The lecture "Energy Market Engineering" addresses the design and analysis of energy markets considering current developments and challenges. A particular focus is on the integration of renewable energies and the associated market mechanisms and regulations.

Specifically, the following topics are covered:

• Introduction to Market Engineering: What design elements do markets and specifically auctions have in general, and what influence does this have on participant behavior.
• Introduction to Energy Markets: Fundamentals and current trends in the energy system, including climate change and the expansion of renewable energies.
• Market Design and Products: Various pricing models such as nodal pricing, zonal pricing, and the structure of capacity markets.
• Grid Expansion, Distribution Networks, and Flexibility Markets: Analysis of distribution network markets and the role of flexibility options like demand response and storage technologies.
• Intermittent Generation and Grid Stability: Challenges posed by fluctuating renewable energies and strategies to ensure grid stability.
• Digitalization and Market Transparency: The role of digitalization in improving market transparency and efficiency, including the use of smart metering systems and data-driven approaches.
• Current Research Projects and Developments: Presentation of ongoing research projects and their significance for the future design of energy markets.

• Erdmann G, Zweifel P. Energieökonomik, Theorie und Anwendungen. Berlin Heidelberg: Springer; 2007.
• Grimm V, Ockenfels A, Zoettl G. Strommarktdesign: Zur Ausgestaltung der Auktionsregeln an der EEX *. Zeitschrift für Energiewirtschaft. 2008:147-161.
• Stoft S. Power System Economics: Designing Markets for Electricity. IEEE; 2002.,
• Ströbele W, Pfaffenberger W, Heuterkes M. Energiewirtschaft: Einführung in Theorie und Politik. 2nd ed. München: Oldenbourg Verlag; 2010:349.

Die Vorlesung findet hybrid statt, mit Videos die während des Semester von den Studierenden eigenständig durchgearbeitet werden und einer Blockveranstaltung im Juli, welche die Vorlesungsinhalte anreichert und vertieft. Mehr Infos in der Auftaktverantsaltung in Präsenz in der ersten Vorlesungswoche.