In this course I’ll be walking through the basics of electricity markets, explaining how electricity is generated, traded and transported to the homes and businesses that use it. You’ll hear about the key players in the market and how the current market structure evolved.
This course is aimed at newcomers to the electricity market, students and businesses wanting to understand more about how their energy risks arise.
I will start by introducing electricity as a concept and define some key terms. Then we will look at a brief history of the GB electricity market and how the current market structure has arisen.
This will lead to an overview of the electricity value chain, examining the key players in the GB market, and finally we will look in high level terms at the energy transition and the road to net-zero carbon dioxide emissions.