2024/2025
Global Energy Governance: actors, institutions and frames (II)
Type:
Minor
Delivered by:
School of International Affairs
When:
1, 2 module
Open to:
students of all HSE University campuses
Language:
English
ECTS credits:
5
Contact hours:
60
Course Syllabus
Abstract
The course “Global Energy Governance: Actors, Institutions and Frameworks” is aimed at developing a comprehensive understanding of international energy relations and economic value chains at the global, international, regional and country levels. The topics of the course include the main elements of production chains in the global energy sector in the scope of current issues of energy geo-economics and geopolitics, economic and political aspects of the transformation of fuel and energy markets, the relationship between economics, energy and diplomacy. At the international and regional level, industry business processes are analyzed in conjunction with economic development models of the largest countries and integration associations of the world: the Russian Federation and the EAEU, China, India, the countries of Central Asia, South, Southeast and Northeast Asia and the Asia-Pacific region, the Middle East, North America and Europe. Much attention in the course is paid to the formation, functioning and transformation of energy markets.
Learning Objectives
- To understand the main trends in modern energy geoeconomics and geopolitics, economic and political aspects of the transformation of fuel and energy markets, the relationship between economics, energy and politics.
- To understand the basic concepts and approaches, as well as key problems and contradictions regarding the formation, functioning and transformation of the global energy order.
Expected Learning Outcomes
- Student analyzes the relationship between economic development models of various countries of the world and their energy policies
- Student analyzes the relationship of global energy policy with world politics and international relations
- Student analyzes the main sources of quantitative data and analytics in the global economy and energy (World Bank, UN, EISR , IEA , IRENA , national statistics, etc.)
- Student explains the key role of energy in the global economy
- Student explains the strategic economic, political and military importance of oil, natural gas, coal, uranium, and other natural resources necessary for the development of the fuel and energy complex
- Student explains the properties and characteristics of the main technologies for the extraction (production) of energy resources and energy, transportation and storage of energy
- Student explains the main production value chains and business processes in various sectors of the fuel and energy complex
- Student describes the distribution of oil, natural gas, coal, uranium, as well as other natural resources necessary for the development of the fuel and energy complex, by country and region of the world
- Student explains the main mechanisms and features of the global oil market, LNG market, thermal coal market, as well as regional markets for natural gas and electricity
- Student describes pricing and contracting mechanisms in global and regional energy markets, exchange trading mechanisms for physical and non-physical fuel and energy resources and carbon emissions
- Student describes the history, economic and political issues regarding transit to non-hydrocarbon energy, development of alternative and renewable energy sources
Course Contents
- Topic 1. Overview of the discipline, course structure, goals, objectives and scientific problems. Models of economic development and production and sectoral structure of the world economy.
- Topic 2. Energy in the structure of the world economy: production value chains and business processes.
- Topic 3. World and regional markets of fuel and energy resources. World oil market.
- Topic 4. Regional pipeline natural gas markets and the global LNG market.
- Topic 5. World coal market and regional electricity markets. Fuel-to-fuel competition.
- Topic 6. Global energy technology markets in the context of the “green” agenda.
Interim Assessment
- 2024/2025 2nd module0.2 * Essay + 0.4 * Exam + 0.1 * Online lecture attendance + 0.3 * Work at seminars
Bibliography
Recommended Core Bibliography
- McGlynn, E. (2018). Energy policy. Salem Press Encyclopedia. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ers&AN=89475098
Recommended Additional Bibliography
- Kapstein, E. B. (1992). The Prize: The Epic Quest for Oil, Money, and Power. By Daniel Yergin. (New York: Simon & Schuster, 1991. 877 + xxxii pp. $24.95.). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.BE565BB6