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This subject will examine the supply and value chains of the major forms of energy used globally. It will examine energy markets in detail, including
- Network delivery markets for electricity and natural gas;
- Discrete delivery markets for oil and its products, natural gas, coal and uranium;
- Integration of public policy considerations, particularly greenhouse gas emissions, other pollutant emissions, renewable energy incentives, installed capacity and essential service requirements;
- The relationship between financial markets and energy markets.
These topics will all carefully consider how physical and technical limitations impact market performance.
Intended learning outcomes
On completion of this subject students should be able to:
- Explain how different energy markets function
- Explain how public policy considerations are integrated into these markets
Having completed this unit the student should have -
• The ability to communicate effectively with the community at large
• An understanding of the social, cultural, global and environmental responsibilities of a professional, and the need for sustainable development.
Last updated: 6 December 2019