XEIET201 -
Economics of Competing Energy Technologies
Online
Overview
While the debate over global warming continues, there’s increasing recognition around the world of the need to reduce our collective carbon footprint. Yet disagreement remains over the benefits of renewable energies versus traditional sources like coal, natural gas and oil. Business leaders, policy makers and the general public generally seek lower carbon energy sources but struggle to accurately determine their cost effectiveness. This course will examine the economics of competing power sources from an investor perspective. Learn how to evaluate alternative technologies that have vastly different developmental and ongoing costs. Evaluate public policy instruments including taxes, regulations, and incentives and learn how they can influence outcomes. Study real-world examples of alternative energies and the financial models that can be used to assess results. Explore the potential for future cost reductions through technological improvements.
You Will Learn
- How to assess the cost of competitiveness of different energy technologies
- How to determine the revenue required for an investment to break even
- Which carbon reduction strategies can be effective
- The role of public policy in sustaining new technologies
- A portfolio approach to low carbon emissions
Instructors
- Stefan Reichelstein William R. Timken Professor of Accounting, Graduate School of Business
Topics Include
- Levelized cost of electricity (LCOE) calculations
- The impact of regulations and tax subsidies
- The financial risks and benefits of various technologies
- Biofuels & solar case studies
- Intermittency and time of day pricing
Other
Tuition
- $249 per online course
Questions
Please contact the Program Manager at
650.273.5459
scpd-energy@stanford.edu