F1IE 4005 - Energy Economics

Throughout history, the course of our world has been profoundly influenced by the dynamics of energy. The primary aim of this course is to provide an in-depth understanding of the key energy-related challenges we face today from an economic perspective. The course will begin with a general overview of the major energy markets, including those for crude oil and natural gas. Subsequently, we will investigate renewable energy markets. We will then analyse electricity markets, including existing structures and models and regulatory aspects. We will conclude by looking at electricity access, as well as energy efficiency and carbon markets..

Learning Outcomes:

• Deep knowledge of the economic drivers of energy markets.
• Regulation of energy markets.
• In-depth knowledge of energy transition issues.

Professional Skills:

• Research & Analysis: Students will be able to gather and analyze relevant information to increase understanding on energy economic topics.
• Critical thinking: Students will be able to engage in reflective and independent thinking on energy transition topics.
• Problem solving: Students will be able to use generic or ad hoc methods in an orderly manner to find solutions in energy transition issues.

50% Common Final Exam

40% Midterm Exam

10% Class Participation.

• In-Class Presence: 2 hours a week (24 hours a semester) for “cours magistral” and 2 hours bi-weekly (12 hours a semester) for “travaux dirigés”
• Reading and Preparation for Class: 4 hours a week / 48 hours a semester