Energy Markets, Policy, and Regulation

Energy Markets, Policy, and Regulation

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Resource Description

EME 801 provides a broad introduction to global markets for crude oil and refined petroleum products, natural gas, and electric power. A major goal of the course is to help students understand how market design, market institutions, and regulatory structures affect firm-level decision-making in the energy industries and ultimately, how these decisions affect the functioning of energy markets and the prospects for alternative technologies. Students also learn the fundamentals of project finance and how to manage risks associated with policy changes, as well as risks associated with changes to the national, local, and global energy markets.

Course Number

EME 801

License

CC BY-NC-SA 4.0

Online Resource

View the entire resource online here: Energy Markets, Policy, and Regulation

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Mark Kleinginna

Photograph of author Mark Kleinginna.jpg

Mark Kleinginna has 35 years of experience in the retail and wholesale energy business and is the founder of Integral Energy, a sustainability and energy consulting firm. His areas of expertise include utility cost of service and rate design, product development, pricing, risk management, operations, supply acquisition, planning, marketing, manufacturing, sales, and finance. He has testified on cost of service, rate design, and many other matters before five state commissions and at the Federal Energy Regulatory Commission. He developed an innovative power procurement process for which he received a US patent. He has advised many large utility, industrial and commercial clients on energy procurement, strategic planning, and risk management. Mr.

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Seth Blumsack

Seth Blumsack

Seth Blumsack is Associate Professor of Energy Policy and Economics in the John and Willie Leone Family Department of Energy and Mineral Engineering at The Pennsylvania State University, where he has been since 2007. He also chairs the Energy Business and Finance program at Penn State. He earned a B.A. in Mathematics and Economics from Reed College in 1998, an M.S. in Economics from Carnegie Mellon in 2003, and a Ph.D. in Engineering and Public Policy from Carnegie Mellon in 2006. Prior to returning to academia, Dr. Blumsack worked for Economic Insight, Inc., in Portland, Oregon, where he served as a consultant and contributing editor for the Energy Market Report, a daily newsletter covering wholesale electricity and natural gas markets in North America.

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