https://www.dangode.com/renewables/
Click here for a short video introduction.
MBA ACCT-GB-3153 (1.5 credits for MBAs) specializations:
Undergrad ACCT-UB-53 (2 credits for undergrads) concentration:
We analyze the renewable energy and electric vehicles industries from the perspective of entrepreneurs, managers, and investors. We cover the following: (1) Explain key financial metrics, such as the levelized cost of energy, that are used to evaluate renewable energy sources. (2) Build simple financial models of renewable energy projects to understand their financial foundations. (3) Analyze financial statements of renewable energy and electric vehicle industries to understand their business drivers.
Core course in Financial Accounting
Requiring attendance is necessary for several reasons. First, you incorrectly assume you can catch up on a missed class by watching a recording (if available). Videos do not engage your brain as much as a live class. Second, less than 20% of you watch the recording (if available). You are then lost in class, which provides the wrong signals to me as an instructor. Third, your absence hurts class discussions. Fourth, you miss out on feedback if you do not work through the questions I pose in class. Fifth, I lose the feedback since there are fewer questions.
The policy below will be in effect only after the add/drop period.
Without mandatory attendance, attendance is often below 50%. Therefore, though I dislike doing this, I penalize absences. If you anticipate being absent for good reasons, please email me well in advance. Please enter "Excused" on the attendance sheet described below to avoid the penalty if I approve. If you miss a class due to emergencies and cannot tell me in advance, do not panic. Take care of the emergency first, and then email me. I will permit you to change the "Absent" to "Excused." But if you miss a class without a valid reason, there is a penalty, as stated below.
For sections meeting in 150-190 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY missed session unless you were explicitly excused via email. Thus, if you miss two class sessions, you will lose two grades, and so on.
For sections meeting in 75-80 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY TWO missed sessions unless you were explicitly excused via email. Thus, if you miss four class sessions, you will lose two grades, and so on.
Please sit in the same seat in every class and display your name tags. For Zoom classes, you must keep your video on AT ALL TIMES. You must also have a good working headset or mic, as it is extremely rude to be inaudible and force me to ask you to repeat yourself. After entering the class, please mark yourself present in the first 20 minutes on the OneDrive sheet (link posted on Brightspace). You will be marked absent if you are more than 20 minutes late unless it is because of factors beyond your control (traffic, subway, or interviews running late). You will also be marked absent if you leave the class early unless you have my permission or get it afterward. You will get an F in the course if you are caught cheating on the attendance sheet.
There are no in-class quizzes, midterms, or final exams.
The average lifetime cost incorporating the time value of money and tax effects. LCOE is the flat unit price of energy sold makes the project IRR equal to the discount rate.
Ability to produce power on demand.
How quickly the full power can be produced when dispatchable.
These costs are not factored into the levelized cost of energy (LCOE) described above unless these effects are priced via regulations.
Pattern, variability, and elasticity of demand within a day, across seasons, and geographies [The duck curve]
All electricity sources must compete unless the government-mandated renewable portfolio standard mandates using certain types of sources, or private companies prefer to buy renewable energy.
Availability and variability of the energy source within a day, across seasons and geographies