Study programme 2020-2021Français
Energy Markets
Programme component of Master's in Computer Engineering and Management à la Faculty of Engineering

Students are asked to consult the ECTS course descriptions for each learning activity (AA) to know what special Covid-19 assessment methods are possibly planned for the end of Q3

CodeTypeHead of UE Department’s
contact details
UI-M2-IRIGIG-561-MOptional UEVALLEE FrançoisF101 - Génie Electrique
  • DE GREVE Zacharie
  • TOUBEAU Jean-François
  • VALLEE François

of instruction
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais400200055.002nd term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
I-GELE-200Energy Markets4002000Q2100.00%
Programme component

Objectives of Programme's Learning Outcomes

  • Imagine, design, develop, and implement conceptual models and computer solutions to address complex problems including decision-making, optimisation, management and production as part of a business innovation approach by integrating changing needs, contexts and issues (technical, economic, societal, ethical and environmental).
    • Identify complex problems to be solved and develop the specifications with the client by integrating needs, contexts and issues (technical, economic, societal, ethical and environmental).
    • On the basis of modelling, design a system or a strategy addressing the problem raised; evaluate them in light of various parameters of the specifications.
  • Mobilise a structured set of scientific knowledge and skills and specialised techniques in order to carry out computer and management engineering missions, using their expertise and adaptability.
    • Analyse and model an innovative IT solution or a business strategy by critically selecting theories and methodological approaches (modelling, optimisation, algorithms, calculations), and taking into account multidisciplinary aspects.
    • Assess the validity of models and results in view of the state of science and characteristics of the problem.
  • Communicate and exchange information in a structured way - orally, graphically and in writing, in French and in one or more other languages - scientifically, culturally, technically and interpersonally, by adapting to the intended purpose and the relevant public.
    • Argue to and persuade customers, teachers and boards, both orally and in writing.
    • Use and produce scientific and technical documents (reports, plans, specifications) adapted to the intended purpose and the relevant public.
  • Adopt a professional and responsible approach, showing an open and critical mind in an independent professional development process.
    • Analyse their personal functioning and adapt their professional attitudes.
    • Show an open and critical mind by bringing to light technical and non-technical issues of analysed problems and proposed solutions.
    • Exploit the different means available in order to inform and train independently.

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

  • Oral Examination

Q2 UE Assessment Comments

Oral examination with written preparation (applicative questions): 100% of the final mark

Type of Assessment for UE in Q3

  • Oral examination

Q3 UE Assessment Comments

Oral examination with written preparation (applicative questions): 100% of the final mark

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
  • Cours magistraux
  • Projets supervisés

Mode of delivery

AAMode of delivery
  • Mixed

Required Reading


Required Learning Resources/Tools

AARequired Learning Resources/Tools
I-GELE-200Not applicable

Recommended Reading


Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
I-GELE-200Not applicable

Other Recommended Reading

AAOther Recommended Reading
I-GELE-200Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de génération : 09/07/2021
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111