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Module Number:
| 35401
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| Module Title: | Power System Economics II |
| |
Elektrizitätswirtschaft II
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| Department: |
Faculty 3 - Mechanical Engineering, Electrical and Energy Systems
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| Responsible Staff Member: | |
| Language of Teaching / Examination: | English |
| Duration: | 1 semester |
| Frequency of Offer: |
Every summer semester
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| Credits: |
6
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| Learning Outcome: | After attending the module "Power System Economics II," the student will have a deeper understanding of the new economic reality of liberalised energy markets. Furthermore, the student will be familiar with the various submarkets within the power market and how they function. |
| Contents: | - The European liberalisation process
- New requirements of the liberalised power markets
- The German power market and submarkets
- Pricing and investment
- Investment planning in electricity production
- Emissions from electricity production
- Electricity transport and distribution
- Investment and network charges
- Congestion management
- Market power
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| Recommended Prerequisites: | Participation at module 35303 - "Power System Economics I" is strongly recommended |
| Mandatory Prerequisites: | None |
| Forms of Teaching and Proportion: | -
Lecture
/ 2 Hours per Week per Semester
-
Exercise
/ 2 Hours per Week per Semester
-
Self organised studies
/ 120 Hours
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| Teaching Materials and Literature: | - Script (slides)
- Reference books
- Stoft, Steven: "Power System Economics", Wiley-Interscience (ISBN: 0-471-15040-1)
- Shively, B.; Ferrare, J.: "Understanding Today’s Electricity Business", Enerdynamics (ISBN: 0-9741744-1-6)
- Hensing, I.; Pfaffenberger, W.; Ströbele, W.: "Energiewirtschaft", Vahlen Verlag (ISBN: 3-486-24315-2)
- Energy sector magazines
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| Module Examination: | Continuous Assessment (MCA) |
| Assessment Mode for Module Examination: | - Written examination (duration 60 minutes) 60 %
- 2 Seminar works including presentation (duration 15 minutes) 40 %
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| Evaluation of Module Examination: | Performance Verification – graded |
| Limited Number of Participants: | None |
| Part of the Study Programme: | -
Abschluss im Ausland /
Betriebswirtschaftslehre /
keine PO
-
Master (research-oriented) /
Elektrotechnik /
PO 2019
- 1. SÄ 2020
-
Master (research-oriented) /
Elektrotechnik /
PO 2023
-
Master (research-oriented) /
Energietechnik und Energiewirtschaft /
PO 2021
- 1. SÄ 2024
-
Abschluss im Ausland /
Maschinenbau /
keine PO
-
Master (research-oriented) /
Maschinenbau /
PO 2006
- 2. SÄ 2012
-
Abschluss im Ausland /
Power Engineering /
keine PO
-
Structural Doctoral Programme /
Power Engineering /
PO 2021
-
Abschluss im Ausland /
Wirtschaftsingenieurwesen /
keine PO
|
| Remarks: | None |
| Module Components: | - Power System Economics II (Lecture)
- Power System Economics II (Exercise)
|
| Components to be offered in the Current Semester: | |
