Approved by: Undergraduate Course and Curriculum Committee
Implementation Date: Spring 2015
Note: Deletions are strikethroughs. Insertions are underlined.
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ECGR 4172. Energy Markets. (3) Prerequisite: ECGR 4171. Energy and power systems in regulated and competitive environments and implications on business decisions for firms in these industries. Topics include: mechanism of energy markets; comparative market systems; determination of prices under different market structures; gas, oil, coal, and electricity market architecture; electricity market design; dispatch and new build decisions; smart grid and renewable energy in electricity markets; risk and risk management in energy including demand and price volatility and use of financial derivatives; and the impact of financial market trends and current and proposed policies on the energy industry.