F1IE 4205 - Network Energies: the Economics, Politics and Regulation of Electricity

This course analyses the electricity system across the value chain, from production all the way down to end-users. The basic functioning of the electricity market will be discussed, as well as the regulations that provide a framework for the functioning and further development of this market. The main focus will be on applied economics, politics and regulation, as the three are invariably linked and their interaction heavily influences outcomes in gas and electricity markets.
Core themes for electricity markets include: market structure, role of different stakeholders, the evolution of the power generation mix as well as the potential of distributed energy resources and entry barriers they make struggle with; adequacy concerns and possible solutions; new business models.
Learning Outcomes:
1. Develop a theoretical and practical understanding of the electricity value chains
2. Understand and critically analyse the design of electricity markets
3. Understand and critically analyse the business models and strategies of firms active in electricity markets
4. Understand and critically analyse the action of governments and regulatory agencies in electricity markets
5. Competently grasps current issues and debates in electricity policy

Timon DUBBELING,Eleanor MORRISON

Séminaire

English

Course Workload:
- In Class Presence: 2 hours a week / 24 hours a semester
- Online learning activities: 0.5 hours a week (average) / 12 hours a semester
- Reading and Preparation for Class: 6.5 hours a week (average) / 78 hours a semester
- Research and Preparation for Group Work: 2.33 hours a week (average) / 28 hours a semester
- Research and Writing for Individual Assessments: 40 minutes a week (average) / 8 hours a semester

Spring 2024-2025

Assessment:
- Exam– 50% of the final grade
Format: Individual take-home with open-ended questions
When: After session 12

-Group presentation – 50% of the final grade
Format: Pecha Kucha presentation with preparatory memo
When: Sessions 10-12 -Group presentation I – 25% of the final grade
Format: Company analysis OR Role play
When: Sessions 3 to 8
-Group presentation II – 20% of the final grade
Format: Pecha Kucha presentation with preparatory memo
When: Sessions 11 and 12
- Participation in class – 5% of the final grade

Pedagogical Format:
Written feedback on Exam will be provided.
Students will be able to request feedback during the weekly office hours.