All VLS Courses
Energy Regulation and the Environment
Builds on the course Energy Law and Policy in a Carbon-Constrained World by exposing students to the legal, economic, and structural issues involved in energy regulation and energy markets, focusing on electricity. The course examines the evolution, theory and techniques of monopoly regulation; the current processes for rate setting; and the development of competitive, market-based alternatives. The course exposes students to the latest approaches to managing the electric grid, to renewable energy strategies and procurement, energy efficiency, demand side management and green markets.
Environmental Economics and Markets
Introduces students to the discipline of environmental economics and expose them to debates over the use of market-based instruments in environmental and energy policy. It also introduces students to basic economics and finance concepts, examines key principles, and applies these basic elements and concepts to common environmental problems and actual case studies.
Three Essentials of the Electric Grid
This course sets out, in three linked modules, the fundamental knowledge that professionals should have for working in the closely intertwined fields of energy and the environment. Students may take one, two, or three modules for one credit each.
Module A: Engineering Essentials
The engineering realities of electric power grids and natural gas pipelines greatly constrain the choices that lawyers and policy analysts might otherwise make. This module will cover the engineering fundamentals inherent in the current and expected energy infrastructure.
Module B: Business Essentials
The energy and electric power industries in the U.S. are facing unprecedented challenges in meeting our society’s demands for low-cost, high-reliability energy and electricity with lower environmental impacts. This module will introduce the major financial and economic factors that energy companies use in making production and investment decisions, and how emerging environmental regulations might affect these decisions. The module will also cover deregulated market structures in the petroleum, natural gas and electric power industries.
Module C: Legal Essentials
This module will provide an overview of the fundamentals of energy law in both the US and the European Union. It will focus on what financiers, engineers, and economists need to know about energy law in order to work together and with lawyers in the energy world. The course will address some of the most important problems faced by energy project development, including facility siting, environmental issues, and authority fragmentation. In every issue a comparative perspective will be adopted.
Download Module A Syllabus
Download 2013 Module B Syllabus
Download 2013 Module C Syllabus