Executive Course to master Electricity Markets

FSR’s new two-day course providing a comprehensive overview of the world of electricity markets starts today.

The Executive Course to master Electricity Markets discusses the micro-economics of wholesale power markets and their implications for energy policies.

To kick off the highly-interactive training participants are taking part in a special simulation: Adam Smith’s invisible hand – the spot market game and debrief.

This game illustrates the central efficiency properties of markets – and their limitations. Participants exchange a commodity that possesses many features of electricity. Equilibrium prices and profits are computed, and shown to converge towards the most efficient outcome. However, market imperfections such as limits to trade or the ability to manipulate prices, reduce the efficiency of markets.

Listen to Thomas-Oliver Léautier and Fabien Roques talk about the topics covered in this course in our podcast series:

Thomas-Olivier Leautier talks about Executive Course to Master Electricity Markets 

Fabien Roques Talks About Demand Response

For additional information please visit the course webpage.

 

 


More on Energy Policy

FSR has two new Executive Directors for Online Affairs and the World of Practice
FSR has two new Executive Directors for Online Affairs and the World of Practice

There has never been a more important time to build a digital school, connecting academia and the world of Practice…

Net zero: translating political will into action
Net zero: translating political will into action

The challenge of Net Zero: energy regulation and decarbonisation This Topic of the Month discusses some of the challenges regulators…

Commissioner Simson on gender equality and the EU Green Deal
Commissioner Simson on gender equality and the EU Green Deal

How does gender-equality fit into the EU Green Deal? Creating a “Union of equality” has been identified as a priority…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top