![]() | Study programme 2025-2026 | Français | |
![]() | Energy Economics | ||
Programme component of Master's In Energy Engineering (MONS) (day schedule) à la Faculty of Engineering |
| Code | Type | Head of UE | Department’s contact details | Teacher(s) |
|---|---|---|---|---|
| UI-M2-IRENER-303-M | Compulsory UE | DE GREVE Zacharie | F101 - Génie Electrique |
|
| Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Credits | Weighting | Term |
|---|---|---|---|---|---|---|---|---|---|
| Anglais | 20 | 16 | 0 | 0 | 0 | 3 | 3.00 | 1st term |
| AA Code | Teaching Activity (AA) | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term | Weighting |
|---|---|---|---|---|---|---|---|---|
| I-GELE-201 | Energy Economics | 20 | 16 | 0 | 0 | 0 | Q1 | 100.00% |
| Programme component |
|---|
Objectives of Programme's Learning Outcomes
Learning Outcomes of UE
Understand the organization of the energy markets at the wholesale and retail levels, in the EU and worldwide
Be a critical and responsible person aware of the realities of the liberalized energy sector
UE Content: description and pedagogical relevance
Chap. 1: Energy and society (evolution of the energy consumption and its main drivers)
Chap. 2: Basic notions of micro-economy (offer/demand modeling, notion of market equilibrium, theory of the firm, market imperfections)
Chap. 3: Peculiarities of wholesale energy markets (energy markets general characteristics, the rent phenomenon, notions of regulation, externalities)
Chap. 4: Focus on European electricity markets (sizing the electricity generation mix and the missing money problem, energy, reserve, imbalance, capacity remuneration, retail amrkets, emerging market mechanisms)
Seminars by industrial stakeholders. Upon availabilities:Belgian Transmission System Operator for electricity - ELIA , Belgian Federal regulator - CREG, Waloon Distribution System Operator for electricity and Gaz - ORES, Belgian Transmission System Operator for Gaz - FLUXYS)
Prior Experience
Not applicable
Type of Teaching Activity/Activities
| AA | Type of Teaching Activity/Activities |
|---|---|
| I-GELE-201 |
|
Mode of delivery
| AA | Mode of delivery |
|---|---|
| I-GELE-201 |
|
Required Learning Resources/Tools
| AA | Required Learning Resources/Tools |
|---|---|
| I-GELE-201 | Course slides |
Recommended Learning Resources/Tools
| AA | Recommended Learning Resources/Tools |
|---|---|
| I-GELE-201 | Not applicable |
Other Recommended Reading
| AA | Other Recommended Reading |
|---|---|
| I-GELE-201 | Not applicable |
Grade Deferrals of AAs from one year to the next
| AA | Grade Deferrals of AAs from one year to the next |
|---|---|
| I-GELE-201 | Unauthorized |
Term 1 Assessment - type
| AA | Type(s) and mode(s) of Q1 assessment |
|---|---|
| I-GELE-201 |
|
Term 1 Assessment - comments
| AA | Term 1 Assessment - comments |
|---|---|
| I-GELE-201 | Oral exam in session |
Resit Assessment - Term 1 (BAB1) - type
| AA | Type(s) and mode(s) of Q1 resit assessment (BAB1) |
|---|---|
| I-GELE-201 |
|
Resit Assessment - Term 1 (BAB1) - Comments
| AA | Resit Assessment - Term 1 (BAB1) - Comments |
|---|---|
| I-GELE-201 | NA |
Term 3 Assessment - type
| AA | Type(s) and mode(s) of Q3 assessment |
|---|---|
| I-GELE-201 |
|
Term 3 Assessment - comments
| AA | Term 3 Assessment - comments |
|---|---|
| I-GELE-201 | Oral exam in session |