Lecture Energy Markets I

General information:

Lecturer:Prof. Dr. Florian Bieberbach
Assistant:Gonçalo Terça
Dates (lecture):

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Dates (tutorial):

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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