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Energy Markets and Economics

What Will Learn?

  • Course Aims
    This course aims to: 1-Outline principles of economy. 2-Recognize electricity deregulation and restructuring. 3-Differentiate among market structures models.. 4-Evaluate environmental impacts of energy use,
  • Course Goals
  • Quality Education
  • Industry, Innovation and Infrastructure
  • Responsible Consumption and Production

Requirements

Description

  • English Description

    Energy Economics is the study of economic theories of optimal resource extraction, market power, market failure, regulation deregulation, technological change and resource scarcity. Economic tools used to analyze OPEC, energy mergers, natural gas price controls and deregulation, electric utility restructuring, energy taxes, environmental impacts of energy use, government R&D programs, and other energy topics.
  • Arabic Description

    Energy Economics is the study of economic theories of optimal resource extraction, market power, market failure, regulation deregulation, technological change and resource scarcity. Economic tools used to analyze OPEC, energy mergers, natural gas price controls and deregulation, electric utility restructuring, energy taxes, environmental impacts of energy use, government R&D programs, and other energy topics.
  • Department
    Electrical Power and Machines Engineering
  • Credit Hours
    2
  • Grades
    Total ( 100 ) = Midterm (25) + tr.Major Assessment (30 = tr.Industry 5% , tr.Project 10% , tr.Self_learning 0% , tr.Seminar 20% ) + tr.Minor Assessment (5) + Exam Grade (40)
  • Hours
    Lecture Hours: 2, Tutorial Hours: 1, Lab Hours: 0
  • Required SWL
    75
  • Equivalent ECTS
    3
  • 1- Anna Cretì, and Fulvio Fontini, Economics of Electricity: Markets, Competition and Rules, 2019, Cambridge University Press. 978-1316636626.
  • 2- Subhes C. Bhattacharyya, Energy Economics: Concepts, Issues, Markets and Governance, 2nd ed. 2019, Springer. ISBN 978-0-85729-268-1. - Leland Blank; Anthony J Tarquin, Engineering economy New York, NY McGraw-Hill Education, 2018.