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Liberalization and the Energy Transition in Theory and Practice - Future Prospects for the Power Sector

Module name (EN):
Name of module in study programme. It should be precise and clear.
Liberalization and the Energy Transition in Theory and Practice - Future Prospects for the Power Sector
Degree programme:
Study Programme with validity of corresponding study regulations containing this module.
Industrial Engineering, Master, ASPO 01.04.2022
Module code: WIM22-WPM-W-405
SAP-Submodule-No.:
The exam administration creates a SAP-Submodule-No for every exam type in every module. The SAP-Submodule-No is equal for the same module in different study programs.
P450-0233
Hours per semester week / Teaching method:
The count of hours per week is a combination of lecture (V for German Vorlesung), exercise (U for Übung), practice (P) oder project (PA). For example a course of the form 2V+2U has 2 hours of lecture and 2 hours of exercise per week.
2V+2S (4 hours per week)
ECTS credits:
European Credit Transfer System. Points for successful completion of a course. Each ECTS point represents a workload of 30 hours.
6
Semester: 1
Mandatory course: no
Language of instruction:
German
Assessment:
Written exam (50% of the total grade); tests (25% of the total grade) and short talk (25% of the total grade)

[updated 08.05.2023]
Applicability / Curricular relevance:
All study programs (with year of the version of study regulations) containing the course.

WIM22-WPM-W-405 (P450-0233) Industrial Engineering, Master, ASPO 01.04.2022 , semester 1, optional course
Workload:
Workload of student for successfully completing the course. Each ECTS credit represents 30 working hours. These are the combined effort of face-to-face time, post-processing the subject of the lecture, exercises and preparation for the exam.

The total workload is distributed on the semester (01.04.-30.09. during the summer term, 01.10.-31.03. during the winter term).
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 180 hours (equivalent to 6 ECTS credits).
There are therefore 135 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Uwe Leprich
Lecturer:
Prof. Dr. Uwe Leprich
Dr. Jörg Strese


[updated 05.08.2022]
Learning outcomes:
After successfully completing this module students will:
•       be able to answer questions about the essential functions, business models and players in the energy industry
•       be able to identify the major change processes in the energy industry during the last decades and list them
•       characterize today´s electricity supply system from a historical perspective, in the present as well as in terms of future prospects
•       put essential developments and problem points of the liberalization of the energy industry and the energy transition into the overall context and subject them to a critical analysis and evaluation
•       successfully complete an examination to become a European energy trader

[updated 08.05.2023]
Module content:
1.      The structures, functions, actors, institutions and political frameworks of today´s energy industry will be presented in detail. The emphasis will be on change processes in   
         the energy sector and their effects, especially through deregulation, the nuclear phase-out, the energy transition, climate protection and the coal phase-out.
2.      The energy industry will be analyzed from the perspective of politics, economics and science, in some cases with external input from experts from the SaarLorLux region.
3.      An intensive training course on exchange trading will provide an in-depth overview of all sub-markets, framework conditions of exchange trading, trading products and price formation processes of the European Energy Exchange (EEX).  
 
In addition to the module exam, students can complete all of the academic assessmenst (exams, etc.) required to become an official European energy trader with trading authorizations on the energy exchanges in Paris and Leipzig (EEX - European Energy Exchange/ EPEX European Spot Exchange).


[updated 08.05.2023]
Teaching methods/Media:
•       The lectures will be held using slides and will be enriched by external contributions, as well as daily political topics. The trader training takes place using official scripts from the Energy Exchange as well as trading simulation software.

[updated 08.05.2023]
Recommended or required reading:
•       Bundesministerium für Wirtschaft und Energie/BMWi: Ein Strommarkt für die Energiewende, Juli 2015
•       Bundesministerium für Wirtschaft und Energie/BMWi: Strom 2030 - Langfristige Trends – Aufgaben für die kommenden Jahre, Mai 2017
•       Leprich, Uwe/Georgi, Hanspeter/Evers, Elfried: Strommarktliberalisierung durch Netzregulierung, Berlin 2004
•       Leprich, Uwe: „Transformation des bundesdeutschen Stromsystems im Spannungsfeld von Wettbewerb und regulatorischem Design“, in: ZNER - Zeitschrift für Neues Energierecht, Heft 2, 2013, S. 101-106
•       Monopolkommission: 7. Sektorgutachten Energie - Wettbewerb mit neuer Energie, 2019

[updated 08.05.2023]
[Thu Jun 20 11:05:18 CEST 2024, CKEY=wlueitua, BKEY=wim3, CID=WIM22-WPM-W-405, LANGUAGE=en, DATE=20.06.2024]