En­ergy Eco­nom­ics and Policy

About

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.

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:

Demonstrate a good knowledge of fundamental energy economic principles

Recognise the driving forces and the economic, regulatory, technological, environmental, social, and policy aspects of a business model within the energy sector

Understand the link between a business model and the current and future challenges of the energy sector

Discuss the link between a business model and the regulatory framework (e.g., policies, regulation, and market design)

Course leader

Manuel Llorca - Department of Economics (ECON)

Target group

This is a graduate level course. CBS Summer University courses at Copenhagen Business School is open to all and welcomes domestic and international students as well as professionals

Fee info