Bachelor
2026/2027
Energy Policy
Type:
Elective course (International Programme 'International Relations and Global Studies')
Delivered by:
Faculty of World Economy and International Affairs
When:
4 year, 1, 2 module
Open to:
students of one campus
Instructors:
Nikita Illeritskiy
Language:
English
ECTS credits:
3
Contact hours:
40
Course Syllabus
Abstract
The course “Energy Policy” is aimed at developing a comprehensive understanding of international energy and economic relations at the global, international, regional and country levels. The topics of the course include the main elements of the global energy sector in the scope of current issues of energy geo-economics and geopolitics, economic and political aspects of the transformation of fuel and energy markets, the relationship between economics, energy and diplomacy. Fuel and energy complex is analysed in conjunction with economic development models and energy policy strategies of the largest countries and integration associations of the world: the Russian Federation and the EAEU, China, India, the countries of Central Asia, South, Southeast and Northeast Asia and the Asia-Pacific region, the Middle East, North America and Europe. Much attention in the course is paid to the formation, functioning and transformation of energy markets
Learning Objectives
- To understand the main trends in modern energy geo-economics and geopolitics, economic and political aspects of the transformation of fuel and energy markets, the relationship between economics, energy and politics. To understand the basic concepts and approaches, as well as key problems and contradictions regarding the formation, functioning and transformation of the global energy order. To understand the main trends, causes andfactors of countries’ energy policy, countries’ and major companies’ energy strategies.
Expected Learning Outcomes
- Compare the basic concepts and approaches, as well as key problems and contradictions regarding the formation, functioning and transformation of the global energy order.
- Distinguish the main trends in modern energy geo-economics and geopolitics
- Analyze and define the main trends, causes and factors of countries’ energy policy, countries’ and major companies’ energy strategies
Course Contents
- Overview of the discipline, course structure, goals, objectives and scientific problems. Models of economic development and production and sectoral structure of the world economy
- Energy in the structure of the world economy: production value chains and business processes. Energy & Economic Growth Coherence
- World and regional markets of fuel and energy resources. World oil market. Production Value Chains in Fuel & Energy Complex
- Regional pipeline natural gas markets and the global LNG market. Trading and Speculations on Energy Markets.
- World coal market and regional electricity markets. Fuel-to-fuel competition. Natural Gas & LNG as the Drivers of New Energy Competition
- Nuclear Energy Technologies and Markets. Renewable Energy Technologies and Markets.
- Energy Transition Concept: Discussions and Contradictions. Nuclear and Renewable Energy development stop-factors
- National & Corporate Policies evolution in the context of ‘green’ agenda and energy transition. Energy Transition and ‘green’ agenda policies: progressive evolution or destructive mislead?
- Business Case Game / Debates ‘World Energy Governance’
Assessment Elements
- Participation
- Midterm Test
- Final Seminar (Business Case Game OR Debates)
- Final Essay
- Final Exam
Interim Assessment
- 2026/2027 2nd module0.3 * Final Exam + 0.15 * Final Seminar (Business Case Game OR Debates) + 0.25 * Participation + 0.15 * Final Essay + 0.15 * Midterm Test
Bibliography
Recommended Core Bibliography
- A Global Perspective on Energy Markets Climate Change & Economic Integration: Problems and Prospects. (2008). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsstc&AN=edsstc.1146287
- European energy policy : an environmental approach, , 2012
- Goldthau, A. (2012). A Public Policy Perspective on Global Energy Security. International Studies Perspectives, 13(1), 65–84. https://doi.org/10.1111/j.1528-3585.2011.00448.x
- International energy policy, the Arctic and the law of the sea, , 2005
- Zhang, H., Zhou, D., & Cao, J. (2011). A quantitative assessment of energy strategy evolution in China and US. Renewable and Sustainable Energy Reviews, (1), 886. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.eee.rensus.v15y2011i1p886.890
Recommended Additional Bibliography
- Energy policy analysis and modeling, Munasinghe, M., 2008
- U.S. energy policy and the pursuit of failure, Grossman, P. Z., 2013