PSIA, Master in International Energy
Teachers : Kamel BEN NACEUR (Haut Conseiller), Tom MOERENHOUT (PhD Student). Pedagogical format : Lecture alone Course validation : A ﬁrst test will be done after Session 6, and a second one at the end of the course. Course Description : The energy world has undergone major changes over the last decade, that include a shift from OECD to non-OECD demand, a return to coal, the development of a previously untapped source of fossil fuels (unconventional / shale gas/oil). The carbon footprint of energy production and use has increased dramatically leading to major concerns about the sustainability of such a growth in energy use and such a projected energy mix. As a result, projected climate change would alter the world's ecosystems, including fresh water. The course describes the inter-relationship (nexus) between energy, climate and water and the options moving forward. The ﬁrst part presents the fundamentals of energy supply and demand, with a focus on major shifts and game-changing technologies (unconventionals, renewables). Scenarios of future energy-mix are then discussed, along with the implications on greenhouse gas emissions. Carbon abatement options and cost curves are evaluated. Climate change projections presented in the recent IPCC Assessment Report are discussed, along with dissenting opinions. Amongst the consequences, water availability and potential hydric stress and crop reduction are highlighted. The fact that water and energy production are often interlinked creates dependencies which are discussed. Finally, options for climate change negotiations and the role of developed/emerging economies are presented. Objective of the course : Provide an understanding of the interlinkage between energy (consumption and production), climate change, and water management. What are the different worldwide scenarios considered for energy intensity, their implications on greenhouse gas emissions, the options for carbon abatement from the energy sector, and the cost of climate change mitigation or adaptation ? Water, which is also required for energy production, is becoming increasingly an issue due to climate change. How could a sustainable nexus energy-climate-water be achieved ? Required reading : Energy Primer (IIASA) - http ://www.iiasa.ac.at/web/home/research/
Flagship-Projects/Global-Energy-Assessment/ GEA_Chapter1_lowres.pdf ; Climate Primer (C2ES) - http ://www.c2es.org/docUploads/ climate101-fullbook.pdf ; Water and Energy (United Nations) http ://unesdoc.unesco.org/ images/0022/002257/225741e.pdf.
TRANSITION BUSINESS MODELS : FROM HYDROCARBONS TO RENEWABLE ENERGY
Semester : Spring Number of hours : 24 Language of tuition : English
Teachers : Marco BRUN (VP and Country Chair Italy and Adriatic Countries), Paolo NATALI (PSIA Faculty Member - Consultant on Gas and Electricity markets). Prerequisite : Complete the required pre-readings, as detailed in the relevant section below, before the beginning of the course. Pedagogical format : Seminar Course validation : 40% take-home midterm (up to 8 pts) on renewable energy models (due end of Feb) ; 40% take-home midterm (up to 8 pts) on oil&gas models (due end of March) ; 20% take-home ﬁnal (up to 4 pts). Midterms will be open questions, the ﬁnal will be a short essay. Strict word limits will be speciﬁed. Workload : Do not be scared by the extent of the required readings. “Required” means that it is core to getting the full value of this course. We are not used to asking cold questions in class. Pedagogical method : There will be lectures and guest speakers. We may use facilitation techniques to spark a creative discussion. We like to be interrupted and explore the implications of important questions raised by the class. Course Description : Since the industrial revolution, energy has followed the principle of centralized production versus localized consumption. The energy industry has been serving all other commercial and industrial sectors of the economy, which demanded that structure ; in hydrocarbons,