Energy Economics and Policy

Code:

2EGA01

Acronym:

EPE

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2017/2018 - 1S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Environmental Economics and Management

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EGA	30	Bologna Syllabus since 2012	1	-	7,5	56	202,5

Teaching language

Portuguese

Objectives

The course is aimed to give students the basic knowledge and analytical skills on the energy sector and Energy Policy, as well as the close relationship between Energy and the Economy.

Learning outcomes and competences

At the end of this course, students are expected to present analytical reports on macro and  microeconomic aspects of the economy where energy is the main issue. They shall be able to make a correct interpretation of energy balances and to compare them. Finally6, they shall be able to recognize relationships and eventual contradictions between economic policy and energy/environmental policy.

Working method

Presencial

Program

1.  Key concepts of Energy Economics. The energy value chain: coal, oil, natural gas, electricity.

 2. The Oil industry: history and market structure.

3. Natural Gas industry: history and market structure.

4. Coal industry: history and market structure.

5. Electricity: renewable and non renewable energy sources. Market structure. The Iberian electricity market. Decarbonization : nuclear X renewables

6.  Energy Balances. Structure, interpretation and use for economic policy purposes. Case studies.

Mandatory literature

Subhes C. Bhattacharyya; Energy Economics: concepts, issues, markets and governance, Springer- Verlag London Limited, 2011. ISBN: 978-0-85729-267-4

Teaching methods and learning activities

Presentation of topics, discussion in class. Several case studies will be discussed.

keywords

Social sciences > Economics > Environmental economics > Natural resource economics

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Apresentação/discussão de um trabalho científico	20,00
Teste	60,00
Trabalho escrito	20,00
Total:	100,00

Eligibility for exams

75% of classes should be attended. Two tests: the students must have a minimum of 6.5/20.0 in each one. One written report on a selected theme (20%) and an oral presentation and discussion (20%)

Calculation formula of final grade

FG= 30% classification in the first test+ 30% classification of the second test+ 20%classification of case presentation+ 20% classification of the written report.

Examinations or Special Assignments

According to the Faculty rules.

Special assessment (TE, DA, ...)

According to the faculty rules.

Classification improvement

According to the faculty rules.