General structure of energy markets, market actors, physical and trade relations. Power market activities, boundaries and obligations. Pre-license and license processes, unlicensed production. Legal framework and investment models for power production. Legal framework and characteristics of transmission and other activities. Legal framework for the power grid and the right to connect. Regulations about renewable power resources. Security of supply and capacity mechanisms. Government subsidies, incentives and their effects on power markets. Privatization: legal framework, regulation and models. International agreements (e.g., TANAP) and regulation. Project financing and regulation. Auditing: Legal framework for sanctions and legal mechanisms. Discussions on current issues case studies and contract analyses.