Content: How are electricity markets designed in Europe?

Study materials: If a newcomer to the field, learn the basics of what is electricity and what it takes to supply it.  Then you should be ready to review the electricity market design as it can be found in Europe (spoiler alert: it is a layered stack of multiple markets operating simultaneously!) Here, we can thank Bilal Dahlab for his accessible explanations and move to TU Delft's Laurens de Vries and his insight into the market's organizing principles.

Get ready: First, try to come up with as many distinctive features by which we can differentiate between the individual sources for electricity production. Which ones are typical for conventional sources? Which for renewable energy? Are there differences within these groups?  Second, once you have the list of features, think which ones are reflected in the current market design and how?