Module Handbook

  • Dynamischer Default-Fachbereich geändert auf WIW

Course WIW-RE-ENE-K-7

Energy Economics (3V, 4.5 LP)

Course Type

SWS Type Course Form CP (Effort) Presence-Time / Self-Study
3 V Lecture 4.5 CP 45 h 90 h
(3V) 4.5 CP 45 h 90 h


CP, Effort 4.5 CP = 135 h
Position of the semester 1 Sem. in WiSe
Level [7] Master (Advanced)
Language [EN] English
Livecycle-State [NORM] Active


  • Energy Supply Chain, Energy Characteristics and Market Overview
  • Energy Fundamentals: Types of Power Plants for Energy Generation, Optimal Power Plant Park, Energy Markets, Merit Order and Renewable Energies
  • Econometrics: Simple Linear Regression, Multiple Linear Regression and Instrumental Variable Approach
  • Externalities, Market Failure, Market Power in Electricity Markets and Environmental Policy Instruments
  • Energy Storages
  • Retail Electricity
  • Vertical Integration


  • Textbook: Wooldridge, J.M. 2012 Introductory Econometrics: A Modern Approach. South-Western, Cengage Learning
  • Exercises & Solutions
  • Slides and other course materials

Requirements for attendance (informal)


Requirements for attendance (formal)


References to Course [WIW-RE-ENE-K-7]

Module Name Context
[WIW-RE-ENE-M-7] Energy Economics P: Obligatory 3V, 4.5 LP