POLITICAL RISKS IN ENERGY INVESTMENTS

Credit Hours: 0.75 · Graduate

The course centers on understanding the sources of political risks in energy investments. After introducing the political economy of investment in oil, gas, and renewables, we analyze the structural factors that shape risk during the life cycle of a project. We examine how the institutional environments of the host jurisdictions impact risk and evaluate the strategies companies may use to manage the evolving risk dynamics (including the effects of the energy transition). The course rests on discussion of real case studies, with a particular focus on Latin America and illustrations from current events.