This course is an introduction into energy economics as well as to general energy policy with emphasis on the European Union. It covers 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.
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