Energy Management
Energiemanagement
6 CPSummerEN
Prerequisites
Mandatory, as written
No successful participation in associated phase-out module 11698 Energiemanagement.
Recommended, as written
Basic knowledge about the formation of prices on electricity markets (in particular about the "merit order" on the supply side and "seasonality" on the demand side). These can be acquired by literature study or participation in one of the following courses of the modules: • 35101 Allgemeine Energiewirtschaft II or • 35303 Power System Economics I
Contents
• Markets for energy supply • Products (forwards, futures and options) • Insight into practice: One day on a trading floor • Energy distribution • Optimal management of an open position • Interaction between supply and distribution • Performance measuring in energy utilities • Risk management: Price risks, Quantity risks, Credit risks, Other risks • Handling of autoproduction • Portfolio management of natural gas • Power plant dispatch optimization and tendering of control reserve
Learning outcomes
The module enables students to assess the energy supply and distribution of a company. Furthermore, they are able to evaluate different consumption profiles. They have knowledge of supply options (markets and products), can structure a supply portfolio (portfolio management) and classify related risks (risk management). In addition, the students learn how to manage a portfolio with power plants (make-or-buy, power plant dispatch optimization) and market flexibility (tendering of control reserve).
Assessment
• Written examination, 90 minutes
Literature (1)
- Script (slides)
Source: BTU's module description · retrieved 28 Sep 2026Original