Welcome

You are all welcome to the course on stochastic modeling of energy and commodities markets. We experience times with extreme and unprecedented power and gas prices. In the course we will look at stochastic models for explaining the risk in operating in these markets, and how to mitigate this risk with financial insurance products (forwards, futures and other derivatives). Also, the mechanisms behind the price fluctuations, the impact of weather variability, market structuring, transmission lines and transition to a carbon-free energy market will be discussed and analysed.

I am looking forward to seeing you in January in the lectures!