International Comparison of the Structure of European Energy Markets II
level of course unit
Learning outcomes of course unit
After successfully completing the course, the students have a more in-depth understanding and an appreciable competence of analysis for specific individual energy markets. They have the expertise to understand the relationships between market environment, strategy and project landscape. They are able to assess the issues of market entry and respectively market exit based on concrete project examples in active and comprehensive application. They should be in a position to independently prepare and execute a company valuation including a business plan.
prerequisites and co-requisites
Selected energy markets in terms of their economic aspects (at the macroeconomic level, in form of case studies and discussion of actual press releases and publications).
Specific characteristics of individual energy markets, especially in economic aspects (formulation of pricing mechanisms and of contract structures).
Relationships between market environment, strategy and project landscape (particular priorities are monitoring and respectively the anticipation of market changes and the reaction to market changes).
Assessment of market entry, exit and respectively exit on the basis of concrete project examples (assessment and presentation of market entry respectively market exit analysis, determination of the optimal point in time, the weighting and assessment of the environmental factors).
Preparation, execution and analysis of company valuation including preparation of business plans (analysis and presentation of at least three companies from different value added steps).
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
number of ECTS credits allocated
planned learning activities and teaching methods
semester/trimester when the course unit is delivered
name of lecturer(s)
Dipl.-Ing. Harald Skopetz
year of study
recommended optional program components
course unit code
type of course unit
mode of delivery