Electricity MarketsLaajuus (4 cr)

Objective

After completing the course, student will
- know the operating principles and structure of the electricity markets in Nordics
- be able to describe the components of total electricity price in typical cases
- be able to describe how electricity sales business is conducted in wholesale and retail markets
- know the regulation as well as the most important rights and obligations of grid companies
- know operating principles of reserve markets
- be able to make financial evaluation and profitability assessment for loads, storages and generation participating to electricity markets

Content

1. Electricity markets structure, operation and key stakeholders
2. Electricity total price
3. Electricity wholesale and retails markets
4. Grid business
5. Reserve markets
6. Financial evaluations and profitability