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Challenges in Energy Markets I (Energy in the 21st Century)

Modul WI001039

Dieses Modul wird durch Professur für Investment, Finance and Risk Management in Energy Markets (Prof. Wozabal) bereitgestellt.

Diese Modulbeschreibung enthält neben den eigentlichen Beschreibungen der Inhalte, Lernergebnisse, Lehr- und Lernmethoden und Prüfungsformen auch Verweise auf die aktuellen Lehrveranstaltungen und Termine für die Modulprüfung in den jeweiligen Abschnitten.

Modulversion vom WS 2011/2

Von dieser Modulbeschreibung gibt es historische Versionen. Eine Modulbeschreibung ist immer so lange gültig, bis sie von einer neuen abgelöst wird.

verfügbare Modulversionen
SS 2017WS 2016/7SS 2015WS 2011/2

Basisdaten

WI001039 ist ein Semestermodul in auf das unregelmäßig angeboten wird.

Das Modul ist Bestandteil der folgenden Kataloge in den Studienangeboten der Physik.

  • Allgemeiner Katalog der nichtphysikalischen Wahlfächer
GesamtaufwandPräsenzveranstaltungenUmfang (ECTS)
90 h 30 h 3 CP

Inhalte, Lernergebnisse und Voraussetzungen

Inhalt

The first part of this two-part lecture presents the expectations for the energy market up to 2030 and the mix of power generation technologies. The current changes taking place in energy markets vary from region to region and depend on the respective approaches in developing and expanding of an economical, sustainable and secure energy system. The cases of selected countries are examined in detail, with attention focused on Germany s energy transition. The second part of the lecture deals with global competition, features of the various business models and their strategic implications for suppliers of energy technologies. The views presented in the two lectures are based on the portfolio, worldwide set-up and business strategy of Siemens Energy. The third part of the module features an excursion to the world s most efficient combined cycle power plant in Irsching, near Ingolstadt.

Lernergebnisse

Following the two lectures and excursion, students should be familiar with the fundamental changes taking place in the worldwide energy markets, and the specific challenges facing these markets. The interactions of market mechanisms and their technical, macroeconomic and microeconomic impact are explained using Germany s energy transition as an example. Students gain insights in the competitive environment and the various business models of a manufacturer of energy technologies, based on examples of selected technologies. They also learn to identify key success factors for business development and can independently evaluate business models from the viewpoint of the capital market.

Voraussetzungen

None

Lehrveranstaltungen, Lern- und Lehrmethoden und Literaturhinweise

Lehrveranstaltungen und Termine

ArtSWSTitelDozent(en)Termine
VO 2 Challenges in Energy Markets (WI001039) einzelne oder verschobene Termine

Lern- und Lehrmethoden

The module consists of two lectures with exercises and a concluding excursion. In the exercises, students independently answer concrete questions and analyze selected case studies. The module is rounded out with a tour of a combined cycle power plant.

Medienformen

Presentation with script

Literatur

- Burger, M.; Graeber, B.; Schindlmayr, G.: Managing Energy Risk: An Integrated View on Power and Other Energy Markets. John Wiley & Sons, 1st Edition, 2007.
- Erdmann, G.; Zweifel, P.: Energieökonomik – Theorie und Anwendungen. Springer, 2. Auflage, 2010.
- International Energy Agency, World Energy Outlook
- Konstantin, P.: Praxisbuch Energiewirtschaft. Energieumwandlung, ­transport und –beschaffung im liberalisierten Markt. Springer, 2. Auflage, 2009.
- Schiffer, H.­W.: Energiemarkt Deutschland. TÜV­Media, 11. Auflage, 2010.
- Yergin, D.:The Quest­Energy, Security, and the Remaking of the Modern World, 2012.

Modulprüfung

Beschreibung der Prüfungs- und Studienleistungen

The module examination is based on a written exam at the end of the term. The final exam will last 60 minutes. As an auxiliary, dictionary is allowed. Notes and other materials are not permitted. The exam has two parts. The first part (≤ 60%) consists of multi-choice, true/false and matching questions. Students have to demonstrate that they are familiar with energy markets worldwide and their specific challenges. Further, they have to prove their awareness/understanding of current developments and challenges on energy markets. The second part (≥ 40%) consists of open questions. In the open questions, students have to explain business models of manufactures of energy technologies and compare and apply theoretical concepts applied in the energy industry.

Wiederholbarkeit

Eine Wiederholungsmöglichkeit wird im Folgesemester angeboten.

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