Energy Markets II

What it is about

You deepen your understanding of energy and electricity markets with a focus on fundamental concepts such as promoting renewable energy, trading on wholesale markets, generation and grids. In the end you will be able to explain market mechanisms, trade energy commodities, classify the role of transmission networks and their regulation, and make decisions for energy suppliers.

What you will be able to do

• Name concepts and economic features of relevant areas of energy markets
• Summarize concepts and economic features that are relevant together
• Explain trading of energy commodities
• Interpret the role of energy nets (grids) and their regulation
• Apply applied concepts and theoretical foundations
• Analyze business models of energy suppliers and make management/investment decisions

What the module consists of

• Lectureprovides basic knowledge, theoretical concepts and practical examples
• Exercise / Exercise courseapplication of what is learned; execution of a browser-based business game in which you act as CEO
• Private readingdeepening through scientific literature as a supplement to the lecture

Teaching method

• Presentation / Lecturepresentation of basic knowledge, concepts and practical examples
• Exercises / Business Gamepractice-oriented training of management and decision-making tasks through a browser-based simulation
• Self-study (scientific literature)expansion of background knowledge outside the course