Education

Energy Institute at Haas

Executive Education Course Economics of Energy and the Environment

Economics of Energy and the Environment:

California State University, East Bay
Oakland Center
1000 Broadway, Suite 109
Oakland, CA 94607

March 25 - 26, 2013

 

Course Description:

Energy market operations and environmental regulation have increasingly become intertwined. An understanding of one is crucial for a complete understanding of the other. Drawing heavily on the tools of economics, this course will cover the fundamental concepts behind various approaches to environmental regulation and their impacts on energy markets. The consequences of various regulatory strategies will be examined in the context of the continuing changes in the organization and regulation of energy markets.


Course Syllabus

Day One, Monday March 25

Session 1:                                               9:30am - 11:00am

Fundamentals of Electricity Regulation                   

  

Session 2:                                             11:15am – 12:45pm

Competitive Wholesale Electricity Markets 

Lunch Break                                           12:45pm – 1:45pm

 

Session 3:                                                 1:45pm – 3:15pm

Market Power in Electricity Markets 

 

Session 4:                                                   3:30pm–5:00pm
Time-Varying Retail Electricity Pricing 

                               

Day Two, Tuesday March 26

 

Session 5:                                               9:00am – 10:30am

Energy Externalities

 

Session 6:                                            10:45am –12:15pm  

Regulating the Environment: Taxes vs. Emissions Limits   

 

Lunch Break                                            12:15pm –1:30pm

 

Session 7:                                                 1:30pm – 3:00pm

Energy Efficiency Incentives and Standards

 

Session 8:                                                  3:15pm –4:45pm

Economics of Renewable Energy       

 

Instructors

Severin Borenstein, E.T. Grether Professor of Business Administration and Public Policy at the Haas School of Business, U.C. Berkeley.

 

James Bushnell, Associate Professor, Department of Economics, U.C. Davis.


Reading List