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 |
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:
Additional study materials
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
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.