Energy Economics 2400-ZEWW977
Module 1:
Energy Economics from the Perspective of the Economy
Energy systems and their role in economy
Global energy markets: fossil fuels, renewables, and nuclear
Energy demand and supply modeling
Energy pricing mechanisms and market structures
Determinants of Energy Intensity in economy
Module 2:
Managerial Energy Economics
Demand-side management (DSM): concepts and strategies
Real estate and energy efficiency
Distributed resource solutions (DRS): integration and optimization
Smart grids and digitalization in energy management
Project finance, investment appraisal, and risk management in energy management
Case studies
Module 3:
Behavioral Energy Economics
Human behavior and energy consumption: theoretical foundations
Clustering and decision-making in energy choices
Energy rebound effect
Designing and implementing behavioral interventions
Evaluation and implementation of behavioral DSM programs
Type of course
Course coordinators
Learning outcomes
Able to explain the role of energy in economic growth and development.
Knows how to analyze supply, demand, and pricing mechanisms in energy markets.
Can assess the impact of energy policies and global energy transitions.
Able to design and evaluate demand-side management (DSM) strategies for organizations.
Can apply distributed resource solutions (DRS) and optimize their integration into energy systems.
Able to conduct financial and risk analyses for energy projects.
Can identify psychological and informational barriers to energy use.
Able to develop and assess behavioral interventions to influence energy use.
Able to critically appraise the effectiveness of behavioral energy policies.
Assessment criteria
Group Project (40%): case study analysis (Module 2) + behavioral intervention design (Module 3)
Final Exam (40%): Essay-based questions on macroeconomic and managerial topics
Participation (20%): Peer evaluations, in-class debates, and policy simulations
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: