Economics of Energy Transitions
Explore world energy markets and the evolution of, and challenges facing, the carbon economy. Consider the role the economics of energy transition plays in the decision making within the energy industry. Examine the direction and pace of the clean energy transition and sustainability.
We will explore the evolution of the carbon economy and energy markets and in doing so consider labour markets in the energy sector and basic macro and micro economic concepts, including the impact of digitalisation, decentralisation and automation on demand side driven net-zero transition. We will also consider cost analysis of renewable energy investments, cost comparison of alternative energy sources and development of alternative business models considering energy storage.
Topics
On completion of this course, participants are expected to be able to:
- Critically assess the economic concepts and principles of market demand and supply underlining operations of the global energy markets.
- Critically reflect on and apply the principles of transition energy economics to decision making related to new energy options.
- Evaluate the impact of greenhouse gas emissions and climate change as impetus for the transition away from burning fossil fuels.
- Analyse how different energy sources compare in terms of cost and value.
- Critically apply economic modelling approaches to risk and uncertainty in renewable energy context with focus on broader impact of transition risk.
RGU Upskilling
Undertaking an online RGU upskilling course can help you to develop or change your career or support your business to grow.
We're proud to offer a range of online upskilling short courses tailored to meet the evolving needs of businesses and individuals in Scotland. If you are domiciled in Scotland, you will be eligible for a fee-waiver place, meaning you can upskill for free. Identified and created in collaboration with industry, these 15-credit online courses are designed to enhance employability for individuals and organisations looking to upskill their workforce.
Find out more about the range of courses on offer and the benefits of upskilling:
Disclaimer
Modules and delivery order may change for operational purposes. The University regularly reviews its courses. Course content and structure may change over time. See our course and module disclaimer for more information.
Detailed module informationLearning methods
This module is delivered through online learning, via the University's Virtual Learning Environment, Moodle. A two hour session is planned each week to allow engagement between the teaching team and the course participants to accommodate learner questions and any concerns. The full two hour session may not be required each week.
In the 13 week course duration, there is 9 weeks delivery, with assessment submission 4 weeks later.
Independent Study
Materials and exercises are available online, allowing participants to study flexibly and independently at any time or in any place around existing work and life commitments.
On this course you will also have access to further reading resources and online tutor support.
Assessment
This course is assessed through a report.
Academic Support
The Inclusion Centre advises and supports students who disclose a sensory or mobility impairment, chronic medical condition, mental health issue, dyslexia and other specific learning differences. Applicants are encouraged to arrange a pre-entry visit to discuss any concerns and to view the facilities.
Online Learning & Support
All online learning students, benefit from using our collaborative virtual learning environment, CampusMoodle. You will be provided with 24/7 online access to your learning material and resources, along with the ability to interact with your class members and tutors for discussion and support.
Study Skills Support
The Study Support Team provides training and support to all students in:
- Academic writing
- Study skills (note taking, exam techniques, time management, presentation)
- Maths and statistics
- English language
- Information technology support
Library Support
The Library offers support for your course, including the books, eBooks, and journals you will need. We also offer online reading lists for many modules, workshops and drop-ins on searching skills and referencing, and much more.
There are no prerequisites for this course.
Academic Year 2023/2024
Fee-waiver places
Course participants must be domiciled in Scotland to be eligible for a fee-waiver place.
To be eligible for funding, you generally need to have 'settled status' in Scotland, meaning there are no restrictions on how long you can stay here. For example, this can be from birth or Right to Remain visa.
Eligibility is assessed on application and further evidence may be required.
All other applicants
Applicants who are not eligible for a fee-waiver place can pay to study the course - £350 entire course
Additional Costs
The following course-related costs are not included in the course fees:
- The cost of books that you may wish to purchase.
- Costs associated with your placement / study abroad
- Accommodation and living costs
- Printing
Disclaimer
For new intakes course fees are reviewed and published annually for each mode of delivery. Tuition fees are fixed for the duration of a course at the rate confirmed in the offer letter. For further information see:
Any questions?
Get in touch with the team and we'll do our best to help.