Lecture Energy Markets I
General information:
Lecturer: | Prof. Dr. Florian Bieberbach |
Assistant: | Gonçalo Terça |
Dates (lecture): | check TUMonline |
Place (lecture): | check TUMonline |
Dates (tutorial): | check TUMonline |
Place (tutorial): | check TUMonline |
Target group: | TUM-BWL (Master), TUM-WITEC, MMT |
Language: | English |
ECTS: | 6 |
Content:
In the course of this module, students gain an economic overview on the supply chain of energy companies and energy markets. Thereto, the module covers the following topics: supply chain of energy companies (from energy generation over transportation and trading to distribution); supply, demand and price determination on electricity markets; end products electricity and heat; climate change; energy transition to renewable energies; investment analysis of energy projects; real options; comparative statics on energy markets.
Previous knowledge expected:
Basic knowledge in economics (competition), company strategies (Porter etc.), industrial economics (market power, oligopoly, entrance barriers, transparency), investment analysis and trading (call, put, forward, future etc.).
Modules:
- Investment and Financial Management
- Economics I (Microeconomics)
- Industrial Economics
- Introduction to Strategy and Organization
- Derivatives