Power System Economics II
Elektrizitätswirtschaft II
6 CPSummerEN
Prerequisites
Recommended, as written
Participation at module 35303 - "Power System Economics I" is strongly recommended
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
Learning outcomes
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.
Assessment
• Written examination (duration 60 minutes) 60 % • 2 Seminar works including presentation (duration 15 minutes) 40 %
Literature (6)
- 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
Remarks
No lectures in summer semester 2026.
Source: BTU's module description · retrieved 29 Sep 2026Original