Objectives of Programme's Learning Outcomes

• Imagine, design, optimise, carry out and implement projects and solutions to address a complex problem by integrating needs, contexts and issues (technical, economic, societal, ethical and environmental).
• Identify complex problems to be solved and formulate the specifications by integrating client needs, contexts and issues (technical, economic, societal, ethical and environmental).
• Communicate and exchange information in a structured way - orally, graphically and in writing, in French and in one or more other languages - artistically, scientifically, culturally, technically and interpersonally by adapting to the intended purpose and the relevant public.
• Argue to and persuade customers, teachers and a board, both orally and in writing
• Adopt a professional and responsible approach, showing an open and critical mind in an independent professional development process.
• Analyse their personal functioning and adapt their professional attitudes.
• Show an open and critical mind by bringing to light technical and non-technical issues of analysed problems and proposed solutions.

Learning Outcomes of UE

•Demonstrate expertise and versatility in the sciences and technology •Formulate and analyze complex problems •Adopt an applied scientific approach •Innovate •Implement solutions  •Master scientific and technical communication •Be a critical, reflexive and independent professional •Be a responsible person, in step with the stakes of society. And, more specifically, understand the operation of energy markets (and their related optimization problems)

Content of UE

This teaching unit will be presented in English and composed of 4 main parts. Firstly, the current energy transition will be detailed from a geopolitic point of view and will settle the course by emphasizing on the major importance of markets in a stretched environmental context. Then, chapters 2 and 3 will respectively focus on fossil resources as well as electricity markets. Some practical examples relative to those markets will be provided and will allow to introduce optimization problems with a gradual complexity. More specifically, the history of the main economic changes dealing with the management of electricity resources since the second world war will be drawn. Important theoretical notions of economic regulation will afterwards be introduced with some illustrative examples. Indeed, actually, markets are controlled by independent regulators whose objective is to ensure a "perfect" competition and a "fair" energy cost for everyone (with related optimization problems). Finally, a last chapter will explore possible future exchange platforms (bitcoins, peer-to-peer trading, cooperative mechanisms...).  

Prior Experience

Not applicable

Type of Assessment for UE in Q2

• Oral Examination

Q2 UE Assessment Comments

Oral examination with written preparation (applicative questions): 100% of the final mark

Type of Assessment for UE in Q3

• Oral examination

Q3 UE Assessment Comments

Oral examination with written preparation (applicative questions): 100% of the final mark