Energy, Environmental Technology and Economics MSc

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Energy, Environmental Technology and Economics MSc

  • Objectives To consider the basic principles of emissions trading, globally, the opportunities for UK business and the City of London.
  • Entry requirements Applicants may have financial, management or technological backgrounds. They must also be able to show potential to reach a senior position in the energy industry. English Language Requirement For those students whose first language is not English, the following qualifications are also required: * IELTS: 7.0 * TOEFL (internet-based): 105
  • Academic title Energy, Environmental Technology and Economics MSc
  • Course description Course overview

    As the UK firms up on its post-Kyoto commitments, with developments such as the Climate Change Levy and Emissions Trading, it is becoming clear that a new underpinning momentum for energy and environmental management is emerging.  This momentum requires a new mix of skills, encompassing the more traditional technologies but aligned to the financial, economic and regulatory issues that now play such an important part in the life of those responsible for the purchase and management of energy.

    The course is focused towards individuals and industries concerned with investment in energy and environmental technologies and services, the management of energy resources, conversion and use, or related research and development.  It aims to provide a technical and economic framework within which the participants may develop the skills required by a successful industrial economy.  This framework will include an examination of WU and UK government policies, commensurate strategies and their implications relative to global activities and the international market in energy resources. This must be against a background of continuing change.

    Participants will therefore be well equipped with the technical, commercial and managerial skills that will be required to meet Europe’s international commitments.

    Course content

    The course teaching is organised into modules comprising three consecutive day courses at a rate of one a month. The format makes the course attractive to those who wish to study on a part time basis while retaining full-time jobs.  To obtain the MSc, four core and four elective modules need to be completed in addition to a post-module assignment, a short review project and a dissertation.

    Core modules:


        * Introduction to energy and environmental issues
        * The energy sector; corporate energy management
        * The energy market from the purchaser perspective
        * Energy policies and economic dimensions

    Elective modules:

        * Emissions trading
        * Risk management
        * Energy in industry and the built environment
        * Transport
        * Renewable energy
        * Decommissioning of large industrial plant
        * Gaseous and particulate emission
        * Energy supply and conversion technology
        * Energy-consumer goods in the UK/EU

    As matching section for CEng two of the four elective mdoules must be chosen from:

        * Gaseous and particulate emissions
        * Energy in industry and the built environment
        * Renewable energy
        * Energy supply and conversion technology
        * Decommissioning of large industrial plants
        * Risk management

    Teaching and assessment

    The programme teaching is organised into modules comprising three consecutive day courses taken at a rate of one a month or so. This format makes the programme attractive to those who wish to study part time while retaining full-time jobs.

    Full-time students are also welcomed and will be expected to devote a significant part of their non-taught hours to project work as well as private study. Much support is given to students, part time and full time, with their preparation for the modules and in their project work.

    The programme has strong links with industry and commerce and involves many visiting lecturers who hold senior positions in their fields.
     
    Learning Outcomes
    Participants will gain knowledge of National and International policies governing emissions trading.  They will also become familiar with the market mechanisms for trading permits for carbon and other emissions.

    Summary of Content

        * International protocols, post Kyoto
        * The design of the EU Emissions Trading scheme and its operation since January 2005
        * The UK role of the Emissions Trading Group and UK government policy
        * Feedback from pilot projects
        * The market-trading role as envisaged by the City of London
        * The EU trading scheme
           
    Leader: Prof. MR Fry

    Contributors: Traders and industry specialists
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