In this course students develop their expertise in energy policy and energy economics by dealing with current issues in energy policy and energy economics. They learn the ability to analyse complex issues, to present them in a way that is appropriate for the target group and to moderate a professional exchange.
Due to the close contact between the students and the supervisors, the students gain an in-depth insight into currently relevant developments in the energy markets.

This course provides a comprehensive understanding of international energy markets and their dynamics. By the end of the course, students will have gained a foundational knowledge of how these markets operate and will be equipped to conduct thorough analyses of various energy sectors. The curriculum covers national and international transport and consumption of key energy sources, including fossil fuels and renewables. Students will explore the external costs associated with energy use and the instruments used to mitigate these costs. They will also gain insights into the latest developments in energy economics and learn essential skills in cost accounting and capital budgeting specific to the energy sector.

The course is designed with a focus on 40% knowledge and comprehension, 40% application and practice, and 20% analysis and methods. Key topics include energy balances, fossil fuel and renewable energy markets, electricity generation, energy efficiency technologies, and the use of modeling tools to evaluate innovations and regulatory measures. Additionally, the course covers the impacts on energy demand, innovation processes in energy economics, and the evaluation of energy systems, providing a holistic view of the field. This blend of theory and practical application ensures a well-rounded learning experience for all participants. Additionally, you have the chance to participate in a bonus point group project, which can boost your grade of the exam.