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MRW-7 Solved Assignment 2023 For January 2023 Session
M.Sc (Renewable Energy and Environment)
ENERGY ECONOMICS AND PLANNING
(To be done after studying the course material)
Course Code: MRW-007
Course Title: Energy Economics and Planning
Assignment Code: MRW-007/TMA/2023
Maximum Marks: 100
Last Date of Submission: April 30, 2023
- For any question worth 5 marks the word limit is 200 words, for a 10 mark question it is 350 words.
- All questions are compulsory. All questions carry equal marks.
Q.1 a) Describe Herzberg’s two factor theory in detail.
b) Why an effective control process is needed in an organisation?
Q.2 Explain the concept of elasticity of demand and explain its usefulness?
Q.3 a) Describe in detail the terms economic environment and business management.
b) How Infrastructure and Economic Growth are interrelated?
Q.4 What is Energy Pricing? Explain its significance in economics. Explain in brief the Principle of Intergenerational Equity.
Q.5 In your opinion, is the UN an effective organisation for global environmental action? Justify your answer with facts and evidences.
Q.6 Mr. Laxman receives a provident fund amount of Rs. 100000. He deposits in a bank which pays 10 percent interest. If he withdraws annually Rs. 20000, how long can he do so?
Q.7 a) Explain the three phases in decision making process.
b) Explain in detail the utility of integrated rural energy planning.
Q.8 The details of a solar thermal plant is given below. Calculate the life cycle cost per unit for the power plant. Assume the suitable values if required.
|Sr. No.||Item||Cost in Rs./KW||Life Period|
|1.||Heat energy collectors||25000||20year|
|2.||Boiler+ steam turbine||13900||10years|
Q.9 Discuss the various factors which drives the energy pricing.
Q.10 Write short notes on the following:
a) Climate Change Convention, 1992
b) Econologic Model or Economic Man Model
c) Optimum hybrid energy system
d) Techno economic Evaluation
MRW7, MRW 7