After successful completion of the course, students are able to apply knowledge of selected topics in energy and environmental economics. They understand the connection between different energy sectors, energy services, and the environment.

Building on the introductory courses in energy economics this lecture will explore in more detail selected aspects of the energy value chain. Starting from the resource perspective on the supply side (fossils, nuclear, renewable energies, biomass systems), final energy service sectors (transport, heating) will be discussed subsequently. The coordination of supply and demand side takes place on markets, in this lecture emphasis will be put on the particularities of energy markets.

Schedule of individual lectures:

07.10.2019 (Haas/Ajanovic/Perger): Introduction

14.10.2019 (Auer/Perger): Electricity Markets I (Exercise 1)

21.10.2019 (Auer/Perger): Electricity Markets II (Exercise 2)

28.10.2019 (Ajanovic): Transport I

04.11.2019 (Ajanovic): Transport II (Exercise 3)

11.11.2019 (Haas): Heat Demand I (Exercise 4)

18.11.2019 (Kranzl/Fallahnejad): Heat Demand II (Exercise 5)

25.11.2019 (Resch/Liebmann): Renewable Policy Strategies & Scenarios

02.12.2019 (Auer/Perger): Fossil Fuels (Exercise 6)

09.12.2019 (Haas/Ajanovic): Energy Efficiency (Exercise 7)

16.12.2019 (Kettner/Ajanovic): Climate Policy (Exercise 8)

13.01.2020 (Rogner/Haas): Nuclear Perspectives

27.01.2020 (Perger/Ajanovic/Haas): Exam

• Lectures
• Interactive Discussions
• Homeworks
• Computational exercises

During the semester, students will work on 8 individual exercises (50% of the grade). In the end of the semester there is a written exam (50% of the grade). Students have to pass both the exercise part and the exam.

Presentations of the individual units (incl. further references, if needed) will be made available.

Interest in Energy and Environmental Economics