Digitale Lehre
The event is recorded and made available for independent learning via the moodle course.
The given lecture times are not relevant.

Lehrinhalte
Energy should be provided sufficiently and at acceptable cost. At the same time related environmental impacts have to be minimised. Examples illustrate how we dealt with environmental problems in the past and what instruments are available today. One of the major challenges for the coming years and decades is global climate protection. Based on recent energy scenarios different options are discussed.

Questions are: How can we manage market risk in energy prices and how can we structure the economic, political and institutional framework for the energy provision of the future.  Starting from the international perspective the situation in Germany will be analyzed in detail. Case studies show what is possible.

Literatur
Will be announced in the lecture.

Official Course Description
With the adoption of the energy turnaround, the nuclear phaseout and an even faster shift to the utilization of renewable resources in the future, related funding issues have gained considerable political importance. Questions concerning financing of renewable energies will be discussed on the one hand. The renewable energy industry sector is used to analyze specific financing problems along the entire business life cycle. It starts from early stage financing through institutional investors (Venture Capital), followed by financing the growth and maturity phase, including Initial Public Offerings (IPOs), and ends with consolidation of corporate takeovers (M&A) and outsourcing of project financing.
On the other hand we discuss the costs of the energy turnaround from the viewpoint of – currently predominant – utilities, which generate energy from conventional resources. It comes to the question of potential changes in the cost of capital derived from the nuclear phaseout or additional costs resulting from deconstruction of old power plants. Furthermore selling of electricity networks and the use of released financial resources is under consideration.

Zusätzliche Informationen
Lectures are held in English.

Online-Angebote
moodle

Semester: WT 2020/21