The course aims at presenting a comprehensive analysis of the issues of energy, environment and European policy from a strong multidisciplinary perspective, as it encompasses three different disciplines (energy economics, environmental economics and history of international relations).
Main bibliographic references (to be supplemented with suggested additional readings on the moodle page):
Module 1
1. C. Egenhofer and L. Grigoriev, “European Energy Security. What should it mean?”, ESF
Working Paper n. 23, 2006
(http://www.ceps.eu/book/european-energy-security-what-should-it-mean-what-do) pag. 4-25.
2. Tonini A., “The EEC Commission and the European Energy Policy: A Historical Appraisal”, in Bardazzi, Pazienza, Tonini (eds), Enhancing European energy and climate security: Eastern strategic partners, unconventional sources and public policies, Springer 2015, pp. 13-35. The Pdf file will be available for download in the Moodle Course web page.
3. Deborah Gordon, “Understanding Unconventional Oil”, Carnegie Papers, 2012, pp. 1-26. The Pdf file will be available for download on the Moodle Course web page.
Module 2
1. Bhattacharyya S.C. (2011), Energy Economics: Concepts, Issues, Markets and Governance, Springer. Chapters: 2 (excluding §2.6, §2.9), 3 (excluding §3.6 and annexes), 4 (excluding §4.4.1.1, §4.4.1.3, §4.4.2), 8 (excluding §8.6), 11, 20 (pages 463-469 ONLY).
2. ECB (2010), “Energy markets and the Euro area macroeconomy”, Occasional Paper Series, n.113, June. Excluding p.25-31, paragraphs 3.3.1, 3.3.2, 3.3.3, annexes
Module 3
J. M. Harris; B. Roach, Environmental and Natural Resource Economics: A contemporary approach, 2022, Routledge (Chapters 1,3,8,12,13,14). Paragraphs excluded from chapters listed above will be detailed on the Moodle page
Suggested supplementary reading (not mandatory)
Dessler A.E. Introduction to Modern Climate Change, Cambridge University Press, 3rd edition
Additional readings for the exam will be provided during the course.
Obiettivi Formativi
Knowledge: to provide students with the knowledge and the tools to identify and discuss the main historical developments in international relations between energy producer and importer countries, apply the key concepts and models of energy and environmental economics. The course aims at giving the ability of applying critical thinking and comparing different policies, with a focus on EU. Students will have developed the capacity to express in writing the knowledge gained during the course.
Prerequisiti
We remind that this exam fulfills 9 credits of Political Economy of the Master's Programme. Therefore we require as pre-requisites a basic grounding in microeconomics, macroeconomics, international history which are included in the admission requirements of the Master's Programme. Erasmus students who do not have the necessary academic background are strongly advised not to enroll in this course.
Metodi Didattici
Lectures and seminars. Teachers and scholars from other Italian and/or foreign universities are invited to give lectures on specific topics, relevant for the course.
The course uses Moodle e-learning platform where the course syllabus, handouts, slides and research materials will be available for all students. The moodle page is open until September 2024, at the beginning of the new academic year.
Attending and non-attending students are encouraged to download the slides of the lectures and all other materials available on the platform. The key of the course to access the Moodle page should be asked to the teacher.
Altre Informazioni
This course is part of the Jean Monnet Chair "HOuseholds’ energy Poverty in the EU: PERspectives for research and policies" (HOPPER) financed by the Erasmus+ Programme of the European Commission for the years 2019-2023.
INTERMEDIATE TESTS for attending students (not compulsory)
After each module a test with (30) multiple-choice questions will be carried out. These tests are meant to encourage the students to study along with the lectures and check their preparation before the final exam.
Students who will take all (3) tests will be assigned a bonus for the final vote of the exam according to the following criteria:
- having answered correctly to at least 16 out of 30 questions in each test;
- then, as an average overall test grades:
a) if the average grade is between 20 and 25, 1 additional point will be added to the grade of the final written exam
b) if the average grade is between 26 and 30, 2 additional points will be added to the grade of the final written exam.
FINAL EXAM
The finale exam is **** WRITTEN ***** (in English) with open questions. Students must answer all questions to be considered for evaluation of their test. Grades are expressed in thirtieths.
In the written exam, students should show: knowledge of the course topics and ability to organize and present this knowledge with the correct use of language and glossary specific of the field; the ability to critically analyze the issues which are relevant for the field; the ability to use the knowledge to interpret the evolution of energy markets and the determinants of relations between the market players.
Programma del corso
The course is divided into three modules.
The FIRST MODULE:
* A broad historical appraisal (1850-2010): from steam to oil. Changes in the global energy consumption patterns
* Oil as a new gold rush: the United States, Russia and the Middle East, 1890-1945
* An increasing energy dependency in Europe (1945-1974)
* Oil crisis in the Seventies: inflation, welfare state and less-developed countries debt.
* A first European response: diversification of sources and suppliers, nuclear power generation
* European dependency and non-member countries supply: which impact on EU external relations?
* Unconventional Oil and Gas
* Energy Transition
The SECOND MODULE:
* Energy and the economy
* Measuring energy security, intensity and efficiency
* Energy data and Energy Balance
* Energy demand: models for households and firms
* Basic economics of energy production/supply
* The Green Deal and Fit for 55 package of the European Commission
The THIRD MODULE:
* The environmental perspective and environmental externalities
* The climate change issue: data and perspectives
* Mitigation and adaptation policies
* Focus on mitigation policy instruments: Market based instruments (taxation, and ETS); Voluntary behavior and regulation