Study programme 2020-2021 | Français | ||
Energy Markets | |||
Learning Activity |
Code | Lecturer(s) | Associate Lecturer(s) | Subsitute Lecturer(s) et other(s) | Establishment |
---|---|---|---|---|
I-GELE-200 |
|
|
|
Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term |
---|---|---|---|---|---|---|---|
Anglais | Anglais | 40 | 0 | 20 | 0 | 0 | Q2 |
Organisational online arrangements for the end of Q3 2020-2021 assessments (Covid-19) |
---|
|
Description of the modifications to the Q3 2020-2021 assessment procedures (Covid-19) |
Plan A : -Oral exam held physically in the classroom with a written preparation (no support allowed) and dealing with the understanding of the content of the course (70%) -Written report, to be provided on the exam day, on the project (analysis of an article in link with the content of the course) (30%) Plan B (if sanitary conditions do not allow a physical examn) : -Oral exam held on TEAMS with a written preparation (no support allowed) and dealing with the understanding of the content of the course (70%) -Written report, to be provided on the exam day, on the project (analysis of an article in link with the content of the course) (30%) |
Organisational arrangements for the end of Q2 2020-2021 assessments (Covid-19) online or face-to-face (according to assessment schedule)
Description of the modifications to the Q2 2020-2021 assessment procedures (Covid-19) online or face-to-face (according to assessment schedule)
Plan A : -Oral exam held physically in the classroom with a written preparation (no support allowed) and dealing with the understanding of the content of
the course (70%)
-Written report, to be provided on the exam day, on the project (analysis of an article in link with the content of the course) (30%)
Plan B (if sanitary conditions do not allow a physical examn) : -Oral exam held on TEAMS with a written preparation (no support allowed) and dealing with
the understanding of the content of the course (70%)
-Written report, to be provided on the exam day, on the project (analysis of an article in link
with the content of the course) (30%)
Content of Learning Activity
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...).
Required Learning Resources/Tools
Not applicable
Recommended Learning Resources/Tools
Not applicable
Other Recommended Reading
Not applicable
Mode of delivery
Type of Teaching Activity/Activities
Evaluations
The assessment methods of the Learning Activity (AA) are specified in the course description of the corresponding Educational Component (UE)