2024/2025 KAN-CCMVI2122U Energy Economics and Policy
English Title | |
Energy Economics and Policy |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | Summer |
Start time of the course | Summer |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Min. participants | 30 |
Max. participants | 60 |
Study board |
Study Board for cand.merc. and GMA (CM)
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Course coordinator | |
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For academic questions related to the course, please contact course responsible Christine Brandstätt (cbr.eco@cbs.dk). | |
Main academic disciplines | |
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Teaching methods | |
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Last updated on 07/11/2024 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
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Course prerequisites | ||||||||||||||||||||||
Completed Bachelor degree or equivalent. Interest in Energy Economics and the application of economic principles. | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||
Course content:
Energy is one of the world’s largest industries and has an essential role in economic activity and in our daily lives. At the same time, it is a major contributor to the depletion of natural resources, climate change, and environmental pollution.
In this context, the decarbonisation of the energy sector is a key element in mitigating climate change and maintaining security of supply. The Green Transition implies massive transformations in the energy industry and in energy-intensive sectors from technical, economic, social, and political viewpoints.
This course introduces the students to the analysis of the energy sector and its ongoing transformation from an economic perspective. In particular, it will familiarize the students with the economic characteristics of energy, sector organization, the transition towards sustainable and renewable energy, relevant business models, and the economic reasoning behind their regulatory framework. The lectures are based on 2 - 3 timely case studies. In the past these have been for example on offshore wind, demand-side flexibility and hydrogen/ power to X. These cases cover economic, technological, and policy aspects of selected business models within the energy sector.
This module is offered by the Copenhagen School of Energy Infrastructure (CSEI), a research centre at CBS, and it is embedded in its overall strategy of research and education.
Course structure: The course will cover the following themes:
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Description of the teaching methods | ||||||||||||||||||||||
The course offers a diverse set of learning opportunities, such as lectures, readings, supplementary online material, quiz and discussions. It is based on 2 - 3 case studies that illustrate the economic concepts and theories taught in the course. | ||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||
Oral feedback will be provided continuously to the students through in-class examples, and case discussions. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||
3-week course that cannot be combined with any other course.
Preliminary Assignment: The course coordinator uploads Preliminary Assignment on Canvas at the end of May. It is expected that students participate as it will be included in the final exam, but the assignment is without independent assessment and grading.
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Expected literature | ||||||||||||||||||||||
Main Literature – Selected Chapters from
Bhattacharyya, S.C. (2019), Energy economics: Concepts, issues, markets and governance, 2nd ed., Springer.
Creti, A. and Fontini, F. (2019), Economics of electricity: Markets, competition and rules, 1st ed., Cambridge University Press: London.
Mulder, M. (2021). Regulation of Energy Markets (Vol. 80). Springer International Publishing.
Additional material Collection of articles and policy reports |