2024/2025
Energy Economics
Type:
Optional course (university)
Delivered by:
Department of Economic Theory and Econometrics
When:
4 module
Open to:
everyone
Instructors:
Ekaterina Krekhovets
Language:
English
ECTS credits:
3
Course Syllabus
Abstract
The course provides a foundational understanding of essential topics in Energy Economics, enabling a grasp of contemporary themes within the field at a graduate level. Theoretical models and empirical data and evidence form the core of the course. The course will cover a variety of theoretical and empirical topics related to energy demand, energy supply, energy prices, environmental consequences of energy consumption and production, and various public policies affecting energy demand, supply, prices, and environmental effects.3 ECTS Language – EnglishLevel – Master programmePrerequisites: Microeconomics
Learning Objectives
- The course provides a foundation in concepts in energy economics that helps for understanding modern environmental and resource economics; develops proficiency with theoretical and empirical tools that will be valuable for future self-directed research; and improves experience in reading, presenting, and discussing modern research in energy and environmental economics.
Expected Learning Outcomes
- Students understand the terminology, know main facts about energy market history
- Understand Peak-Load Pricing Model
- Know about different types of renewable resources. Understand benefits and challenging of using renewable resources.
- Understand microeconomics principles of energy market
Course Contents
- Introduction.
- Investment - optimal investment in projects with a large fixed upfront investment
- Types of energy sources: Renewables Fuels
- Microeconomics of Energy market
Interim Assessment
- 2024/2025 4th module0.3 * Контрольная работа + 0.4 * Тест + 0.3 * аудиторная работа
Bibliography
Recommended Core Bibliography
- Claudia Doblinger, Michael Dowling, & Roland Helm. (2016). An institutional perspective of public policy and network effects in the renewable energy industry: enablers or disablers of entrepreneurial behaviour and innovation? Entrepreneurship & Regional Development, (1–2), 126. https://doi.org/10.1080/08985626.2015.1109004
- Ecological modernisation and renewable energy, Toke, D., 2011
- Energy and economic theory, Banks, F. E., 2015
- GUSHTEROV, N. (2018). Modelling Consumer Behaviour on the Energy Market. Economics 21 / Ikonomika 21, (2), 25–43. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=130846852
- Kruse, J., & Wetzel, H. (2016). Energy Prices, Technological Knowledge, and Innovation in Green Energy Technologies: a Dynamic Panel Analysis of European Patent Data. CESifo Economic Studies, 62(3), 397–425. https://doi.org/10.1093/cesifo/ifv021
- Lamberova, N. A. Introduction to Energy Economics and Energy Security : учебное пособие / N. A. Lamberova. — Казань : КНИТУ, 2017. — 136 с. — ISBN 978-5-7882-2379-7. — Текст : электронный // Лань : электронно-библиотечная система. — URL: https://e.lanbook.com/book/138472 (дата обращения: 00.00.0000). — Режим доступа: для авториз. пользователей.
- Pastukhova, M. (DE-588)1143866037, (DE-576)495186554. (2016). A common energy market in the Eurasian Economic Union [Elektronische Ressource] : implications for the European Union and energy relations with Russia / Maria Pastukhova and Kirsten Westphal. Berlin: Stiftung Wissenschaft und Politik. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.468250425
- Tanay Sıdkı Uyar. (2020). Accelerating the Transition to a 100% Renewable Energy Era (Vol. 1st ed. 2020). Springer.
Recommended Additional Bibliography
- 21st century energy markets : how the changing dynamics of world energy markets impact our economy and energy security : hearing before the Subcommittee on Energy and Power of the Committee on Energy and Commerce, House of Representatives, One Hundred Fourteenth Congress, first session, March 3, 2015. (2015). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsgpr&AN=edsgpr.000959577
- Fahl, U., Blesl, M., & Voß, A. (2017). Projecting Energy Market Trends until 2030 German Energy Outlook 20095. France, Europe: KIT Scientific Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.8A93ABB9
- Pérez Donsión, M., Vergura, S., & Vitale, G. (2016). Renewable Energy : Selected Issues. Newcastle upon Tyne: Cambridge Scholars Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1196262
- Proskuryakova, L., & Filippov, S. (2015). Energy Technology Foresight 2030 in Russia: An Outlook for Safer and More Efficient Energy Future. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.B29560B4
- The Fondazione, Eni Enrico, Mattei Note, Lavoro Series Index, Fondazione Eni, Enrico Mattei, & Irene Valsecchi. (2007). IEM – International Energy Markets. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.17CFF05D