Energy Economics - Interactive curriculae of TU Ilmenau

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module properties Energy Economics in degree program Master Wirtschaftsingenieurwesen 2024
module number	200829
examination number	2500588
department	Department of Economic Sciences and Media
ID of group	2541 (Economic Theory)
module leader	Prof. Dr. Oliver Budzinski
term	summer term only
language	English
credit points	5
on-campus program (h)	22
self-study (h)	128
obligation	elective module
exam	alternative examination performance
details of the certificate	Preparation and presentation of a term paper Participation in input events and presentation on a topic assigned during the event. In the case of illness, a repeat examination will be offered.
link to Moodle course	https://moodle2.tu-ilmenau.de/course/view.php?id=1671
teacher	Dr. habil. Jörg Jasper
signup details for alternative examinations	This module contains at least one alternative exam part. Please note that this must usually be registered at the beginning of the semester in which it is offered. The lecturer and/or the examination office will inform you about the details and time periods. If necessary, be sure to ask the lecturer.
maximum number of participants	30
previous knowledge and experience	modules Mikroökonomik, Grundlagen der VWL
learning outcome	Students are able to describe the functioning and regulation of the European and US electricity markets and can critically assess them from an energy economics perspective. Students are able to explain the relationship between electricity generation, the wholesale electricity market, the grid and electricity sales and will be able to critically discuss economic problems at all market levels. Students are able to evaluate strategies for the decarbonization and climate neutrality of the electricity sector. By participating in the group discussion, they are able to establish argumentative relationships and enjoy discussions on energy economics.
content	The Energy Economics course deals with the functioning and regulation of electricity markets. The focus is on the German, and to some extent also the European and US electricity markets. The course provides insights into the areas of electricity generation, the wholesale electricity market, the grid and electricity sales. The current status of German and European regulation will be discussed. In addition, the planned decarbonization of the electricity sector with regard to a sustainable and climate-friendly/neutral electricity industry will be discussed. In addition to the theoretical basics (e.g. on the issue of capacity mechanisms), an insight into practical solutions is provided time and again.
media of instruction and technical requirements for education and examination in case of online participation	Power-Point slides, accompanying literature
literature / references	Relevant literature will be provided at the beginning of the semester.
evaluation of teaching