| MATHEMATICS (TURKISH, PHD) | |||||
| PhD | TR-NQF-HE: Level 8 | QF-EHEA: Third Cycle | EQF-LLL: Level 8 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| COP4121 | GAMA Enerji - Introduction to Energy Trading and Investment Decisions | Fall | 3 | 0 | 3 | 6 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Dr. Öğr. Üyesi GÜRKAN SOYKAN |
| Course Objectives: | The course objectives are; - Introducing the Energy Markets and Concepts from different parts of the World examples, - Introducing Turkish Energy Market(s) and their fundamentals, - Defining and Explaining the power and gas trading value chain with details, - Increasing the audiences analatycial skills on several different energy specific issues (both trading and investments), - Increasing the intelligence level of audience on Energy Markets, Trading and Investment Decisions including contracts and law. |
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The students who have succeeded in this course; 1) will understand the fundamentals of energy markets 2) will understand the different market models and details of Turkish Energy Markets. 3) will learn the energy value chain and economic aspects. 4) will be capable of understanding the impacts of commercial decisions to operations of the power plants. 5) will have a general idea about reflections of commercial decisions and management of finance of a commercial operational company. 6) will develop a view about investment decisions and contractual implications. |
| The course content includes the fundamentals of energy markets and energy trading including the operational examples and details from world examples and Turkish Energy Companies with commercial arms. On the top of that the operations, finance and business development functions are supporting the content. |
| Week | Subject | Related Preparation | |
| 1) | Introduction to Energy Markets - Types of market models - Comparison of different market and investment models Introduction to Turkish Energy Markets - Historical Development and Current Market Model - Way forward & next steps | ||
| 2) | Introduction to Power and Gas Trading - Power and Gas Trading fundamentals - European Examples for mature markets - Power and Gas Trading fundamentals in Turkish Energy Markets | ||
| 3) | Details of Power and Gas Trading in Turkish Markets, - Front Office, Retail Sales - Front Office, Wholesale Screen Trading | ||
| 4) | Valuation of Options and Derivatives Portfolio Management - Optimum Portfolio Theory - Portfolio Management in Current Market Structure | ||
| 5) | Modelling - Fundamental Market Modelling - Statistical Modelling | ||
| 6) | Modelling - Uncertainty - Risk Risk Management in Trading | ||
| 7) | Commercial Asset Management and Dispatch | ||
| 8) | Back Offce and Finance Carbon Trading | ||
| 9) | Power Plant Operations and Management Digitalization in Power Plants Management | ||
| 10) | Contracts Management - Specific Energy Trading Applications and Laws - Investment and Financing Contracts | ||
| 11) | Investment Decisions, Modelling and Valuations | ||
| 12) | Finance Management of, - Energy Holding Company - Trading Company | ||
| 13) | Financing the Investments | ||
| 14) | Course Summary/Takeaways | ||
| Course Notes: | The course materials will be supplied by the lecturer via presentations and white papers. Energy Trading & Investing: Trading, Risk Management, and Structuring Deals in the Energy Markets, Second Edition 2nd Edition |
| References: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | % 0 | |
| Presentation | % 0 | |
| Project | 1 | % 40 |
| Seminar | % 0 | |
| Midterms | 1 | % 20 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 40 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 20 | |
| PERCENTAGE OF FINAL WORK | % 80 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 14 | 42 | |
| Laboratory | |||
| Application | |||
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 98 | |
| Presentations / Seminar | |||
| Project | 1 | 10 | |
| Homework Assignments | |||
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 2 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 2 | |
| Total Workload | 154 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution |