Electricity Markets: Structure, Prices, and Strategic Behavior

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Información del curso

This program examines electricity markets from a structural, economic, and strategic perspective.

Rather than focusing on engineering or operational details, the course explains how electricity markets actually function, how prices emerge, how incentives shape behavior, and how structural constraints affect risk, investment, and strategic decisions.

Participants will develop the conceptual frameworks required to understand price formation, evaluate market risk, and make informed decisions in electricity-dependent environments.

Course Content

MODULE 1 — Foundations of Electricity Markets

  • Electricity as a Non-Storable Commodity
  • Why Electricity Markets Are Structurally Different
  • Physical Constraints and Market Design
  • Supply, Demand, and System Balance
  • Supply, Demand, and System Balance

MODULE 2 — Market Design and Institutional Structure

MODULE 3 — Price Formation and Economic Mechanisms

MODULE 4 — Cost Structures and Investment Incentives

MODULE 5 — Risk, Volatility, and Strategic Exposure

MODULE 6 — Strategic Behavior and Decision Frameworks