Study programme 2022-2023Français
Energy Markets
Programme component of Master's in Chemical Engineering ansd Materials Science (MONS) (day schedule) à la Faculty of Engineering

CodeTypeHead of UE Department’s
contact details
Teacher(s)
UI-M2-IRCHIM-610-MOptional UEVALLEE FrançoisF101 - Génie Electrique
  • DE GREVE Zacharie
  • TOUBEAU Jean-François
  • VALLEE François

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais400200055.002nd term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
I-GELE-200Energy Markets4002000Q2100.00%

Programme component

Objectives of Programme's Learning Outcomes

  • Imagine, design, implement and operate compounds, products and materials to specific properties and physical, chemical and biochemical solutions/processes leading to obtaining these materials by integrating needs, contexts and issues (technical, economic, societal, ethical, safety 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).
    • Evaluate the approach and results for their adaptation (optimisation, quality, environment, safety/security).
  • Mobilise a structured set of scientific knowledge and skills and specialised techniques in order to carry out missions of chemical engineering and materials science, using their expertise and adaptability.
    • Analyse and model a problem/process/producing pathway by critically selecting theories and methodological approaches (modelling, calculations), and taking into account multidisciplinary aspects.
    • Assess the validity of models and results in view of the state of science and characteristics of the problem.
  • Plan, manage and lead projects in view of their objectives, resources and constraints, ensuring the quality of activities and deliverables.
    • Define the project in view of its objectives, resources and constraints.
    • Respect deadlines and the work plan, and adhere to specifications.
  • Work effectively in teams, develop leadership, make decisions in multidisciplinary, multicultural, and international contexts.
    • Make decisions, individually or collectively, taking into account the parameters involved (human, technical, economic, societal, ethical, safety/security and environmental).
  • Communicate and exchange information in a structured way - orally, graphically and in writing, in French and in one or more other languages - 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.
    • 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)

UE Content: description and pedagogical relevance

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 Teaching Activity/Activities

AAType of Teaching Activity/Activities
I-GELE-200
  • Cours magistraux
  • Projets supervisés

Mode of delivery

AAMode of delivery
I-GELE-200
  • Face-to-face

Required Learning Resources/Tools

AARequired Learning Resources/Tools
I-GELE-200Not applicable

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
I-GELE-200Not applicable

Other Recommended Reading

AAOther Recommended Reading
I-GELE-200Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
I-GELE-200Unauthorized

Term 2 Assessment - type

AAType(s) and mode(s) of Q2 assessment
I-GELE-200
  • Production (written work, report, essay, collection, product, etc.) - To be submitted online
  • Oral examination - Face-to-face

Term 2 Assessment - comments

AATerm 2 Assessment - comments
I-GELE-200Oral examination with written preparation (applicative questions): 100% of the final mark

Term 3 Assessment - type

AAType(s) and mode(s) of Q3 assessment
I-GELE-200
  • Production (written work, report, essay, collection, product, etc.) - To be submitted online
  • Oral examination - Face-to-face

Term 3 Assessment - comments

AATerm 3 Assessment - comments
I-GELE-200Oral examination with written preparation (applicative questions): 100% of the final mark
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de dernière mise à jour de la fiche ECTS par l'enseignant : 06/05/2022
Date de dernière génération automatique de la page : 21/06/2023
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be