Energy Markets

Course Level: 
Course Open to: 
Students on-site
Remote students
Academic Year: 
US Credits: 
ECTS Credits: 
Course Description: 

The course can be followed online if the student has a valid reason (approved by the program director) for not being able to show up for class. If classroom teaching is allowed, the student is expected to make every effort show up in the classroom.

The European Union will be examined in depth, from the formation of the Oil and Steel Community to the Energy Union, and how energy policies, regulations and infrastructure have changed over time. This course will target students needing a holistic and in-depth view of the EU’s energy sector, from Economics, International Relations to Policy Study students. Energy security and efforts to reduce GHG emissions will feature heavily in this policy centered course. The aims are:

  • Develop a holistic understanding of EU internal and external market connections  
  • Gain knowledge of policy and regulatory structure within the EU and national energy markets
  • Create understanding of interplay of competition and monopolies in energy markets
  • Strategic decision making of firms within competitive national markets and the EU
  • Importance of energy geopolitics on EU and national energy markets
  • Cross-disciplinary approach to education and how multiple perspectives join in the policy and business realm


Learning Outcomes: 

Greater knowledge in:

  • Operations of gas and electricity markets and key players in the EU
  • External EU neighborhood and role in changes to EU energy security options
  • Role of energy regulations and regulators 
  • Research and analysis skills. Greater ability to conduct research, organize data and analyze potential business or policy approaches.
  • Group poster presentation (10% of grade)
  • 5,000 word research paper (50% of grade)
  • Blog entries on course readings, 400 words each, (40% of grade)