Course syllabus

Energy Markets

MVKN36, 7,5 credits, A (Second Cycle)

Valid for: 2021/22
Faculty: Faculty of Engineering, LTH
Decided by: PLED M
Date of Decision: 2021-04-13

General Information

Main field: Technology.
Elective Compulsory for: I3
Elective for: M5-en, W4-es
Language of instruction: The course will be given in Swedish


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.

Learning outcomes

Knowledge and understanding
For a passing grade the student must

Competences and skills
For a passing grade the student must

Judgement and approach
For a passing grade the student must


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. Conditions of future development in energy markets. Differnces between the Nordic and the global energy market.

Examination details

Grading scale: TH - (U,3,4,5) - (Fail, Three, Four, Five)
Assessment: Both individual examination and examination based upon group performance. Compulsory assignments are presented and discussed in group seminars. Participation in compulsory excercises and compusory seminars are obligatory as well as 3 tests based on the course literature. Approved exercises, tests and seminars are sufficient for final grade 3 "pass". For higher grades a written examination is required.

The examiner, in consultation with Disability Support Services, may deviate from the regular form of examination in order to provide a permanently disabled student with a form of examination equivalent to that of a student without a disability.


Assumed prior knowledge: Course in sustainable development, for example MVKF01 Energy and the Environment in Sustainable Development or equivalent.
The number of participants is limited to: No
The course overlaps following course/s: MVKN35

Reading list

Contact and other information

Course coordinator: Martin Andersson,
Examinator: Martin Andersson,
Course coordinator: Thommie Nilsson,
Course homepage:
Further information: The course is based on lectures, seminars, studies, reports and analysis as group exercises, and tests on compulsory readings with subsequent review and correction.