Wintersemester 24/25
Lehrveranstaltungen im Wintersemester 24/25
Exercise
Energy Trading (ET)
- Lecturer:
- Kateryna Chekriy, M.Sc.
- Contact:
- Term:
- Winter Semester 2024/2025
- Time:
- Friday 10-12 am (10:15-11:45)
- Room:
- R12 V02 D20
- Start:
- 25.10.2024
- End:
- 31.01.2025
- Language:
- English
- Moodle:
- Lecture in Moodle
- LSF:
- Lecture in LSF
- Linked Lectures:
Description:
Recap, discuss, apply and deepen topics covered during the lecture with the help of scientific papers, practical applications and training exercises. Improve theoretical knowledge as well as applied research skills.
Learning Targets:
Students
- are familiar with the structure of energy markets.
- are able to work with standard models for energy- and commodity markets.
- can valuate financial and energy-related assets, derivatives written on these underlyings and basic structured products.
- understand some of the important regulatory and financial concepts underlying the energy markets as well as othercommoditiy markets.
Outline:
- Principles of energy spot – and forward markets
- Futures, forwards and swaps
- Mathematical models for energy markets and energy price processes
- Modelling and valuation of derivatives used in energy markets Risk management in energy markets
Literature:
- Burger, M., Graeber, B. and Schindlmayr. G.: Managing Energy Risk: An Integrated View on Power and Other Energy Markets, John Wiley &Sons, 2007
- Kaminiski, V.: Energy Markets, RISK books, 2013
- Eydeland, A. and Wolyniec, K.: Energy and Power Risk Management, John Wiley & Sons, 2003
- Geman, H.: Commodities and Commodity Derivatives, John Wiley & Sons, 2005
- James, T.: Energy Markets: Price Risk Management and Trading, John Wiley & Sons, 2008.
Methods of Assessment:
Written exam (90 minutes)
Formalities:
Login into your ZIM account to access the Moodle key under "Material".
Material:
- The course material is only available to a restricted user group. You are either not logged in or not in the usergroup.