Modul

The assessment is carried out as partial written exams (according to Section 4(2), 1 of the examination regulation) of the single courses of this module, whose sum of credits must meet the minimum requirement of credits of this module. The examinations take place every semester. Re-examinations are offered at every ordinary examination date.The assessment procedures are described for each course of the module seperately.

The overall grade of the module is the average of the grades for each course weighted by the credits and truncated after the first decimal. 

The student

• gains detailed knowledge about the new requirements of liberalised energy markets,
• describes the planning tasks on the different energy markets,
• knows solution approaches to respective planning tasks.

The lecture Liberalised Power Markets has to be examined.

Liberalised Power Markets: The European liberalisation process, energy markets, pricing, market failure, investment incentives, market power
Energy Trade and Risk Management: trade centres, trade products, market mechanisms, position and risk management
Simulation Game in Energy Economics: Simulation of the German electricity system

The courses are conceived in a way that they can be attended independently from each other. Therefore, it is possible to start the module in winter and summer term.

The total workload for this module is approximately 270 hours.