Energy markets and governance

Course code: MEC5087Z

Course contact: Jesse Burton (Energy, environment and climate change group, ERC),

Course dates: The course usually runs in October and November. There is one week of full time lectures followed by weekly seminars.

Key elements of the course include

  • National and international energy policy and  markets (oil, gas, electricity), their structure, dynamics and implications for national planning
  • Energy governance, the role of the state and management of the energy sector:
  • market failure; regulatory theory; monopolies; institutional reform
  • Energy pricing theory and methods.


Exam – 10%, long paper – 60%, weekly seminars – 30%