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WS 2014/15 - WS 2015/16


Energy Economics


Erdmann, Georg


Schriftliche Prüfung


Fakultät III

Institut für Energietechnik

33371400 FG Digitaler Wandel in Energiesystemen

BSc Energie- und Prozesstechnik


TA 8

Winter, Susanne


Learning Outcomes

- have a fundamental understanding of international energy markets including the analysis and modelling of sources, flows and sinks of primary energy - know methods and tools to analyse energy markets - have insights into new developments including the rising demand and the introduction of renewable energy sources, with the focus on international developments in the energy sector Lecture is equivalent to the German “Energiewirtschaft”-lecture, yet starting more from the basics. The module conveys: 20% Knowledge & Comprehension, 40 % Research & Evaluation, 40 % Application & Practice


1. Energy balance 2. Markets for fossil fuels 3. Electricity markets including generation from renewable sources 4. Markets for renewable energy 5. Markets for energy efficiency technologies 6. Use of modelling tools to evaluate innovations and state-regulation measures 7. Impacts on energy demand 8. Innovation processes 9. Evaluation of energy systems

Module Components


All Courses are mandatory.

Course NameTypeNumberCycleLanguageSWSVZ
Energy EconomicsVL0330L527WiSeEnglish4
Energy EconomicsUE0330L528WiSeEnglish2

Workload and Credit Points

Energy Economics (VL):

Workload descriptionMultiplierHoursTotal
90.0h(~3 LP)

Energy Economics (UE):

Workload descriptionMultiplierHoursTotal
30.0h(~1 LP)

Course-independent workload:

Workload descriptionMultiplierHoursTotal
Vorbereitung der Prüfungsleistung1.060.0h60.0h
60.0h(~2 LP)
The Workload of the module sums up to 180.0 Hours. Therefore the module contains 6 Credits.

Description of Teaching and Learning Methods

Vorlesung: Based on the theoretical foundations and models of the individual energy markets, up-to-date energy market data are analyzed and evaluated. Übung: Examples of market developments are discussed in order to deepen the methodological knowledge of the students. Based on the trading software developed at the chair Energy systems, the students will have the opportunity to simulate the electricity markets.

Requirements for participation and examination

Desirable prerequisites for participation in the courses:

It would be helpful if the students have some basic economic knowledge, in particular production planning and investment planning. The student should be interested in energy policy, Interesse an der aktuellen Entwicklung der Energiemärkte und der Energiepolitik.

Mandatory requirements for the module test application:

No information

Module completion



Type of exam

Written exam




No information

Duration of the Module

The following number of semesters is estimated for taking and completing the module:
1 Semester.

This module may be commenced in the following semesters:

Maximum Number of Participants

The maximum capacity of students is 40.

Registration Procedures

Registration is at the regristration office (Prüfungsamt). As long as no central electronic application system exists, students have to register electronically at the module website too.

Recommended reading, Lecture notes

Lecture notes

Availability:  unavailable


Electronical lecture notes

Availability:  available



Recommended literature
Energieökonomik Theorie und Anwendungen Erdmann, Georg, Zweifel, Peter 2008, XX, 376 S. 88 Abb., Geb. ISBN: 978-3-540-71698-3

Assigned Degree Programs

This module is used in the following Degree Programs (new System):

Studiengang / StuPOStuPOsVerwendungenErste VerwendungLetzte Verwendung
This module is not used in any degree program.


No information