Study programme 2025-2026Français
Energy Economics
Programme component of Master's In Energy Engineering (MONS) (day schedule) à la Faculty of Engineering

CodeTypeHead of UE Department’s
contact details
Teacher(s)
UI-M2-IRENER-303-MCompulsory UEDE GREVE ZacharieF101 - Génie Electrique
  • DE GREVE Zacharie
  • VALLEE François

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais201600033.001st term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
I-GELE-201Energy Economics2016000Q1100.00%

Programme component

Objectives of Programme's Learning Outcomes

  • Imagine, design, build and operate machines, equipment and processes to provide a solution to a complex problem of energy production, conversion and transmission by integrating the needs, constraints, context and technical, economic, societal, ethical and environmental issues.
    • Identify the complex problem to be solved and develop the specifications by integrating the needs, constraints, context and technical, economic, societal, ethical and environmental issues.
  • Mobilize a structured set of scientific knowledge and skills and specialized techniques to meet, with expertise and adaptability, the missions of the civil engineer in energy engineering.
    • Master and appropriately mobilize knowledge, models, methods and techniques related to solid and fluid mechanics, energy exchange, dynamic and vibratory behavior of systems, mechanical manufacturing and production, machine operation, physical phenomena, machines, equipment and processes related to the production, conversion and transmission of energy
  • Communicate and exchange information in a structured manner - orally, graphically and in writing, in French and in one or more other languages - at the scientific, cultural, technical and interpersonal levels, adapting to the goal pursued and the audience concerned.
    • Argue and convince, both orally and in writing, in front of a client, a colleague, teachers and juries.
  • Act as a responsible, open-minded, and critical professional in an autonomous professional development process.
    • Demonstrate openness and critical thinking by comparing the technical and non-technical aspects of the problems analyzed and the solutions proposed.

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

AAType of Teaching Activity/Activities
I-GELE-201
  • Cours magistraux
  • Séminaires

Mode of delivery

AAMode of delivery
I-GELE-201
  • Face-to-face

Required Learning Resources/Tools

AARequired Learning Resources/Tools
I-GELE-201Course slides

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
I-GELE-201Not applicable

Other Recommended Reading

AAOther Recommended Reading
I-GELE-201Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
I-GELE-201Unauthorized

Term 1 Assessment - type

AAType(s) and mode(s) of Q1 assessment
I-GELE-201
  • Oral examination - Face-to-face

Term 1 Assessment - comments

AATerm 1 Assessment - comments
I-GELE-201Oral exam in session

Resit Assessment - Term 1 (BAB1) - type

AAType(s) and mode(s) of Q1 resit assessment (BAB1)
I-GELE-201
  • Oral examination - Face-to-face

Resit Assessment - Term 1 (BAB1) - Comments

AAResit Assessment - Term 1 (BAB1) - Comments
I-GELE-201NA

Term 3 Assessment - type

AAType(s) and mode(s) of Q3 assessment
I-GELE-201
  • Oral examination - Face-to-face

Term 3 Assessment - comments

AATerm 3 Assessment - comments
I-GELE-201Oral exam in session
(*) 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 dernière mise à jour de la fiche ECTS par l'enseignant : 15/05/2025
Date de dernière génération automatique de la page : 14/03/2026
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be