Cln Energy Invest Develop Econ

1.5 Credits · Level: Graduate

The course will explore investments in major renewable energy projects in developing countries in the context of navigating the clean energy transition to address climate mitigation and adaptation. It will provide a practitioner’s perspective for making investment decisions by analyzing a series of applied global case studies taught through a multimedia approach. Students will be exposed to all stages of a project development cycle, from design and appraisal through implementation to post evaluation of investment performance. They will also gain an understanding of how international finance and development institutions operate in this space. The classes will expose students to the application of a variety of analytical techniques and methods that underpin investment decisions, including financial valuation, economic justification of interventions, distributional impacts on key stakeholders, stochastic risk analysis (Monte Carlo), valuation of environmental externalities, assessment of power system vulnerabilities, cost-benefit analysis (CBA), qualitative comparative analysis (QCA), (Delphi) forecasting utilizing expert opinions, and multi-method performance evaluation. Prior knowledge of these approaches is not required as students will be provided with a short primer and related multimedia information to familiarize them with applicable methods and techniques prior to each case-study discussion.