Week 1: Key elements of energy markets
An introduction to the basics of energy markets, the main players and how market organization, regulation and liberalization affect the energy market.
Week 2: Different types of market models and what effects the energy market
The different models for energy market structure are described and the importance of time and geographical dependence as they affect energy markets.
Week 3: The economics of generation investment and capacity mechanisms
An introduction to the problems that occur with investment in energy generation and potential solutions in both the current energy system and renewable-energy-based systems.
Week 4: Energy Networks and congestion management
The energy network and how it recovers its costs in the EU as well as looking at congestion management across borders.
Week 5: Case review