Book: Energy Markets, Policy, and Regulation
( \newcommand{\kernel}{\mathrm{null}\,}\)
This text provides a broad introduction to global markets for crude oil and refined petroleum products; natural gas; and electric power. It also provides students with the basic financial tools used to evaluate energy projects. A major goal of the course is to help students understand how market design, market institutions and regulatory structures affect firm-level decision-making in the energy industries, and ultimately how these decisions affect the functioning of energy markets and the prospects for alternative technologies.
Front Matter
1: Global Markets for Crude Oil
2: Markets for Refined Petroleum Products
3: Markets for Natural Gas
4: Unconventional Natural Gas Development
5: Introduction to the Electricity Industry
6: Restructuring and Deregulation in the Electric Power Industry
7: Economic Challenges in the Integration of Renewable Resources
8: Basic Accounting
9: Discounted Cash Flow Models and Metrics for Evaluating Energy Projects
10: Project Decisions Under Uncertainty
11: Corporate Finance and the Discount Rate
12: Taxes, Subsidies, and Incentives for Renewable Energy Resources
Back Matter
Thumbnail: Power pylons at sunset. (Unsplash License; Matthew Henry via https://unsplash.com/photos/yETqkLnhsUIUnsplash)