Course - Energy Markets - IØ8303
Energy Markets
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About the course
Course content
The course discusses different models for analysis of energy markets and how energy companies adjust to these. Emphasis is put on the relationship between technical and economic features in natural gas and electricity markets. The course focuses on how market-driven optimization of the value chains and production resources of energy companies can be modelled and how energy markets work and form prices. Uncertainty in market prices and resource availability is handled with a basis in financial theory and in methods of operations research.
Learning outcome
The course will give the student an advanced introduction to how liberalized energy markets function, with an emphasis on European markets.
Learning methods and activities
Lectures, seminars, project work and excursions.
Recommended previous knowledge
TIØ4115 Microeconomics and optimization and TIØ4145 Corporate Finance.
Course materials
Scientific articles and selected literature. Given at course startup.
Credit reductions
Course code | Reduction | From |
---|---|---|
IØ8810 | 2.5 sp | |
TIØ4556 | 5 sp | |
TIØ4557 | 5 sp |
Subject areas
- Business Economics
- Managerial Economics, Finance and Operations Research
- Finance and Managerial Economics
- Business Econimics and Management
- Industrial Economics and Technology Management
- Technological subjects
Contact information
Course coordinator
Lecturers
Department with academic responsibility
Department of Industrial Economics and Technology Management