450-0509/01 – Trading with Electricity 2 (OE 2)

Gurantor department	Department of Cybernetics and Biomedical Engineering	Credits	3
Subject guarantor	Ing. Miloslav Kužela, Ph.D.	Subject version guarantor	Ing. Miloslav Kužela, Ph.D.
Study level	undergraduate or graduate	Requirement	Optional
Year	3	Semester	summer
		Study language	Czech
Year of introduction	2008/2009	Year of cancellation	2009/2010
Intended for the faculties	FEI	Intended for study types	Bachelor

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
KUZ10	Ing. Miloslav Kužela, Ph.D.
SOL0012	Ing. Pavel Šolc

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+1
Part-time	Credit and Examination	0+10

Subject aims expressed by acquired skills and competences

The objective of the subject is to acquaint students with the electric energy trading in the energy market in the Czech Republic and in Europe.

Teaching methods

Summary

The subject outlines basic issues related to the electricity trade. The subject focuses on a theoretical and legal part necessary for electricity trading as well as on practical examples of solving specific electricity deals. Both types of the electricity trade – trading and supplies to final consumers – are emphasized. Within the subject scope the learners will also become acquainted with the contents of concrete contracts contained in the Energy Act and with the rights and duties of particular contracting parties.

Compulsory literature:

Recommended literature:

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1) The system access mode and variation responsibility 2) Contracts in the electricity market and their appurtenances a) Electricity wholesale – trading b) Electricity retail – sale to final consumers 3) Products in the electricity market and marketplaces 4) Purchase optimization from the perspective of trade orientation 5) Sale of electricity to final consumers 6) Optimization of sale prices and purchase prices – business partners’ portfolio construction 7) Support services 8) Accounting of variations – in detail 9) Portfolio construction and risk management 10) Derivatives in the electricity market 11) Distinctions of trading electricity on the stock exchange and in the spot market 12) Cross-border trade 13) Trading distinctions in the countries of Central Europe a) Germany and Austria – contract terms and trading distinctions, marketplaces, access to marketplaces b) Poland – contract terms and trading distinctions, marketplaces, access to marketplaces c) Slovakia – contract terms and trading distinctions, marketplaces, access to marketplaces d) Hungary – contract terms and trading distinctions, marketplaces, access to marketplaces 14) Broker systems – terms of their use 15) Information systems to support the electricity trade 16) PPS and OTE information systems 17) Load profiles, work with them and optimization of the work with load profiles.

Conditions for subject completion

Full-time form (validity from: 1960/1961 Summer semester)

Task name	Type of task	Max. number of points (act. for subtasks)	Min. number of points
Exercises evaluation and Examination	Credit and Examination	100 (100)	51
Exercises evaluation	Credit	45 (45)	0
Project	Project	45	0
Examination	Examination	55 (55)	0
Oral	Oral examination	55	0

Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic year	Programme	Field of study	Form	Study language	Tut. centre	Year	Type of duty
2009/2010	(B2645) Electrical Engineering, Communication and Computer Systems	(2608R004) Commercial Electrical Engineering	P	Czech	Ostrava	3	Optional	study plan
2009/2010	(B2649) Electrical Engineering	(3907R001) Electrical Power Engineering	P	Czech	Ostrava	3	Optional	study plan
2009/2010	(B2649) Electrical Engineering	(2602R014) Applied and Commercial Electronics	P	Czech	Ostrava	3	Optional	study plan
2009/2010	(B2645) Electrical Engineering, Communication and Computer Systems	(2608R004) Commercial Electrical Engineering	K	Czech	Ostrava	3	Optional	study plan
2009/2010	(B2649) Electrical Engineering	(3907R001) Electrical Power Engineering	K	Czech	Ostrava	3	Optional	study plan
2009/2010	(B2649) Electrical Engineering	(2602R014) Applied and Commercial Electronics	K	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2645) Electrical Engineering, Communication and Computer Systems	(2608R004) Commercial Electrical Engineering	P	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2645) Electrical Engineering, Communication and Computer Systems	(2608R004) Commercial Electrical Engineering	K	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering	(3907R001) Electrical Power Engineering	P	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering	(3907R001) Electrical Power Engineering	K	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering	(2602R014) Applied and Commercial Electronics	P	Czech	Ostrava	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering	(2602R014) Applied and Commercial Electronics	P	Czech	Rožnov pod Radhoštěm	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering		K	Czech	Šumperk	3	Optional	study plan
2008/2009	(B2649) Electrical Engineering	(2602R014) Applied and Commercial Electronics	K	Czech	Ostrava	3	Optional	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner