Plant Economics and Technology

The Plant Economics and Technology module contains an introduction to plant economics and technology as well as the life cycle of industrial plants. It also covers topics such as analysis and modelling of industrial production systems, project management in engineering, network and facility location planning and process design. The module also includes investment and cost estimation as well as plant and process optimisation and maintenance and repair. Finally, quality management, re-location, dismantling and recycling and technology assessment and management are also covered. 

The following course/module was developed at the TU Bergakademie Freiberg.

Learning outcomes / Competencies:

• understanding of techno-economic issues associated with the life cycle of industrial plants
• characterisation of plant economic tasks
• discussion of the achievements and shortcomings of these methods for a practical application
• transfer to practice