SAE² 2021


Based on the success of the previous four Summer Academies, we proudly announce the organization of this years SAE Summer Academy on Energy.

The SAE Summer Academy on Energy will be held in 8-15th August, 2021, in Budapest, Hungary.

The main topic is the challenge of the energy markets.



Who can apply?

All university and college students can apply from all over the world, including BSc, MSc and PhD students. We warmly welcome students from fields engineering, IT, economics, science and management.



For application:



Application deadline: 20th April, 2021 1st May, 2021

Early-bird payment deadline: 1st June, 2021

Final payment deadline: 9th July, 2021



Early-bird registration fee: 420 €

Full price registration fee: 470 €

One optional day fee: 60 €

Both optional days fee: 80 €

Invite a friend and get a 10% discount. If a friend of yours registers with your invitation code, you will receive a 10% discount on your participation fee.2

The registration fee includes the cost of accommodation, breakfast, one hot meal a day, welcome reception, social programs, gala dinner, travelling during the programs of the Summer Academy for 8-13th August, 2021. 

One optional day fee includes accommodation for one more night, breakfast and one hot meal for the optional day 1 (14th August, 2021), travelling to the site visit. 

Both optional day fee includes accommodation for two more nights, breakfast and one hot meal for the optional day 1 (14th August, 2021), travelling to the site visit, and breakfast for optional day 2 (15th August, 2021). The costs of meals and social programs of optional day 2 are are not included in the fee.


Program, topics include1


  1. Basics of Energy Markets
  2. Types of Energy Markets
  3. What kind of Technologies are Used in the Energy Sector
  4. The Economic Aspects of Energy Markets: Calculation of Costs
  5. Portfolio Management
  6. The Aspects of the Transmission System Operator: Regulation and Scheduling
  7. Specific Operation of Day-ahead and Intraday Markets
  8. One Day of a Trader


Site visit: 

Hungarian Transmission System Operator



As at each academy, the participants take part in a project work related to the main topic. This year, the task will introduce the main operation of energy markets in practice, where the teams are the market participants who have to trade their production or cover their demands.


Social Programmes:

Besides the professional programs, we organize social programs to offer an opportunity to the participants to get to know each other and make informal interactions. Besides the welcome reception and the gala dinner, we also intend to show our guests the beautiful sights of Budapest.


Optional day 1

A site visit is planned to  the Paks Nuclear Power Plant, the biggest power plant of Hungary providing half of the electricity production of the country, and some extra social events.

Optional day 2

Those who wish to stay for this extra day may join us on a trip to one of the beautiful locations of the Hungarian countryside. 


The organizers reserve the right to make changes to the program.
1 The program of the Summer Academy can change due to special restrictions of the actual COVID-19 situation.
2 The discount can be used on both early bird and full price fees depending on the deadlines. The discount is not available on the optional day fees. Furthermore it can be activated only once by a participant.

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