Energy Economics and Policy Course

Understanding Energy Markets, Policy, and Sustainable Energy Economics

Course Background

The global energy landscape faces the “energy trilemma”: ensuring energy security, mitigating climate change, and managing volatile energy prices. ECAS Institute’s Energy Economics and Policy course explores these challenges from an economic perspective, covering energy demand, supply, pricing, renewable versus depletable resources, and environmental impacts. Participants will learn to apply economic principles to inform effective energy and climate policies.

Course Objectives

Critically evaluate the purpose of energy policy and diverse strategies available

Explain economic principles governing energy markets and supply

Evaluate approaches for energy market regulation

Assess energy and environment interaction modeling approaches

Identify key issues in the energy sector, including smart technologies and energy security

What You Will Learn

Analyze energy policy objectives and tools

Understand supply and demand dynamics and energy source economics

Assess regulatory frameworks for energy markets

Evaluate modeling approaches for energy-environment interactions

Discuss emerging energy challenges and smart technology applications

Duration and Program

Structured to provide both theoretical and empirical insights, combining lectures, case studies, and practical exercises. Detailed schedule provided upon registration.

Target Participants

Energy and facility managers

Energy consultants

Local government planners

Professionals seeking career change to energy sector

Training Modules

ModuleDetailsKey Concepts and Economic Analysis of Energy SystemsScarcity, opportunity cost, supply/demand dynamics, market failures, energy system componentsEconomics of Energy Supply and DemandDeterminants of energy supply and demand, renewable vs. depletable resources, price formation and volatilityEnergy Market Regulation and GovernanceMarket structures, regulatory instruments, governance frameworksEnergy Efficiency and Renewable Energy PoliciesEconomic incentives, policy mechanisms, cost-benefit analysis, case studiesEconomic Modelling of Energy and Environment InteractionsIntegrated assessment models, econometric modeling, cost-effectiveness of climate mitigation, economic impactsEnergy Policy Theory and PracticePolitical economy, stakeholder analysis, policy implementation, national and international case studiesEconomics of Energy Security and Smart TechnologiesEnergy security dimensions, smart grid economics, digitalization and automation impactsEconomics of Ancillary Services MarketsAncillary service types, market design, valuation, integration with renewables

Training Style

Interactive modules delivered via presentations, lectures, field visits, breakout sessions, case studies, and guest speakers (in-person and online). Emphasis on applied learning, discussion, and practical exercises.

General Notes

Training manuals and reference materials provided

Certificate awarded upon completion

Tailor-made courses available for organizations

Contact: info@ecasiafrica.org