Instructional goals
In relation with the energy industry and markets, acquisition of competence and methodology
to implement an energy policy in which environment protection plays a pivotal role
Prerequisites
Basic knowledge of micro/macroeconomics is requested:
Basic capabilities to understand the complex interrelations between energy, economy and environment; such a capacity is required to assess an energy and environmental policy, after having achieved a good knowledge of the main markets, of the evolution of the energy scenario, of the process that leads to the definition of an energy policy, of the constraints in the definition of the policy, of the energy policy of the main actors in the international arena.
Intended learning outcomes
The students will be able to interact and work in the process for the definition of an energy policy. Such a capacity will be checked in the last three lessons of the course where students will be requested to produce the energy policy of three countries very different from each other from the point of view of the energy system, the environment and the economy.
Course Contents
-Evolution of the energy industry and impact on
climate policy;
-Market analysis of the main energy sources
(companies, supply/demand, pricing);
-Energy Policy of some countries;
-Evolution of the Italian energy system and policy;
-Climate change and climate policy especially applied to energy.
Reference Books
-OCDE-IEA World Energy Outlook 2021
-“Strategia Energetica Nazionale (SEN)” – Ministero Sviluppo Economico
- Papers and other material related to the various matters dealt with in the course will be made available in due time by the teacher
- The Palgrave Handbook of International Energy Economics, 2022
Teaching Methods
Front teaching
-Team work
-Role-playing
-Presentations e assignments
Assessment Method
-Research work at the end of the course (70%)
-Oral exam (30%)
Thesis assignment criteria
Research on energy and climate change policy of a specific country
Week 1 Contenuto sessioni on line e on campus
Introduction and comments on the main targets of the course
-Analysis of the most relevant factors of the energy scenario
-Evolution of supply and demand of the various energy sources in the
main regions (continued)
-Evolution of supply and demand of the various energy sources in the
main regions
-Main factors underlying the energy scenario (costs, security of supply,
environment, final uses)
Week 2 Contenuto sessioni on line e on campus
Future alternative energy scenarios in the main regions
-Future scenarios and new priorities of any energy policy
-The role of the Emerging Economies in the international energy scenario
-The impact of the environment protection on the energy scenario
Week 3 Contenuto sessioni on line e on campus
The oil and natural gas industries: history, demand, supply, prices.
-Coal market, Nuclear Energy, Renewable Energy Sources, Electricity, Efficiency.
Week 4 Contenuto sessioni on line e on campus
The energy policy of
-E.U.
-USA
-Russia
-China
-Japan
Week 5 Contenuto sessioni on line e on campus
-The energy policy of Italy
-The geopolitics of energy
Week 6 Contenuto sessioni on line e on campus
Final energy consumption
-Case Study
Week 7 Contenuto sessioni on line e on campus
INTRODUCTION TO CLIMATE CHANGE
Introduction to the greenhouse effect, global trends on temperature and CO2 concentration, major greenhouse gases, major emitters in terms of country, sector, technology.
Difference between climate change and pollution.
Week 8 Contenuto sessioni on line e on campus
CAUSES OF CLIMATE CHANGE AND TECH RESPONSES
Macroeconomic trends and climate change.
Climate change and the industries of steel, cement, transports (part 1)
Week 9 Contenuto sessioni on line e on campus
CAUSES OF CLIMATE CHANGE AND TECH RESPONSES
Climate change and the industries of steel, cement, transports (part 2)
Carbon Capture and Storage
Week 10 Contenuto sessioni on line e on campus
INTERNATIONAL POLICY RESPONSE TO CLIMATE CHANGE: FRAMEWORK
From Kyoto to Sharm through Paris: the onferences Of Parties and their main outcomes
Week 11 Contenuto sessioni on line e on campus
PRICE-BASED CLIMATE POLICIES
Carbon tax, ETS and other market based certificates, carbon credits
Week 12 Contenuto sessioni on line e on campus
PRICE-BASED CLIMATE POLICIES
Exercises on carbon markets.
Students’ assignments