Overview
What you will study
The Evolution of Electricity Markets in Europe training offered by European University Institute (EUI) material starts by explaining the concept of marginal pricing, which has been in the spotlight since the onset of the European energy crisis. We also explain the rationale behind having a sequence of markets as is currently in place in Europe. This sequence starts with electricity being traded years ahead in long-term markets, the reference day-ahead market, intraday markets, and finally near real-time trade in balancing markets producing an imbalance price. We discuss the central role of the power exchange, which has been renamed as the Nominated Electricity Market Operators (NEMO) for quite some years now, in operating the day-ahead and intraday markets. In this week, we also briefly highlight the impact of the ongoing market reform on the existing market design.
Programme Structure
The program focuses on:
- Nominated Electricity Market Operators
- Marginal Pricing
- Auctions
- Continuous Trading
- Gate Closure Time
- Sequence of Power Markets
- Day-ahead Market
- Intraday Markets
- Balancing Energy Market
- Balancing Reserves
- Imbalance Price
- Long-term Markets
- Redispatch
Key information
Duration
- Part-time
- 2 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
Delivered
Disciplines
Electrical Engineering European StudiesWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- Broad target group of Adult learners
- Electricity markets experts and beginners
- Everyone affected by the electricity market integration in Europe, including: TSOs, NRAs, Governments, European Associations, Utilities, New Energy players, Stakeholders.
Tuition Fee
-
International
1100 EUR/fullTuition FeeBased on the tuition of 1100 EUR for the full programme during 2 months. -
EU/EEA
1100 EUR/fullTuition FeeBased on the tuition of 1100 EUR for the full programme during 2 months.
- General fee: 1100 €
- Students (with a certificate of current studies**): 440 €
- Four free seats for Star Donors
- Two free seats for Major Donors
- One free seat for Associate Donors