Advanced Energy Economics and Policy Course


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Introduction

The Advanced Energy Economics and Policy Course is designed to provide participants with an in-depth understanding of the complex interplay between economic principles, policy frameworks, and the evolving energy landscape. Participants will delve into advanced concepts, models, and strategies to analyze and shape energy markets, explore the impact of policies on energy systems, and develop insights into the economic dynamics of sustainable energy transitions.

Duration

10 days

Who Should Attend

This course is suitable for professionals, policymakers, researchers, and individuals seeking an advanced understanding of energy economics and policy. The audience includes:

  • Energy economists and analysts
  • Policy and regulatory affairs professionals
  • Government officials and policymakers
  • Energy industry executives and managers
  • Researchers and academics in energy studies
  • Financial analysts and consultants
  • Environmental and sustainability professionals

Course Level:

Course Objectives:

  • Develop advanced knowledge of energy economics, including market structures, pricing mechanisms, and economic drivers influencing the energy sector.
  • Explore the intricacies of energy policy development, implementation, and evaluation, with a focus on sustainability, innovation, and global energy challenges.
  • Analyze the economic implications of various energy sources, technologies, and market dynamics on energy systems.
  • Understand the role of regulatory frameworks, international agreements, and government interventions in shaping energy markets.
  • Develop skills to assess and model the economic feasibility of energy projects, considering factors such as financing, risk, and investment incentives.
  • Explore the intersections of energy, environmental, and economic sustainability in the context of energy policy.
  • Empower participants to critically evaluate and contribute to the discourse on energy economics and policy at an advanced level.

Course Outline:

Module 1: Advanced Energy Economics Overview

  • Overview of advanced energy economic concepts
  • Economic drivers influencing the energy sector
  • Market structures and dynamics

Module 2: Energy Market Modeling and Analysis

  • Advanced modeling techniques for energy markets
  • Supply and demand forecasting
  • Price elasticity and market equilibrium

Module 3: Energy Pricing Mechanisms

  • Tariff structures and pricing policies
  • Time-of-use pricing and dynamic pricing
  • Incentive mechanisms for renewable energy

Module 4: Economic Analysis of Energy Sources

  • Cost-benefit analysis of various energy sources
  • Levelized cost of energy (LCOE) analysis
  • Externalities and social costs

Module 5: Policy Instruments and Instruments Design

  • Designing effective energy policies
  • Market-based instruments (carbon pricing, subsidies)
  • Regulatory frameworks for energy efficiency

Module 6: Renewable Energy Policy

  • Policy support for renewable energy deployment
  • Feed-in tariffs, power purchase agreements (PPAs)
  • Incentives for distributed energy resources

Module 7: International Energy Agreements

  • Analysis of international agreements (e.g., Paris Agreement)
  • Implications for national energy policies
  • Global cooperation for sustainable energy

Module 8: Energy and Environmental Sustainability

  • Interconnections between energy and environmental sustainability
  • Circular economy principles in the energy sector
  • Evaluating the triple bottom line in energy projects

Module 9: Financing Energy Projects

  • Financing mechanisms for energy projects
  • Risk assessment and mitigation strategies
  • Investment incentives and financing models

Module 10: Advanced Case Studies and Future Trends

  • In-depth analysis of advanced case studies in energy economics and policy
  • Emerging trends and innovations in the energy sector
  • Synthesis of key learnings and future outlook

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Course Administration Details:

Methodology

These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.

Accreditation

Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

Training Venue

The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

Accommodation and Airport Transfer

Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.

Tailor-Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:

Payment

Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]


Course Registration

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