Le Grand Syllabus 2016/2017
energy industries in the region – oil, gas, coal, power sector (including nuclear and renewables). The course aims at providing students with the critical knowledge and skills to understand : energy resources production and export potential in the FSU region ; historical background of the institutional frameworks in the energy sector, regulation and State governance ; the macro-economic background and requirements for the energy sector development ; challenges facing Russia and other FSU countries in the energy sphere both domestically and on the global arena ; competing political and commercial agendas ; energy policy framework, main stakeholders and hidden interests, relationship between corporate and national interests and real centres of decision making. The following aspects will be discussed : speciﬁcs of market organization, access to subsoil, ownership – public versus private, pricing, taxation ; announced and real priorities of the national energy policies – based on energy fundamentals, political preferences, tools and as well as actors ; obstacles facing market reforms ; evolution of the countries energy balances, targets in optimising fuel mix, inter-fuel competition in different countries and sectors, the role of different types of fuel (oil, gas, coal) ; current situation and prospect of the main energy industries in the region – oil, gas, coal, power sector (including nuclear and renewables). Required reading : World Energy Outlook 2011. IEA. Paris. 2011. Part B – Outlook for Russian Energy. Chapters 7, 8, 9 ; World Energy Outlook 2010. IEA. Paris. 2010. Part D – Outlook for Caspian Energy. Chapters 16, 17, 18 ; Russia 2014 – Energy Policies Beyond IEA Countries. IEA. Paris. 2014 ; Additional readings are speciﬁed for each session in the Syllabus.
Teachers : Thierry BROS (Senior Analyst). Pedagogical format : Seminar Course validation : Students will provide 2 presentations : the description of one company (one company per student) ; dedicated real case studies in small groups. The presentation done by each student in one of the sessions 1 to 10 will represent 30% of grade (individual). The ﬁnal assessment will be done on a group case study in session 11 (40% of the grade). 30% of the grading will take into account student interactivity (2.5% / session). Workload : 5h of research work + 1h to design the presentation of the company. 5h of research work + 1h to design the presentation of the case study. Students will have to search the web for info on companies for their case study. Pedagogical method : Powerpoint presentations will be available for sessions 1 to 10. Course Description : From International Oil Companies (IOC) to Juniors via National Oil Companies (NOC), from integrated to pure player, from old centralised energy companies to new decentralised companies, this course will set the scene to understand all the players in the energy complex. The course will give students a broad view of energy companies, their history and the keys to understand their strategy. Required reading : to be deﬁned.
Semester : Spring Number of hours : 42 Language of tuition : English
ENERGY LANDSCAPE ANALYSIS
Semester : Spring Number of hours : 24 Language of tuition : English
Teachers : Bassam FATTOUH (Director of Oil & Middle East Programme), Eleanor MORRISON (Managing Director, Commodity Reach Ltd, London, UK), Hannah MURDOCK (Renewable Energy Analyst), Jonathan STERN (Professeur / Enseignant Chercheur). Prerequisite : Economics or Market Trading background (Energy Economics, Finance Markets, International Trade)