Most lessons and workshops will be recorded and accessible via this link.
|15/09/21||Lesson||Introduction and basics concepts from economics||Damien Ernst|
|22/09/21||Lesson||Energy Markets Overview||Thibaut Théate|
|29/09/21||Lesson||Day-ahead market part 1||Adrien Bolland|
|Day-ahead market part 2
Exercises 1 (solution)
|Measures of cost for electrical energy
Participating in electricity markets
(this class starts at 9:00am)
|Residential energy supplier (Video)
Residential electricity pricing offer (Video)
|System security and ancillary services
Exercises 2 (solution)
Exercises and Homework Q&A
|Trading over the electricity network
Exercises 3 (solution) and Homework Q&A
|17/11/21||Exercises and Homework Q&A||Exercises 4 (solution) and Homework Q&A||Antoine Dubois|
|24/11/21||Homework Q&A||Homework Q&A||Adrien Bolland|
|01/12/21||Homework Q&A (9:30 am to 11:30 am) at R.137||Homework Q&A||TAs|
|08/12/21||Homework submission||Homework submission (deadline at 23:59)||TAs|
|15/12/21||Homework and Exercises evaluation||Homework and Exercises evaluation||TAs|
Talks from previous years
- 28/10/2019 – Frédérik Demaret (EDF Luminus): Energy Trading
- 18/11/2019 – Bertrand Cornélusse (ULG): How does the European day-ahead electricity market work?
- 25/11/2019 – Jacques Gheury (CREG): Etude sur les moyens à mettre en œuvre pour faciliter l’accès à la gestion de la demande en Belgique.
Suggested supplementary readings
To further your understanding of the concepts presented in each lesson, a list of suggested articles is provided. Each of those is accompanied by a series of questions to help you identify the most important aspects that are discussed.
Note: (i) some of the linked material may only be available from within the ULiege network. Connect to ULiege’s VPN for remote access (ii) the research papers need to be studied for the assignment date.
The statement of the assignment is available here. The deadline to submit the assignment is 08/12/21 at 23:59. Check the statement for the submission details.
Part of the mark for the project will come from the evaluation of the report (same for all members of one group) and the rest of the mark will come from an oral discussion with the teaching assistants on 15/12/21 (different for each member). The schedule can be found here.
The exercises evaluation, organised on 15/12/21 at 8:30 in R21, is mandatory and will cover the content of exercises sessions 1 (questions 2 to 4) and 2 (questions 1 to 3).
The exam will be organised in sessions, either onsite or online. Each session will be around 2h long and group 4 to 6 students.
Each session will be organized in the following way.
- One of the assessors – Pr. Damien Ernst or an assistant – will give each student a question to answer.
- The student will then have some time to write down an answer to the question.
- Once the student is finished answering or when the assessor considers he/she had enough time to answer, the student and the assessor will have a discussion over the question and topics related to this question.
- This process will be repeated for one or two more questions.
Questions will cover both the theoretical courses given by Pr. Damien Ernst and the content presented by the TAs. Questions might be asked on the project.
The exam schedule is provided here. Please be present (be it physically or virtually) at least 10 minutes before the start of your session.