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| Semester | Herbstsemester 2023 |
| Angebotsmuster | Jedes Herbstsemester |
| Dozierende | Hannes Weigt (hannes.weigt@unibas.ch, BeurteilerIn) |
| Inhalt | In the lecture ‘Electricity Markets’ the economic structures in liberalized electricity markets will be examined. After a short overview on the basic functionality of electricity markets different topics will be discussed. The topics will cover current challenges associated to the ongoing transition towards a carbon free energy supply (i.e. integration of intermittent renewables, sector coupling). The main focus of the assessment will be on economic incentive structures and market and policy design. |
| Lernziele | The aim of the lecture is to provide a basic understanding of the market structure and architecture of electricity markets, the application of competitive and regulatory theories to case studies, and the capability to investigate current challenges in electricity markets from an economic perspective. |
| Literatur | The short overview on the basics of electricity markets are based on the textbooks "Power System Economics" by Steven Stoft, "Fundamentals of Power System Economics" by Daniel Kirschen and Goran Strbac, and “Regulation of the Power Sector” by Ignacio Pérez-Arriaga. In the discussion part, recent papers and reports will be used. All relevant literature will be provided as downloads. |
| Bemerkungen | Voluntary homework during the semester allow to obtain bonus points for the final written exam (bonus-points will only be added to exam points after a 4.0 has been reached without bonus!). Details are explained in the first lecture. |
| Weblink | Weblink |
| Teilnahmebedingungen | The lecture is part of the field courses in the Master in Economics and Public Policy. Understanding of basic micro-economics, industrial organization and numerical methods is recommended. |
| Anmeldung zur Lehrveranstaltung | Registration: Please enrol in the Online Services before the course starts. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. In order to get access to ADAM in time, it is best to enrol before the course starts though. Enrolment = Registration for the exam! |
| Unterrichtssprache | Englisch |
| Einsatz digitaler Medien | kein spezifischer Einsatz |
| Intervall | wöchentlich |
| Datum | 19.09.2023 – 05.12.2023 |
| Zeit |
Dienstag, 14.15-16.00 Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Module |
Modul: Field Electives in Economics and Public Policy (Masterstudium: Economics and Public Policy) Modul: Policy Field: Environment and Energy (Masterstudium: Economics and Public Policy) Modul: Specific Electives in International Business, Trade and the Environment (Masterstudium: Wirtschaftswissenschaften) Modul: Vorbereitung Masterarbeit Wirtschaftswissenschaften (Masterstudium: Sustainable Development) |
| Leistungsüberprüfung | Leistungsnachweis |
| Hinweise zur Leistungsüberprüfung | Written exam. |
| An-/Abmeldung zur Leistungsüberprüfung | Anm.: Belegen Lehrveranstaltung; Abm.: stornieren |
| Wiederholungsprüfung | keine Wiederholungsprüfung |
| Skala | 1-6 0,1 |
| Wiederholtes Belegen | beliebig wiederholbar |
| Zuständige Fakultät | Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch |
| Anbietende Organisationseinheit | Wirtschaftswissenschaftliche Fakultät / WWZ |