Interdisciplinary experience in the Teacher Training College of Vitoria-Gasteiz: teaching profession module

[EN] The higher education regulation process in Europe, known as the Bologna Process, has involved many changes, mainly in relation to methodology and assessment. The paper given below relates to implementing the new EU study plans into the Teacher Training College of Vitoria-Gasteiz; it is the first interdisciplinary paper written involving teaching staff and related to the Teaching Profession module, the first contained in the structure of the new plans. The coordination of teaching staff is one of the main lines of work in the Bologna Process, which is also essential to develop the right skills and maximise the role of students as an active learning component. The use of active, interdisciplinary methodologies has opened up a new dimension in universities, requiring the elimination of the once componential, individual structure, making us look for new areas of exchange that make it possible for students' training to be developed jointly.

Valuation of wind energy projects: A real options approach

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Un análisis sobre la financiación colectiva: el micro-mecenazgo

[ES]Este es un Trabajo Fin de Grado interdisciplinar que aúna el Micro-mecenazgo con la Econometría. En la parte teórica, se sintetiza la literatura relacionada con el crowdfunding, los tipos y su funcionamiento, así como los factores que influyen tanto positiva como negativamente en la consecución de los proyectos llevados a cabo por esta práctica. Se analizan también las bases de datos sobre plataformas de crowdfunding disponibles en Internet y se explica la búsqueda realizada para encontrar una muestra adecuada. Mientras que en la parte empírica, se analiza el impacto de los factores elegidos sobre la probabilidad de éxito de los proyectos. Para ello se utilizan modelos econométricos no estudiados anteriormente que se explican y analizan en la parte metodológica del trabajo. De esta forma, se obtienen resultados que ayudan a conocer las características que han de tener los proyectos publicados en las plataformas de crowdfunding para conseguir la financiación exigida. Para ello, se han teniendo en cuenta los datos encontrados en diferentes plataformas de crowdfunding entre el año 2013 y el 2015.

Valuation of Wind Energy Projects: A Real Options Approach

We address the valuation of an operating wind farm and the finite-lived option to invest in it under different reward/support schemes: a constant feed-in tariff, a premium on top of the electricity market price (either a fixed premium or a variable subsidy such as a renewable obligation certificate or ROC), and a transitory subsidy, among others. Futures contracts on electricity with ever longer maturities enable market-based valuations to be undertaken. The model considers up to three sources of uncertainty: the electricity price, the level of wind generation, and the certificate (ROC) price where appropriate. When analytical solutions are lacking, we resort to a trinomial lattice combined with Monte Carlo simulation; we also use a two-dimensional binomial lattice when uncertainty in the ROC price is considered. Our data set refers to the UK. The numerical results show the impact of several factors involved in the decision to invest: the subsidy per MWh generated, the initial lump-sum subsidy, the maturity of the investment option, and electricity price volatility. Different combinations of variables can help bring forward investments in wind generation. One-off policies, e.g., a transitory initial subsidy, seem to have a stronger effect than a fixed premium per MWh produced.

Arteen bidezko sormena ikuspegi interdiziplinarrean

EUSKERA: Lan honen helburua eskolan arteen bidezko sormena sustatzea izango da, ikuspegi interdiziplinar batean. Horretarako, ikasleen ezagutzaren bereganatzeaz gain horien espiritu kritikoa eta ekintzailea piztuko duen proiektu bat proposatuko da, haien sormena garatzea xede nagusitzat izango duena. Berebiziko garrantzia dauka hezkuntzan haien kabuz pentsatzeko pertsonak eratzeak, eta edukien gainetik nortasuna garatzera zuzendutako metodologiak diseinatzeak. Izan ere, horrela bakarrik lortuko dugu gizarte honek zein etorkizunekoek aurkezten dizkiguten eguneroko erronkei aurre egitea.