Energy Economics (OPEN UNI)

5 ECTS credits, Academic Year 2024-2025, 488508S
Are you interested about how electricity is prized and how economics are influencing the power system?

Enrollment period

-

Mode of delivery

Web-Based Studies
Independent study

Course study period

-

Price

75

Enrollment

Enrollment open
Enrollment ends .

75

Enroll

Education information

Basics of economics. What is a natural monopoly and why transmission and distribution are such? Economics of natural monopolies. Liberalization and deregulation of the electricity market. Regulation of electricity transmission and distribution sector in Finland. Costs related to electricity production. The role of electricity markets, balancing and reserve markets. Market based flexibility solution in the energy system. Regulation of electricity transmission and distribution sector in Finland. Carbon pricing, Emission Trading System, carbon leakage.

Education format

Continuous learning
Open university

Semester

Academic Year 2024-2025

Field of study

Engineering and technology

Teaching language

English

Course organiser

University of Oulu

Location

online

Maximum participants

5

Prerequisities and co-requisites

BSc studies ideally finalized before starting master's level courses. Passing the course will require some mathematics skills

Recommended to take renewable energy and energy system engineering courses prior to this course

Contact information

Guidance and counselling

avoin.yliopisto (at) oulu.fi
Last updated: 2.7.2024