![]() | Study programme 2018-2019 | Français | |
![]() | Energy Markets | ||
Programme component of Master's Degree in Chemical and Materials Engineering à la Faculty of Engineering |
Code | Type | Head of UE | Department’s contact details | Teacher(s) |
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UI-M2-IRCHIM-561-M | Optional UE | VALLEE François | F101 - Génie Electrique |
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Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Credits | Weighting | Term |
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| Anglais | 60 | 0 | 0 | 0 | 0 | 5 | 5.00 | 2nd term |
AA Code | Teaching Activity (AA) | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term | Weighting |
---|---|---|---|---|---|---|---|---|
I-GELE-200 | Energy Markets | 60 | 0 | 0 | 0 | 0 | Q2 | 100.00% |
Programme component |
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Objectives of Programme's Learning Outcomes
Learning Outcomes of UE
•Demonstrate expertise and versatility in the sciences and technology •Formulate and analyze complex problems •Adopt an applied scientific approach •Innovate •Implement solutions •Master scientific and technical communication •Be a critical, reflexive and independent professional •Be a responsible person, in step with the stakes of society. And, more specifically, understand the operation of energy markets (and their related optimization problems)
Content of UE
This teaching unit will be presented in English and composed of 4 main parts. Firstly, the current energy transition will be detailed from a geopolitic point of view and will settle the course by emphasizing on the major importance of markets in a stretched environmental context. Then, chapters 2 and 3 will respectively focus on fossil resources as well as electricity markets. Some practical examples relative to those markets will be provided and will allow to introduce optimization problems with a gradual complexity. More specifically, the history of the main economic changes dealing with the management of electricity resources since the second world war will be drawn. Important theoretical notions of economic regulation will afterwards be introduced with some illustrative examples. Indeed, actually, markets are controlled by independent regulators whose objective is to ensure a "perfect" competition and a "fair" energy cost for everyone (with related optimization problems). Finally, a last chapter will explore possible future exchange platforms (bitcoins, peer-to-peer trading, cooperative mechanisms...).
Prior Experience
Not applicable
Type of Assessment for UE in Q2
Q2 UE Assessment Comments
Oral examination with written preparation (applicative questions): 100% of the final mark
Type of Assessment for UE in Q3
Q3 UE Assessment Comments
Oral examination with written preparation (applicative questions): 100% of the final mark
Type of Teaching Activity/Activities
AA | Type of Teaching Activity/Activities |
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I-GELE-200 |
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Mode of delivery
AA | Mode of delivery |
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I-GELE-200 |
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Required Reading
AA | |
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I-GELE-200 |
Required Learning Resources/Tools
AA | Required Learning Resources/Tools |
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I-GELE-200 | Not applicable |
Recommended Reading
AA | |
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I-GELE-200 |
Recommended Learning Resources/Tools
AA | Recommended Learning Resources/Tools |
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I-GELE-200 | Not applicable |
Other Recommended Reading
AA | Other Recommended Reading |
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I-GELE-200 | Not applicable |
Grade Deferrals of AAs from one year to the next
AA | Grade Deferrals of AAs from one year to the next |
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I-GELE-200 | Unauthorized |