Energy Economics

What it is about

You will learn economic fundamentals and methods for analyzing energy markets (e.g., gas, oil, coal, electricity). In the end you will be able to distinguish market structures and behaviors of producers and consumers, assess network regulation, and apply theoretical as well as empirical methods to current developments such as the energy transition.

What you will be able to do

• Differentiate between different market structures at wholesale, transport, and retail levels
• Compare strategies and behavior of producers and consumers
• Assess regulatory forms in network industries
• Apply theoretical and empirical methods to topics of energy markets
• Analyze and evaluate current developments (e.g., energy transition)

What the module consists of

• VorlesungConveying the topics using PowerPoint presentations and guest lectures
• ÜbungSolving exercises individually or in groups; presentation and joint solution with tutor

Teaching method

• PowerPoint‑Vorlesungenfor structured delivery and explanation of the topics
• GastreferatPractical perspective through talks by practitioners
• Übungsblätter und TutorateApplication and deepening of material through tasks, group work and presentations
• Whiteboard und ReaderSupporting teaching materials for illustration and supplementation