Master of International Affairs   Master of Public Policy   Master of Data Science for Public Policy  

Energy economics

Energy economics is an introduction to the technology and economics of energy systems, power markets, and electricity networks. The economics of wind and solar energy, the cornerstones of low-carbon energy systems, lie at the heart of this course.

The global energy system is undergoing the deepest transformation of its history, driven by decarbonisation, decentralisation and digitalisation: New technologies from solar photovoltaics to batteries and the Internet of things reshape how electricity is produced, transported, traded and consumed. Wind and solar energy are at the center of change. Understanding this revolution requires understanding the deep links between electricity systems and technologies, economics and markets, and regulation and policy. For the future of the global energy system, and hence the future of our climate system, understanding the technology and economics of wind and solar energy is maybe the single most crucial piece of knowledge.

This course is for 2nd year MIA, MPP and MDS students only.