Deregulating power markets are changing the nature of power trading around the world. In Europe, the power markets are adjusting to this evolving structure. Wholesale power trading is changing from a market dominated by large monopoly utility companies doing long-term contracts at stable prices, to a market with many new entrants, a high degree of competition, price volatility and very short-term contracts.

This course examines power trading in Europe: the different motivations for trading, the fundamentals of the market, the different types of power markets and contracts (including European power exchanges and pools), and how deregulation is affecting the industry.

Please note that the Flash browser plug-in is required to take this course. It is available for free here.