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- Code:
- ECON-E0900
- Field:
- Environmental Economics
- Targets:
- Master’s students Research Master's students PhD students
- Organiser:
- Aalto University
- Instructor:
- Iivo Vehviläinen
- Period:
- Period 4
- Format:
- Lecture
- Method:
- Contact teaching
- Venue:
- Otaniemi campus
- Enrollment:
In case of conflicting information consider the Sisu/MyCourses pages the primary source of information.
Aalto, Hanken and UH economics students can enroll through their home university’s SISU. Further instructions are available on the How to enroll? page, also for students from other universities.
If you would like to count the credits towards your degree, please check your curriculum or contact your supervisor or student services for guidance.
- To access the course workspace, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Sisu and logged in with your Aalto user ID.
- For more information on how to activate your Aalto user ID and register for a MyCourses course area, click here.
Content
The course will focus on the challenges of the energy transition, especially in electricity markets. We start with the ideal model of how a market balances supply and demand, discuss environmental externalities and other market failures, and cover investment and innovation decisions. The course also looks at the coordination issues that require solutions outside the markets, such as hydrogen and other connected energy networks.
Learning outcomes
The objective is to develop foundations for understanding the functioning of energy markets. Familiarize the student with the rudiments of market designs, tools for analyzing markets, and policy instruments for achieving desired outcomes through market mechanisms.