Energy Regulation and the Environment
About This Class
This course builds on the course Energy Law and Policy in a Carbon-Constrained World. The course exposes students to the legal, economic, and structural issues involved in both energy regulation and energy markets, focusing on electricity. The course examines the evolution, theory, and techniques of the monopoly regulation. Students learn how utilities are regulated. We examine rate setting, rate design and regulatory alternatives to traditional rates such as performance-based rates. The course then examines evolving 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.