Economics of the Energy Transition

Catalog description

In response to the risks posed by global climate change, many states and countries have set emissions reductions goals necessitating a rapid transition toward zero-carbon energy resources. Achieving these goals entails unprecedented investment in civil infrastructure systems combined with large-scale consumer and industry adoption of clean energy solutions. This course will explore the economic challenges and opportunities associated with this transition, with an emphasis on the electric power sector. The course is broken into two halves. The first focuses on the economic viability of individual projects. The second develops system level models and considers interactions between competing energy sources.