Energy Economics: Energy Consumption
DTU DTU Management Engineering
The energy transition is taking place rapidly in the face of urgent needs for climate change mitigation, supply security, and decarbonization. Energy consumption is a critical issue for energy transition and society, as it impacts a wide range of aspects, including economic growth, climate change, decarbonization, environmental sustainability, supply security and human health. Energy is essential for a variety of functions, including running homes and the operation of industries, and transportation. The efficient use of energy and the adoption of sustainable energy sources are crucial for reducing the adverse effects of energy consumption and promoting sustainable development. Therefore, there is a need for educated human resources that do research and develop policies in this area. The Energy Economics PhD summer schools will take a role in teaching how to use economic theory, energy modeling, and computational tools for research to address these contemporary global challenges. The course will provide a platform for students to present their research topics, discuss their ideas with scholars and receive feedback. Students will receive help from and discuss their ideas with senior researchers and other Ph.D. students who are accepted to the course.
Learning objectives:
A student who has met the objectives of the course will be able to:
- learn how economics knowledge can be used to analyze and model energy consumption.
- demonstrate a comprehensive understanding of quantitative and qualitative methods and how these can be used to investigate energy consumption and evaluate policies.
- understand the important aspects of energy consumption in the determination of economic growth.
- understand how energy consumption is related to energy justice and energy poverty.
- demonstrate a comprehensive understanding of electrification of energy consumption in the heating and transportation sector.
- work with scholars to build models for energy consumption.
- practice to developed empirical models from theoretical models.
- do comprehensive analyses by using energy data and quantitative methods
Contents:
Energy Economics and Policy Energy Demand Energy and Economic Growth Basic Econometric Methods Qualitative Methods Energy Justice Energy Poverty Time Series and Panel Data Analyses Electrification of Energy Consumption (Heating) Electrification of Energy Consumption (Transportation)