Introduction

The "Energy Economics and Global Markets" course offers an in-depth exploration of the dynamic intersection between energy economics and the global marketplace. This 5-day professional program is designed to equip participants with a comprehensive understanding of both theoretical and practical aspects of energy economics, market structures, and the challenges and opportunities in global energy markets.

• Understand the fundamentals of energy economics and its key concepts.
• Analyze global energy markets and their economic implications.
• Examine the role of policy and regulations in energy markets.
• Evaluate the impact of technological advancements on energy markets.
• Develop strategies for navigating the evolving global energy landscape.

Course Outlines

Day 1: Introduction to Energy Economics

• Overview of Energy Economics and its importance
• Key concepts in supply and demand within energy markets
• Understanding energy resources: Types and characteristics
• Economic theories applicable to energy sectors
• Case studies: Major energy economic models

Day 2: Global Energy Market Dynamics

• Structure and function of global energy markets
• Market players: Producers, consumers, and intermediaries
• Global supply chains and their economic impacts
• Price formation and volatility in energy markets
• Examining OPEC and its influence on global markets

Day 3: Energy Policy and Regulation

• The role of government in energy markets
• Regulatory frameworks and their economic effects
• Energy subsidies and taxation: Economic perspectives
• Environmental policies and their impact on energy economics
• International agreements and energy trade policies

Day 4: Technology and Innovation in Energy

• Technological advancements driving energy efficiency
• Renewable energy technologies and their economic impact
• Innovation in fossil fuel extraction and processing
• Smart grids and future energy solutions
• Economic implications of transitioning to sustainable energy

Day 5: Strategic Planning in Global Energy Markets

• Developing strategic perspectives in energy markets
• Risk management and decision-making strategies
• Investment strategies in global energy sectors
• Case studies on successful energy market strategies
• Future trends: Anticipating changes in the energy landscape