1. Introduction 
    • Energy market structures and participants
    • Energy demand
2. Basics of economics and investment appraisal
    • Demand curve and demand elasticity
    • Supply curve and supply elasticity
    • Market equilibrium and social welfare
    • The Net Present Value (NPV) Method
3. Fundamentals of energy markets


Alongside this course content, students must pass a learning assessment to participate in the subsequent group work phase. In this phase, students will work in project groups on a concrete topic related to energy markets and the methods learned in the class. They will prepare a written report, and present their results at the end of the semester. The final grad will be based on the report and the presentation.

Semester: SoSe 2026