Virtual program of:edX |
The functioning of the energy markets, with the European electricity markets as an example.
The need for an energy transition and different economic approaches to achieve it.
The tools and economic instruments necessary to stimulate the energy transition.
Discuss energy transition policies and necessary regulations with policy makers and consumer organisations.
Evaluate the effectiveness of economic policy measures in the energy transition.
3 months. 4 - 6 hours per week suggested.
2 virtual courses in soft skills
With the energy transition at the top of the agenda within the energy sector, an efficient and sustainable energy system that reliably serves customers is needed more than ever.
This program aims to help strategic decision makers, economists, policy advisors and regulators, as well as practicing and future engineers, gain a deeper understanding of energy markets.
You will learn how modern energy markets work, the latest changes they are undergoing and the direction they point to in the future.
To realize how change can be fostered and innovative energy policy developed, it is essential to understand the economics of energy systems and their current problems.
Therefore, in the first course you will become familiar with the fundamentals of energy markets and what influences their design and regulation.
The economic theory is explained and illustrated using the European electricity markets.
Using real-life examples, we will dive into the complex energy system and understand the economic principles that drive it, the different energy markets that exist, the important role of electricity grids, and how investment in the electricity sector is incentivized.
After the first step, it's time to start speculating about the future.
How do we go from the current market to what the European Union has planned for 2050? In the second course, you will learn about the economics of different renewable energy sources and other technologies that can help in this transition.
It will examine the business cases for renewable energy sources and technologies that can help the energy transition, and the government policies currently used to promote their growth.
Find out how the EU intends to decarbonise.
Insightful videos will teach you the factors driving the European energy markets of today and tomorrow.
Interactive assignments will demonstrate how the order of merit is chosen for different types of markets, applying the knowledge to many different scenarios.
Live practice sessions will take you through the auctions and markets where electricity, carbon credits, and government policies and subsidies for renewable energy are traded, giving you invaluable insight into the inner workings of these markets.
All this content and more will be the pillars of your conversations and debates on the future of electricity markets in Europe.
After this course, you will be in the driver's seat,
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