Economic Efficiency of Grid Operation
Component code / course code: EK-24.2
Semester: winter / summer
ECTS credits: 3
Lecture hours per week (SWS): 2
Lecturer: Prof. Grandel
Language: German / English
Prerequisites:
Basic knowledge of business administration as taught in modules 06 "General Business Administration", 02 "Economics" and 11 "Fundamentals of Finance and Investment". In addition, energy management basics from module EK-18 "Fundamentals of Energy Management and Climate Protection"..
Qualification objectives:
The focus of the analysis is on the grid economic and regulatory situation in Germany, whereby its integration into the context of European energy policy and regulation is also addressed. Both electricity and gas grids are considered across
all voltage levels and pressure levels. Specifics of the transmission grids (electricity) and long-distance gas grids (gas) in comparison to the distribution grids are taken into account. The students have a solid understanding of the business model of a network operator and its central tasks and processes.
They are able to make network economic calculations, know the role of the Federal Network Agency (BNetzA) and are able to prepare entrepreneurial decisions through business analyses. In doing so, they take into account the numerous regulatory implications in an appropriate manner. They have a holistic overview of network economic relationships and understand the business, economic and regulatory interactions, whereby they are aware of the different stakeholder perspectives.
Course contents:
- Network operator models
- Calculation of grid charges
- Expenditure and investment management
- General principles of network operation
- Regulatory systems and incentive regulation
- Return on equity
- Unbundling (unbundling)
- EEG levy and CHP levy
- Balancing group management, control power and control energy procurement
- Avoided grid charges
- Concessions and network transitions
- (Re)municipalisation
- Smart metering
Teaching format (e.g. online/in person lecture/Seminar/Lab etc.): Seminar-style teaching, assignments and case studies in individual and group work
Examination type: written exam
