Información del curso

This course (held in English) explains the practical aspects of energy economics based on my experience from the oil industry (ExxonMobil), in energy consultancy (covering all forms of energy across Europe), as Chief Economist of Germany’s largest power generator - RWE AG, and as senior advisor to the Energy Transitions Commission.

As compared to typical text-books it focusses on decision-taking and changes in the energy markets with emphasis on:

·         The interaction between economics, policy, and technology

·         Calculation of fixed and variable costs for energy plants

·         How and where competition takes place along the supply chain (e.g.  wholesale markets, energy exchanges and at the retail level).

The lectures will reflect the implications of the current energy crisis.