Energy markets are at a crossroads. Technology change is having a dramatic impact in the energy industry: the contribution of renewable energies has grown rapidly during the last five years, and new sources of gas are been found. This poses new challenges for market design and environmental policy. Energy has to be affordable, sustainable and secure and yet no single country or region has found the recipe to achieve this triple objective. Do electricity markets fail and if so why? Do regulators need new instruments to guide investment incentives and if so which? How should the efforts towards increasing energy efficiency be undertaken? Is retail competition in the energy sector feasible and desirable? The regulatory debate in electricity markets is as open and exciting as ever. Economics has become indispensable to assess the challenges facing the energy sector and the solutions given to them.

Course leader
Prof. Albert Banal-Estaol UPF and Barcelona GSEProf. Natalia Fabra Universidad Carlos III de Madrid

Target group
Professionals in:energy firmstrading companiesregulatory agencies (national regulators, European Commission)competition policy agenciesGraduate students



Course aim
The Barcelona GSE Intensive Course on Energy Economics: Current Methods and Policy Challenges will serve as a forum for participants to discuss the main challenges facing the energy sector. The course will also provide participants with a deep understanding of the main concepts and tools needed to analyze the performance of energy markets. Some world-wide relevant regulatory experiences in the energy sector will be described in order to illustrate the main topics of the course. The faculty is made of leading academic economists and practitioners with extensive expertise in the area.

Fee info
EUR 1600: Early-bird Registration and Payment(until 20 April 2014) EUR 2000: Regular Fee(until 14 May 2014)

Barcelona Graduate School of Economics
Address: Ramon Trias Fargas, 25-27
Postal code: 08005
City: Barcelona
Country: Spain
Website: http://www.barcelonagse.eu/Summer_School.html
E-mail: summerschool@barcelonagse.eu
Phone: +34 93 542 1222