Energy policy and management | BEAMS

Energy policy and management

Course Information
Course code: 
GEST-H-506
Study year: 
MA2
Professor: 
Jean-Claude MAUN
Professor: 
Samuele FURFARI
Assistants: 
Xavier BUSTAMANTE
Assistants: 
Gilles JACOBS
Assistants: 
Benoit MATTLET

Course objectives

First Part (Prof Furfari)

Make the students understand that energy geopolitics is a key to understand the relevant international political and economic news while assimilating the fundamentals of the energy debate in the context of sustainable development. Review the functioning of electricity markets and understand why the special nature of the product has led to a power structure that has seen a proliferation of actors with very specific roles.

Second part (Prof Maun)

Understand the specifities of the electric power market, what part is a natural monopoly, what part is a market, how is it regulated, what are the interaction with the security of operation, how to manage the network in this context.

Slides of Power System Economics

Recommendations for the project : download here.

Course content

This course allows you to assimilate the basics of energy policy and understand that the geopolitics of energy is a key to understanding international news. Part I: energy balances and forecast scenarios of supply and demand, main quantitative data of the global energy economy and mainly in a European geopolitical angle, reserves and production for each primary energy , link between energy and sustainable development and climate change, the role of key institutions and relevant organizations. Second part: geopolitics of energy for each primary energy mainly for Europe, USA, China and Russia, the security of energy supply in the European Union and the geopolitical implications with the Middle East, neighboring Mediterranean countries, Russia and the countries of Central Asia.

Power system market :

- Basic concepts from economics, Markets for electrical energy, Participating in markets for electrical energy, System security and ancillary services, Transmission networks and electricity markets, Investing in generation and transmission

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