課程大綱

       能源市場，由於其特殊之生產消費方式與重要性，長久以來一直為各國政府所經營。然而近年歐美澳等先進國家為求市場效率與民眾福祉，紛紛自由化其國內電力市場。如何建構一可靠的競爭市場制度，讓產電者、配電者、及輸電者在市場中能有效率地競爭與經營，並確保消費者與經濟發展不致受影響，是各國政府在電力自由化時所面臨的重大決策議題。

       本次講座特別邀請英國 London Business School 的 Derek Bunn 教授來台，以其與各國合作研究電力市場之經驗向與會者分享，並進一步探究如何利用 Agent-based 模擬模型協助電力市場之設計。
本次講題說明如下：

Lecture 1:

Understanding the Drivers of Change in Electricity Markets
Brief review of the fundamentals of power system economics, the introduction of competition and how the market mechanisms work. The strategic responses and the exercise of market power. Value migration in the supply chain and the pro-cyclical forces in the industry.

Lecture 2:

Modelling Prices in Electricity Markets
Modelling electricity markets and especially strategic agent behaviour. The use of system dynamics and intelligent agent based simulation. Time and technology permitting, participants will interact with a microworld simulation.

Lecture 3:

Modelling Strategic Behaviour in Electricity Markets
Econometric Specification of High Frequency Prices. Regime switching and time-varying parameter models. Volatility and Forward Risk Premia. Arbitrage with Capacity Auctions.