Energy 101: Introduction to the Business and Policy of the Us Energy Industry
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This three-day intersession class will be a high-level overview of the US energy industry. We will focus on electricity, natural gas, oil, renewables and other forms of energy. We will discuss how each commodity is produced and traded from the perspective of the producer, the distributor, and the end user. The class will provide an overview of the technologies that convert energy into useful work, as well as the market, regulatory, and policy structures that influence investment in production, delivery, and consumption of electricity and natural gas. The goal is to provide a basis for further study, and to motivate students to consider a career in the industry. There are no prerequisites or textbooks, and the class is open to all. The course will be a mix of economics, basic engineering, financial mathematics, and sociology. Energy use, production and efficiency at the Homewood campus will be discussed. Instructors are Carl Liggio and David Yaffe.
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