Syllabus academic year 2011/2012
(Created 2011-09-01.)
ENERGY MARKETSMVKN35
Credits: 6. Grading scale: TH. Cycle: A (Second Cycle). Main field: Technology. Language of instruction: The course will be given in Swedish. Alternative for: I3. Optional for: M4en. Course coordinator: Prof Jurek Pyrko, Jurek.Pyrko@energy.lth.se, Energy Sciences. Recommended prerequisits: FAFA15 Energy and Environmental Physics or quivalent course; MMVF01 Thermodynamics and Fluid Mechanics or equivalent course. Assessment: Both individual examination and examination based upon group performance. Compulsory assignments are presented and discussed in group seminars. Participation in compulsory excercises and 80 % of the lectures is obligatory as well as four tests based upon the study course literature. Approved exercises are sufficient for final grade 3 "pass". For higher grades a written examination is required. Home page: http://www.energy.lth.se.

Aim
The study course is intended to give knowledge in the energy markets structure, regulations and functions for electricity, heating and fuels, related to the energy balance and development of energy demand.

Knowledge and understanding
For a passing grade the student must

Skills and abilities
For a passing grade the student must

Judgement and approach
For a passing grade the student must

Contents
The study course will give knowledge about energy systems to energy demand development. Analysis of resource management, environmental, financial, etc, aspects. Capacity adjustment and system security. Delivery and its quality. Development of electricity and natural gas markets. Electricity and Natural Gas Act. Regulation and supervision of natural monopolies in electricity and gas networks. Energy prices - tariffs, fees and taxes. District heating and cooling - fundamentals and the Swedish market. District heating and cooling in international markets. Markets for car fuels and other fuels. Energy services. Conditions of future development in energy markets.

Literature
The study course literature is continously updated and is normally without charge accessible for the students from the Internet or the homepage of the study course.