Function of energy systems with a strong focus on the relationship between the structure of the technical systems and their respective economical boundary conditions (pricing, market, etc.), as well as the function and transformation of energy markets.
Main learning outcomes:
Be able to analyse the function and structure of the global energy system regarding energy type and industrial and political structure
Be able to analyse the function and price formation mechanisms of energy markets - globally as well as locally
Be able to assess the effect of climate changes on the transformation of the energy systems and energy markets
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