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International Comparison of the Structure of European Energy Markets I

level of course unit

second cycle, Master

Learning outcomes of course unit

After successfully passing the course, the students possess a consolidated knowledge of the structures and functionality of European energy markets (production and demand structures, network infrastructures, end customer issues). They are familiar with the main features of the legal framework and possess a detailed knowledge of the economic circumstances. They have a basic knowledge of assessment methods and parameters for a market entry/exit and respectively for a comprehensive project assessment.

prerequisites and co-requisites

not applicable

course contents

Structures and functionality of the European energy markets on a practical level (case studies, case examples, discussion of actual press releases and publications).
Main features of the legal framework (regulation, market failure, relevant EU directives) and a detailed knowledge of the economic circumstances and special characteristics of individual energy markets (characteristics of market forms and their analysis).
Knowledge of production and demand structures, network infrastructure, end customer issues (demand and offer structures and their analysis; introduction, in depth in course II, discussion of contract specific characteristics along the value added chain).
Knowledge of assessment methods and parameters for a market entry/exit and respectively for a comprehensive project assessment (calculation of key performance indicators, independent project analysis, independent case study about a market entry).

recommended or required reading

Struktur europäischer Energiemärkte im internationalen Vergleich I / II
- Schulz, W. et al., Die Entwicklung der Energiemärkte bis zum Jahr 2030, Prognos / EWI, Oldenbourg Verlag München 2005
- Dahl, C.A., International energy markets, Oklahama 2004
- Jamasb/Nillesen/Pollitt (2004), Strategic Behaviour under Regulatory Benchmarking, Energy Economics 26, 825-843
- Baur/Salje/Schmidt-Preuß (Hrsg.); Regulierung in der Energiewirtschaft, Carl Heymanns Verlag, 2011
- Haubold, S.; Kapitalkosten regulierter Stromnetzbetreiber, Frankfurt a. Main, Peter Lang Verlag, 2007
- Lantz, B.; Hybrid Revenue Caps and Incentive Regulation, Energy Economics 30, 688-695, 2008

assessment methods and criteria

Exam, Presentation, Discussion

language of instruction

German

number of ECTS credits allocated

3

course-hours-per-week (chw)

2

planned learning activities and teaching methods

Lecture, group work, presentation and task discussion

semester/trimester when the course unit is delivered

1

name of lecturer(s)

Dipl.-Ing. Harald Skopetz

year of study

1.year of studies

recommended optional program components

not applicable

course unit code

B.EMA.01

type of course unit

compulsory (integrated lecture)

mode of delivery

In-class course

work placement(s)

not applicable