Course Preview | Managing the Energy Transition from Texas Executive Education
3:15 min
34
Greetings, my name is David Spence and welcome to the program on managing the energy transition. This program will be about the rapid changes that energy markets have experienced recently and are continuing to experience. These changes have been more profound and fast than at any time in my 40 years in this field. Our goal in this program is to equip students with the tools they need and a deeper understanding of the forces that are driving change in these markets, so that they can navigate markets more successfully. The term energy transition refers to the suite of market driven and policy driven changes that are pushing energy markets forward toward lower carbon resources.
And this program will be taught by three tenured faculty here at the University of Texas at Austin. Me, I'll be one of them, I'm a professor of energy law at the UT School of Law and the McCombs School of Business. We will also be joined by Sheila Olmstead, who is a Professor of Economics and Public Policy at the LBJ School of Public Affairs here at UT. And finally, James Dyer, a Professor of Decision Analysis at the McCombs School here at UT, will also be part of the program. All three of our bios can be found on the Emeritus website and our full CVs can be found on the UT website. This program will consist of six modules. The first two will be taught by me and we'll focus on the market and policy drivers of the energy transition, why it's happening and happening so fast. And this will include some basics of climate science and also of the structure of energy markets along the way. We will also talk about some of the difficult value choices policymakers will have to make as the transition moves forward.
The next two modules will be taught by Sheila Olmsted. They will focus on the economic dimensions of the transition and we'll explore some of the policy instruments or the menu of policy instrument options that regulators and policymakers have at their disposal to try and push the transition along and how those different policy instruments shape market behavior. The last two modules will be taught by Jim Dyer and they will introduce participants to a suite of analytical tools, that will be useful to guide decision making in these changing energy markets. Those modules will be designed to help students think about change and uncertainty when making investment decisions and other high stakes choices. When we are all finished, we hope that you will leave with a deeper understanding of what's happening in energy markets and why, a greater comfort with the policy and market changes that are underway and that you will be better equipped to navigate these fluid markets for your company or your clients.
And this program will be taught by three tenured faculty here at the University of Texas at Austin. Me, I'll be one of them, I'm a professor of energy law at the UT School of Law and the McCombs School of Business. We will also be joined by Sheila Olmstead, who is a Professor of Economics and Public Policy at the LBJ School of Public Affairs here at UT. And finally, James Dyer, a Professor of Decision Analysis at the McCombs School here at UT, will also be part of the program. All three of our bios can be found on the Emeritus website and our full CVs can be found on the UT website. This program will consist of six modules. The first two will be taught by me and we'll focus on the market and policy drivers of the energy transition, why it's happening and happening so fast. And this will include some basics of climate science and also of the structure of energy markets along the way. We will also talk about some of the difficult value choices policymakers will have to make as the transition moves forward.
The next two modules will be taught by Sheila Olmsted. They will focus on the economic dimensions of the transition and we'll explore some of the policy instruments or the menu of policy instrument options that regulators and policymakers have at their disposal to try and push the transition along and how those different policy instruments shape market behavior. The last two modules will be taught by Jim Dyer and they will introduce participants to a suite of analytical tools, that will be useful to guide decision making in these changing energy markets. Those modules will be designed to help students think about change and uncertainty when making investment decisions and other high stakes choices. When we are all finished, we hope that you will leave with a deeper understanding of what's happening in energy markets and why, a greater comfort with the policy and market changes that are underway and that you will be better equipped to navigate these fluid markets for your company or your clients.
