TVM5140 - Economic Assessment of Hydropower Projects


Examination arrangement

Examination arrangement: Home examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Home examination 100/100 4 hours

Course content

Basic economic methods.
Economic design criteria, investment and socio- and environmental-economic analysis.
Contracts and administration, payment, acquisition

Learning outcome

The course is offered in English to the students in first year in the MSc programme Hydropower Development and third or fourth year of the studies in Civil and Environmental Engineering. The course covers economic analysis and the basis for technical-economical optimisation of hydropower plants for planners and project managers of hydropower projects.

The student will have knowledge of:
- Basics of economic and financial analysis
- Different economic evaluation techniques and elements
- Levelized unit cost, Long Run Marginal Cost and energy tariffing
- Economic evaluation of environmental impacts and costs of mitigation
- Financing of energy projects
- Principles of engineering economics
- Conditions of project optimality
- Economic analysis of water reservoirs
- Economic analysis of turbine and generator capacities
- Economic analysis of headrace/tailrace tunnels and pressure shafts/pen-stocks
- Economic analysis of diversion tunnels
- Optimization models for hydropower systems
- Economic design criteria for hydropower plants

Students will be able to:
- Perform economic and financial analysis for a hydropower plant
- Plan the basis for technical-economical optimization of hydropower plants
- Participate in Environment Impact Analysis
- Participate in Prefeasibility studies of hydropower projects

General competence
The student shall know the basics design optimum criteria for hydropower plants, taking into consideration technical, economic as well as environmental factors. The student shall be able to see and evaluate hydropower development in a societal context and participate in evaluation of hydropower project alternatives.

Learning methods and activities

Lecturers come from the university and the hydropower industry. All lectures and exercises are given in English. The course include also a group work and presentation of a case.

Compulsory assignments

  • Assignments

Further on evaluation

If there is a re-sit examination, the examination form may change from written to oral.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Course materials

Books from the series "Hydropower Development" and supplementary lecture notes (English).

More on the course

Version: 1
Credits:  7.5 SP
Study level: Second degree level


Term no.: 1
Teaching semester:  SPRING 2021

No.of lecture hours: 4
Lab hours: 4
No.of specialization hours: 4

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Hydraulic Engineering
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of Civil and Environmental Engineering



Examination arrangement: Home examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Summer UTS Home examination 100/100 INSPERA
Room Building Number of candidates
Spring ORD Home examination (1) 100/100

Release 2021-05-25

Submission 2021-05-25

Release 09:00

Submission 13:00

Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
  • 1) Merk at eksamensform er endret som et smittevernstiltak i den pågående koronasituasjonen. Please note that the exam form has changed as a preventive measure in the ongoing corona situation.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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