Checking date: 09/07/2020

Course: 2023/2024

Energy Economics II
Master in Industrial Economics and Markets / Máster Universitario en Economía Industrial y Mercados (Plan: 378 - Estudio: 270)

Coordinating teacher: ESCRIBANO SAEZ, ALVARO

Department assigned to the subject: Economics Department

Type: Compulsory
ECTS Credits: 6.0 ECTS


Students acquire knowledge of regulatory policies in the energy sector in Spain and in the EU. They will be able to separate the problems of management, use of every strategic decision and negotiation with the regulator technology. Also, the students get an extensive knowledge of Spanish and European energy markets and in particular in the power and the gas sectors. They will also be able to prepare reports and related project evaluation analysis.
Skills and learning outcomes
Description of contents: programme
ENERGY ECONOMICS II 1. Generation: Electricity and Gas 2. The European Market Coupling in Electricity 3. Risk Management 4. Perspectives of the Spanish Electricity Sector 5. Iberian Market Operator: Market Processes 6. Settlement and Clearing of Electricity 7. Transmission and System Operation I: The Spanish System 8. Transmission and System Operation II: Renewable Energy Integration 9. Transmission and System Operation III: An International Perspective 10. Introduction to the Gas System/ Access to the Gas System 11. The Spanish and European Gas System 12. Gas System Operation in Spain
Learning activities and methodology
Theoretical lessons Problem solving and case stady in the classroom Individual and group work to solve problems, simulations and case study Presentation of individual and group work Visits to leading centers in the sector. Exams
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100

The course syllabus may change due academic events or other reasons.