Electricity marketsLaajuus (3 cr)

Objective

After completing the course, student will

- recall structure of electricity markets and how they work. Furthermore, student can explain operating principle of Nordic electricity markets.
- can explain how electricity prices are determined in Nordic electricity markets and the principles of balancing power markets
- identify the most essential risks related to electricity markets and recalls methods for risk management
- recalls legislation and regulation models related to electricity grids
- identifies factors influencing development of electricity markets

Content

1. Structure and stakeholders of electricity markets
2. Electricity prices, trading and balancing power markets. Imbalance settlement.
3. Electricity exchange and risk management
4. Legislation and regulation models related to electricity grids

Qualifications

Sähkötekniikan perusteet