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Regular version of the site
Master 2023/2024

Economics of Energy Transition

Category 'Best Course for Career Development'
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Area of studies: Economics
When: 1 year, 3, 4 module
Mode of studies: offline
Open to: students of one campus
Instructors: Dzhanneta Mezhidova
Master’s programme: Environmental Economics and Sustainable Development
Language: English
ECTS credits: 6
Contact hours: 44

Course Syllabus

Abstract

Курс предназначен для того, чтобы дать понимание того, как удовлетворить растущий спрос на энергию, одновременно устраняя экологические последствия производства и потребления энергии. На нем будут изучены энергетические переходы прошлого и современные проблемы декарбонизации энергетической системы, включая роль инноваций и технологических достижений в достижении климатических целей. Основная цель курса - ознакомить студентов с существующими основами, теориями и концептуальными подходами для анализа различных вариантов политики трансформации глобальной энергетической системы и смягчения последствий изменения климата. В рамках курса будет изучена экономика конкурирующих энергоресурсов и предоставлены студентам аналитические инструменты для сравнения затрат на различные энергетические технологии и варианты снижения выбросов.
Learning Objectives

Learning Objectives

  • know information about past and current energy transitions, including associated problems and perspectives for different actors (countries, companies and households)
  • understand the current energy transition – from fossil fuels to renewable energy
Expected Learning Outcomes

Expected Learning Outcomes

  • able for self-organization for solving professional tasks
  • able to create analytical report based on Russian and foreign sources of information
  • able to realize group projects
  • able to discuss and present thought orally and in written form in English
  • able to do research, including analysis of the problems, setting tasks, finding subject and object of the research, choosing methods of the research and evaluating its quality
  • able to evaluate resource needs and plan them
  • able to gather, analyze and work with statistical data, information, scientific and research reports, needed for solving economic tasks
  • able to get scientific essence of the problems in professional field
  • able to organize the work of a small teammates created for realizing a concrete economic project
  • able to present results of analytical and research activity
  • able to set scientific and research tasks
  • able to solve problems in professional field using analysis and synthesis
  • able to study, obtain new knowledge and get new skills, including those different from the professional field
  • able to work with the information: use different sources for solving scientific and professional problems (including those needed for system approach)
Course Contents

Course Contents

  • Global energy markets: current state and existing problems
  • Energy transition: theoretical and historical aspects
  • 1st energy transition and coal market
  • 2nd energy transition and oil market
  • 3rd energy transition and gas market
  • Russian energy system in the context of energy transition
  • Electric power sector
  • 4th energy transition and renewable energy
  • The rise of global agreements and decarbonization policies
  • Renewable energy policies in Russia and worldwide
  • The future of energy markets and technologies
Assessment Elements

Assessment Elements

  • non-blocking Group project
  • non-blocking Participation
  • non-blocking Essay
Interim Assessment

Interim Assessment

  • 2023/2024 4th module
    0.4 * Essay + 0.3 * Group project + 0.3 * Participation
Bibliography

Bibliography

Recommended Core Bibliography

  • Tanay Sıdkı Uyar. (2020). Accelerating the Transition to a 100% Renewable Energy Era (Vol. 1st ed. 2020). Springer.
  • The geopolitics of the global energy transition, , 2020

Recommended Additional Bibliography

  • Power shift : global political economy energy transitions, Newell, P., 2021

Authors

  • MAKAROVA EKATERINA ALEKSANDROVNA