ExEd Courses
Our two-day executive courses provide deep insights into energy economics and combine market expertise with immediately applicable practical knowledge for analysts and decision-makers. You simply cannot get more power markets in two days.
Key facts
- Two-day in-person courses in Berlin
- High-quality course materials
- Expand your knowledge and built your network
- All courses are taught by Lion Hirth, supported by his team
Pricing
- EUR 2,000 + VAT
- 25% discount for the public sector and non-profits
- Group discounts available
The Economics of Power Grids
21/22 May – English
A comprehensive introduction to the technology, economics, and regulation of electricity grids: from locational pricing and redispatch to network charges and dynamic grid fees. For anyone who operates, regulates or uses electricity grids.
- Key components of power grids: lines, cables, transformers, converters
- Load flow and congestion management
- Nodal pricing
- Zonal pricing, market coupling, and bidding zone split
- Locational incentives and markets for local flexibility
- The costs of power grids
- Regulating network operators
- Grid tariffs and how to reform them
- Demand-side flexibility and dynamic grid fees
Electricity Markets
11/12 June – English
An in-depth overview of how electricity markets function in practice, combining economic theory, regulation, and industry experience: from price formation and day-ahead auctions to balancing mechanisms and capacity markets. Designed for professionals who trade, regulate, analyze, or design electricity markets across the power sector.
- Marginal pricing and price formation on electricity markets
- Price spikes and scarcity pricing
- The day-ahead auction
- Intraday trading
- Balancing reserves
- Balancing responsibility and imbalance settlement
- Forward markets and hedging
- Renewables support schemes and CfDs
- Capacity mechanisms
- Locational pricing on electricity markets: uniform vs. zonal vs. nodal
- Retail electricity
The Economics of Renewables
25/26 June – English
A deep dive into the economics of wind and solar energy, from support schemes to merchant exposure. The course covers capture prices, PPAs, CfDs, and other remuneration models, with an emphasis on risk allocation, investment decisions, and the integration of renewables into competitive power markets. Designed for the full renewable value chain, from manufacturing to policy.
- Renewable generators: wind turbines, solar photovoltaics, hydroelectricity
- The renewables cost revolution – why solar (and wind) got so much cheaper
- The economic value of wind and solar energy: capture price and capture rate
- Mitigating the value drop: flexible power systems and “system-friendly” renewables
- PPAs
- Traditional support schemes: feed-in-tariffs, CfDs, One-sided CfDs
- Modern support schemes: annual reference prices and negative prices
- Production-independent support schemes
- Optimizing wind and solar operations
- Electricity storage and co-location
- Prosumers and self-consumption
- Commercialization of renewable energy (Direktvermarktung)
Grundlagen der Energiewirtschaft
28./29. Mai – Deutsch
Eine kompakte Einführung in Energie- und Netzwirtschaft sowie den politisch-regulatorischen Rahmen. Der Kurs vermittelt grundlegendes Verständnis von Stromsystem, Energieökonomik, Marktmechanismen und Regulierung. Für Berufs- und Quereinsteiger in Energieversorgungsunternehmen, Netzbetreibern, Projektentwicklung und Energiepolitik.
- Stromerzeuger: Kraftwerke, Windparks, Solar PV
- Stromgestehungskosten / LCOE
- Merit Order und Preisbildung
- Marktwert von Wind- und Solarenergie
- Strommärkte
- Risikomanagement und Hedging
- EE-Fördersysteme: von Marktprämie bis CfD
- Stromnetze: Freileitungen, Kabel, Trafos, Konverter
- Preiszonen und Zonenteilung
- Netzentgelte
- Die Batterie-Revolution