Energy Technologies and Economics

The prepared graduates will have comprehensive interdisciplinary knowledge of the technologies and economics of energy generation, transmission, distribution, and effective use, will be able to integrate the acquired knowledge and skills and apply them in the solution of technological and economic problems of the engineering sector. The graduates will be able to control power engineering objects and make economically reasonable engineering solutions. The knowledge of graduates will enable them to conduct researches that ensure sustainable development of power sector, will allow to work in various companies that solve the matters of long-term development and planning of power sector and also the provision of individual company with power resources, forecast of power needs and evaluation of the risk, matters of management, and regulation of power resources markets.

Entry requirements
Code 6211EX073
Location Kaunas
Faculty of Electrical and Electronics Engineering
Cycle Second cycle
Field Power Engineering
Language Lithuanian
Study mode and duration Full-time studies - 2 y.
Degree awarded Master of Engineering Sciences
 

Values

Studies

The unique programme for the future managers of energy sector

Modern globalisation and competition processes and changes in the energy markets require a complex attitude to power engineering as one of the main engines of economic growth. Having selected this programme, the students will acquire not only technological, but also specific knowledge of economics that is necessary for the sustainable development of power engineering.

Skills

This programme educates the specialists who are able to critically evaluate, analyse, develop, and form the future of energy sector

After completing the studies, the students receive expert knowledge of energy systems, renewable power engineering and advantageous technology management fields and are able to model and determine the relation between different energy elements, market capital and distribution of financial resources when seeking for sustainable development of power engineering sector.

Career

Such specialists are highly demanded on the labour market and, according to the predictions, this demand will not decrease for the coming decades

According to the National Energy Independence Strategy, the demand for electricity in our country will grow despite the increasing consumption effectiveness, i.e. in the final energy consumption, the share of electricity will increase from 15% (2009) to ~50% (2050). In order to ensure sustainable development of the sector, it will require talented managers characterised by strategic approach to the control of energy sector organisations. The graduates of this study programme will acquire all the skills that are necessary to access the management positions of this type.

Infrastructure

Modern well-developed laboratory base

The faculty provides an opportunity to conduct energy calculations, provides energy technology of renewable sources and Bloomberg laboratory; therefore, the students will be able to successfully apply the acquired theoretical knowledge in practice.

Lectures

Professional lecturers who have built extensive practical experience

The lectures are delivered to the students by the guest lecturers who have long-term experience in the energy sector, for example, A. Vaišnorienė (Advisor of Electricity Division of the National Commission for Energy Control and Prices), V. Miškinis (Manager of the Laboratory of Complex Energy Researches of the Lithuanian Institute of Energy), G. Radvila (Director of System Control Department at LITGDRID), etc.

 

Skills

Energy – resources, production, transmission, distribution, use and accumulation
Economics – economic analysis and evaluation, management of finances, regulation and control of energy markets, accounting and management
Energy systems – structure, sources, management and planning, reliability, security, strategy
Analysis of systems – composition and structure of systems, multi-criteria tasks, imitation modelling, theory of usefulness
Management of power engineering projects Understanding of energy markets Development of sustainable power engineering Analysis of advanced power technologies and processes

Testimonials

Dr. Aistija Vaišnorienė

Advisor of the Electricity Division of the NCECP

 

High qualification of specialists ensures effective and quality-based work of the National Commission for Energy Control and Prices. Not only knowledge of economics, but also the understanding of the energy technologies is useful in the everyday activity; therefore, the Commission needs employees who would be prepared according to this Master’s study programme. The KTU graduates who understand the structure of the power engineering system and the principles of functioning, regulation, pricing, and other aspects are working in the Commission.

Career

Student’s competences:
– Knowledge of sustainable energy technologies, investment, planning and effective management processes.
– Application of operational principles of the energy resources market, critical assessment of interconnections between management and regulation of energy resources markets and energy policy.
– Planning of effective, safe and reliable electrical energy systems.
– Application of economically substantiated engineering solutions and solving of quantitative problems of the market of energy resources.

Student’s skills:
– Able to integrate knowledge of technologies and economy science, and plan and manage complex energy systems.
– Able to critically analyse the issues of energy generation, environmental protection and economy relevant to the society.
– Able to apply economic operational principles of energy sector and specifics of formulation of financial solutions.
– Able to solve practical and scientific problems in sustainable energy development.

 

 

You may become

– Insurance of efficient management of project integrity, scope, budget, timetable, human resources, risks and purchases;
– Cooperation with service providers and external institutions on the issues of project implementation;
– Submission of proposals regarding improvement of activities, application of global good practice, using innovative solutions in the working environment.

– Implementation of the organisation’s policies and operational strategy;

– Implementation of the organisation’s operational plan, preparation and administration of information data.

– Development of the company’s operational strategy;
– Planning, coordination and management of the company’s or organisation’s activities;
– Development and management of rational and substantiated solutions for the division’s performance efficiency.

 

Minimum requirements

Proficiency in English
Language requirements

IELTS ≥6.0, TOEFL ≥85, CEFR ≥C1, or equivalent

Eligibility CGPA
University Bachelor degree certificate

Undergraduate diploma (or higher) with min. length of 180 ECTS (3 years of studies) is eligible.

Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

The entry qualification documents are accepted in the following languages: English / Russian.

The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply for the documents issued in the EU and Belarus, Ukraine.

Average grade (CGPA) > 60 %

 

Score structure

Component Coefficient
First component of the competition score

Average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement

0,7

Second component of the competition score

Research activities

0,2

Third component of the competition score

Motivation letter and online interview

0,1

 

Tuition fee

Foreign nationals with Lithuanian origins and EU citizens
Full-time studies 3737 €
Price per credit 62,28 €

 

Financial support