Energy Trading
General Information:
| Lecturer: | Dr. Stephan Illerhaus |
| Assistance: | Daniel Gatscher |
| Dates: | |
| Place: | Lecture: check TUMonline Exercise: check TUMonline |
| Target group: | Master students (TUM-BWL, TUM-WIN, TUM-Witec) |
| Language: | English |
| ECTS: | 6 |
Description:
In the course of this module, students gain deep insights into the value chain of energy trading. Thereto, the module covers the following topics: development of european and global energy markets; energy markets as fundament for risk management; risk management of company portfolios from the perspective of energy producers, consumers and traders; grid-bound energy sources electricity and gas supplemented by references on coal, crude oil and emission certificates.
There is currently no reliable information on the format of the class. It will consist of lectures and exercises.
There will be no physical office hours. Please send an email for your questions.
Exam:
The energy Trading exam is going to take place on Tuesday, 01.03.2022 from 15:30 - 16:30. The exam will be held in presence in room 0505.03.539.
Literature:
| Author | Title |
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| Bhattacharyya, S. | Energy Economics – Concepts, Issues, Markets and Governance |
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| Borchert, J., Schemm, R., Korth, S. | Stromhandel – Institutionen, Marktmodelle, Pricing und Risikomanagement |
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| Burger, M., Graeber, B., Schindlmayr, G. | Managing Energy Risk: A Practical Guide for Risk Management in Power, Gas and Other Energy Markets |
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| Erdmann, G., Zwefiel, P. | Energieökonomik – Theorie und Anwendungen |
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| Fiorenzani, S., Ravekki, S., Edoli, E. | The Handbook of Energy Trading |
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| Hull, J.C. | Options, Futures and Other Derivatives |
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| James, T. | Energy Markets – Price Risk Management and Trading |
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| Konstantin, P. | Praxisbuch Energiewirtschaft. Energieumwandlung, -transport und -beschaffung im liberalisierten Markt |
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Expected Knowledge:
Basic Knowledge: Understanding of energy industry and energy techniques