227-0730-00L Power Market II - Modeling and Strategic Positioning
Semester | Spring Semester 2015 |
Lecturers | D. Reichelt, G. A. Koeppel |
Periodicity | yearly recurring course |
Language of instruction | English |
Courses
Number | Title | Hours | Lecturers | ||||
---|---|---|---|---|---|---|---|
227-0730-00 G | Power Market II - Modeling and Strategic Positioning | 4 hrs |
| D. Reichelt, G. A. Koeppel |
Catalogue data
Abstract | Model to price options, analysis of sensitivities, delta and gamma neutral hedging of a portfolio, financial modelling of physical assets, evaluation of power plants using discounted cash flows or real options, management of a portfolio. |
Objective | Model to price options, analysis of sensitivities, delta and gamma neutral hedging of a portfolio, financial modelling of physical assets, evaluation of power plants using discounted cash flows or real options, management of a portfolio. |
Content | 5. Options and derivatives 6. Hedging strategies 6.1 Delta and gamma-neutral hedging 6.2 Replicating portfolio 6.3 Option strategies 7. Finance and valuation 7.1 Valuation of assets, power stations and grids 7.2 Real options 8. Commodities 8.1 Commodity trading 8.2 Emission trading 8.3 Guarantees of orignation system 9. Marketing & Sales 9.1 Structured products 9.2 Marketing |
Lecture notes | Handouts - all material in English |
Prerequisites / Notice | 2 day excursion, presentations of invited speakers from the industry |
Performance assessment
Performance assessment information (valid until the course unit is held again) | |
Performance assessment as a semester course | |
ECTS credits | 6 credits |
Examiners | D. Reichelt, G. A. Koeppel |
Type | end-of-semester examination |
Language of examination | English |
Repetition | The performance assessment is only offered at the end after the course unit. Repetition only possible after re-enrolling. |
Additional information on mode of examination | Written Exam, 180 min. |
Learning materials
Main link | Information |
Only public learning materials are listed. |
Groups
No information on groups available. |
Restrictions
There are no additional restrictions for the registration. |