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Information on the course unit. It is suggested a basic knowledge of power sector operation and of economics of energy markets. Target skills and knowledge: The target of the course is to understand the new organization of electricity markets and to give to the students the knowledge to operate.
The course starts from the basics of the electricity economics and from the principles of regulation and aims at giving to the students the skills to successfully operate lorejzoni as seller, lorsnzoni or trader.
The aim of the course is to artudo ability to operate in an autonomous manner in the electricity market, nurturing a critical lorenzonl Examination methods: The exam is aimed to evaluate the capability to analyze market conditions and to take proper economic decisions. There is the possibility to give the exam with 2 Written classworks during the course. There are the following sessions of exams orals: Knowledge of the material supplied during the lessons and ability to solve exercises on the electricity market.
Critical capability to operate on the market Course unit contents: The lessons are related to the following topics: Price regulation; organization of the electricity industry. Plant despatch and merit order: The operation of the power exchange and the capacity market. The markets for the environment: Financial products for the power market. Principles of finance for hedging electricity contracts.
Planned learning activities and teaching methods: Most of the course is given with frontal lessons; some reading are given and then discussed in class, to stimulate the critical skills.
A simulation of the electricity market is made. Additional notes about suggested reading: Slides of the lessons.
Textbooks and optional supplementary readings Lorenzoni, Arturo, Appunti di Economia del mercato elettrico. Teaching and learning strategies. Software or applications used. Moodle files, quizzes, workshops, First cycle degree courses. Second cycle degree courses.
il Mulino – Volumi – ARTURO LORENZONI
Single cycle degree courses. Department of Industrial Engineering. The aim of the course is to give ability to operate in an autonomous manner in the electricity market, nurturing a critical approach. Critical capability to operate on the market. Planned learning activities and teaching methods:.
Textbooks and optional supplementary readings. Lorenzoni, Arturo, Appunti di Economia del mercato elettrico.