
Schedule TBA |
A hurdle is an assessment requirement that must be satisfied in order to receive a specific grade for the course. Check the assessment details for more information about hurdle requirements.
Assessment details
Foundational Module Quiz
- Online
- Mode
- Written
- Category
- Quiz
- Weight
- 10%
- Due date
14/10/2024 4:00 pm
- Learning outcomes
- L01
Task description
Students will complete an online quiz; questions will be based on the videos, readings and activities undertaken in the Foundation Modules (self-directed learning).
Quiz is open book and non-invigilated.
Please refer to Blackboard for full details.
Artificial Intelligence (AI) and Machine Translation (MT) are emerging tools that may support students in completing this assessment task. Students may appropriately use AI and/or MT in completing this assessment task. Students must clearly reference any use of AI or MT in each instance.
A failure to reference generative AI or MT use may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
All assessment items should be submitted through the ENGY7117 Blackboard site.
Deferral or extension
You may be able to apply for an extension.
The maximum extension allowed is 28 days. Extensions are given in multiples of 24 hours.
Late submission
Assessments must be submitted on or before the due date. Late submissions of assessment items will only be accepted if approval for late submission has been obtained prior to the due date.
Penalties Apply for Late Submission
Refer PPL Assessment Procedure Section 3 Part C (48)
Group Presentation / Statement / Memorandum
- Online
- Mode
- Activity/ Performance, Oral
- Category
- Role play/ Simulation
- Weight
- 30%
- Due date
4/11/2024
17:00-20:30
- Learning outcomes
- L02, L03, L04
Task description
Online Media Conference (Via Zoom): Short role-play presentations in groups.
This assessment includes submission of a media statement and memorandum. Students put forward an organisational response to an energy policy announcement.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Deferral or extension
You may be able to apply for an extension.
The maximum extension allowed is 28 days. Extensions are given in multiples of 24 hours.
Late submission
Assessments must be submitted on or before the due date. Late submissions of assessment items will only be accepted if approval for late submission has been obtained prior to the due date.
Penalties Apply for Late Submission
Refer PPL Assessment Procedure Section 3 Part C (48)
Individual written response to energy market situation
- Online
- Mode
- Written
- Category
- Paper/ Report/ Annotation
- Weight
- 40%
- Due date
11/11/2024 4:00 pm
- Learning outcomes
- L02, L03, L04
Task description
This written submission will be completed individually. Assignment brief/questions will be available beforehand. Further details will be provided in the Intensive Modules.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submit using Turnitin, accessed via the Assessment page of the course Blackboard site.
Deferral or extension
You may be able to apply for an extension.
The maximum extension allowed is 28 days. Extensions are given in multiples of 24 hours.
Late submission
Assessments must be submitted on or before the due date. Late submissions of assessment items will only be accepted if approval for late submission has been obtained prior to the due date.
Penalties Apply for Late Submission
Refer PPL Assessment Procedure Section 3 Part C (48)
Oral Exam
- Hurdle
- Identity Verified
- In-person
- Online
- Mode
- Oral
- Category
- Examination
- Weight
- 20% Hurdle
- Due date
14/11/2024 - 15/11/2024
Schedule TBA
- Learning outcomes
- L01, L02, L03, L04
Task description
Further information on the format and schedule of this examination will be provided in the Intensive Modules. This exam is a hurdle assessment; students must score >= 50% in this exam to pass the course.
This Identity-Verified Assessment task is to be completed in-person, via Zoom.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Hurdle requirements
To pass the course, students must obtain a mark of >= 50% for the Oral Exam individual assessment.Exam details
| Planning time | no planning time minutes |
|---|---|
| Duration | 20 minutes |
| Calculator options | Any calculator permitted |
| Open/closed book | Closed Book examination - no written materials permitted |
| Exam platform | Other |
| Invigilation | Invigilated in person |
Submission guidelines
This assessment item should be submitted through Turnitin on the ENGY7117 Blackboard site.
Deferral or extension
You may be able to apply for an extension.
The maximum extension allowed is 28 days. Extensions are given in multiples of 24 hours.
Late submission
Assessments must be submitted on or before the due date. Late submissions of assessment items will only be accepted if approval for late submission has been obtained prior to the due date.
Penalties Apply for Late Submission
Course grading
Full criteria for each grade is available in the Assessment Procedure.
| Grade | Description |
|---|---|
| 1 (Low Fail) |
Absence of evidence of achievement of course learning outcomes. Course grade description: Overall course mark typically <35% and/or failure to complete assessment items. |
| 2 (Fail) |
Minimal evidence of achievement of course learning outcomes. Course grade description: Overall course mark typically 35 - 44 %. Lack of evidence of competency in the course material. |
| 3 (Marginal Fail) |
Demonstrated evidence of developing achievement of course learning outcomes Course grade description: Overall course mark typically 45 - 49% AND/OR mark of < 50% in Oral Exam. Falls short of satisfying the basic requirements for a Pass. |
| 4 (Pass) |
Demonstrated evidence of functional achievement of course learning outcomes. Course grade description: Overall course mark typically 50 - 64% AND mark of >= 50% in Oral Exam. Demonstrates core competencies in course knowledge and skills. |
| 5 (Credit) |
Demonstrated evidence of proficient achievement of course learning outcomes. Course grade description: As per 4 except overall course mark typically 65 - 74% AND mark of >= 50% in Oral Exam. Demonstrates a clear grasp of the underlying concepts, and competency in the specific skills taught in this course. |
| 6 (Distinction) |
Demonstrated evidence of advanced achievement of course learning outcomes. Course grade description: As per 5 except overall course mark typically 75 - 84% AND mark of >= 50% in Oral Exam. Very good achievements in all tasks, demonstrating a clear grasp of course concepts and skills. |
| 7 (High Distinction) |
Demonstrated evidence of exceptional achievement of course learning outcomes. Course grade description: Overall course mark typically >85% AND mark of > = 75% for Oral Exam. Outstanding achievement in all tasks, clearly demonstrating critical analysis and insight into course concepts, and effectively articulated connections between course knowledge and wider social, economic, and environmental contexts at global, regional and national levels. This grade requires demonstrated originality in assessment tasks and/or application of course skills. |
Additional course grading information
To pass the course, students ﾠmust obtain a mark of >= 50% for the Oral Exam individual assessment.
There is an opportunity for students to complete an online peer assessment of each group member for all group assessment items. However, if there is consensus that all group members participated equally this will not be necessary.ﾠ
Supplementary assessment
Supplementary assessment is available for this course.
Additional assessment information
Supplementary assessment may involve a written or oral exam. Where a mark of <50% for the Oral Exam resulted in a grade of 3, the Supplementary assessment may be offered via resitting the Oral Exam.
Learning resources
You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.
Library resources
Library resources are available on the UQ Library website.
Additional learning resources information
Please refer to the ENGY7117 Blackboard site.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| Learning period | Activity type | Topic |
|---|---|---|
Multiple weeks |
Not Timetabled |
Foundation Modules Learning outcomes: L01 |
Workshop |
Group presentation Assessment (via Zoom) Learning outcomes: L04, L05 |
Policies and procedures
University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments - Students Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.