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Energy market analysis

Course evaluation

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TN0351-20109 - Course evaluation report

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Additional course evaluations for TN0351

Academic year 2020/2021

Energy market analysis (TN0351-20147)

2020-11-02 - 2021-01-17


TN0351 Energy market analysis, 5.0 Credits



TechniqueTechnique Engineering including Work Science

Education cycle

Master’s level


Title Credits Code
Single module 5.0 0201

Advanced study in the main field

Second cycle, has only first-cycle course/s as entry requirements(A1N)

Grading scale

5:Pass with Distinction, 4:Pass with Credit, 3:Pass, U:Fail The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.



Prior knowledge

Knowledge equivalent to 120 credits, including

- 10 credits in energy systems or energy technology (see Additional information)

- 5 credits in electric power engineering (see Additional information)

- 5 credits in systems analysis (see Additional information)

- 5 credits in business administration or industrial management

Knowledge equivalent to Swedish 3 and English 5 from Swedish upper secondary school.


The objective of the course is to provide the student with knowledge of what affects supply and demand in different energy markets, as well as an understanding of how the development of energy systems is affected by both technical and social factors.

After completed course, the student should be able to

- summarise and discuss how energy markets and associated policy instruments are structured

- explain and evaluate the factors that control trade flows of fuels and energy, in a national and regional, as well as global context

- analyse and discuss market and business models in relation to technology development and changes in the energy system, the market and in customer preferences.

- On the basis of the technical system, conduct an energy market-relevant in-depth analytical study, presented in writing and orally, and also review and oppose other work


The course deals with the relationships between technology, economics and society in the development of different energy markets. Based on the technical system, the energy markets and trade are analysed, in particular markets for oil, coal, natural gas, waste, biofuels, district heating and electricity. A project work with an in-depth study in one of the sub-areas is implemented. A practical exercise in how optimisation tools can be used for decision support in the analysis of energy markets is included.

The course also covers:

- The structure of energy markets and stakeholders today and in the future

- Mechanisms that control supply and demand in energy markets

- Technical factors and the impact of product and raw material properties on energy trading and market development

- The design of electricity markets and their challenges linked to the integration of more renewable electricity into the system

- Factors that affect the price of electricity and how electricity is traded

- Zone and node pricing

- Optimisation tools for energy market analysis

- The consumer’s role in the future energy market, and centralized and decentralized production systems

- Market integration in different energy markets

- Ways to manage risk in energy markets

- Policy design and the impact of energy and climate policy on energy markets, in a Swedish as well as European or global context.

Subject integrated communication training is included.

The course is conducted in the form of lectures, exercises, compulsory seminars and individual studies as well as an in-depth project work, and is examined through written examination as well as oral and written presentation of project work and participation in compulsory parts of the course

Formats and requirements for examination

- Approved written and oral presentation of project work

- Approved participation in compulsory parts

- Passed examination
  • If the student fails a test, the examiner may give the student a supplementary assignment, provided this is possible and there is reason to do so.
  • If the student has been granted special educational support because of a disability, the examiner has the right to offer the student an adapted test, or provide an alternative assessment.
  • If changes are made to this course syllabus, or if the course is closed, SLU shall decide on transitional rules for examination of students admitted under this syllabus but who have not yet passed the course.
  • For the examination of a degree project (independent project), the examiner may also allow the student to add supplemental information after the deadline. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Other information

  • The right to take part in teaching and/or supervision only applies to the course date to which the student has been admitted and registered on.
  • If there are special reasons, the student may take part in course components that require compulsory attendance at a later date. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Additional information

The requirement for prior knowledge in energy systems or energy technology can be met by, for example TN0353 Introduction to energy systems 10 credits or 1FA401 Energy System Physics 10 credits. The requirement for prior knowledge in electric power engineering can be met by e.g. 1TE655 Power Engineering 5 credits or 1TE064 Electromagnetism and Power Engineering 10 credits. The requirement for prior knowledge in system analysis can be met by e.g. TN0343 Systems analysis with energy applications or 1RT316 Systems Analysis and Operations Research 5 credits.

Responsible department

Department of Energy and Technology

Further information

Determined by: PSR för civilingenjörsprogrammet i energisystem
Replaces: FÖ0338 Energihandel

Grading criteria

There are no Grading criteria posted for this course

Litterature list

  1. All litteratur finns att ladda ner på kursens Canvassida

Course facts

The course is offered as an independent course: Yes Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 12684 SEK Cycle: Master’s level
Subject: TechniqueTechnique Engineering including Work Science
Course code: TN0351 Application code: SLU-20109 Location: Uppsala Distance course: No Language: Swedish Responsible department: Department of Energy and Technology Pace: 35%