Concerns for energy security, threat of climate change, and uncertainties in the price of energy (the so-called ‘energy trilemma’) requires transformation of the ways in which energy is produced, delivered and consumed.

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Both for the developed and developing economies challenges stem from meeting increasing electricity demands from more intermittent renewable resources. This course covers a variety of theoretical and empirical topics related to energy demand, supply, prices, renewable vs depletable resources and environmental consequences of energy consumption and production - all from an economic perspective. It will demonstrate how key economic principles are used in various energy-environment models to inform energy and climate policy.

At a glance

  • Dates
    • Please enquire for course dates
  • DurationFive days
  • LocationCranfield campus
  • Cost

    £1,700. The course fee includes lunch and refreshments during the day. Accommodation is not included and must be booked separately.

    Concessions available

What you will learn

On successful completion of this course you will be able to:

  • Critically evaluate the purpose of energy policy, as well as the range of policy strategies and instruments,
  • Explain how economic principles govern energy markets and the economics of energy supply,
  • Evaluate the approaches for energy market regulation,
  • Critically evaluate different approaches for the modelling of energy and environment interactions,
  • Identify and evaluate the key issues facing the energy sector (i.e. smart technologies, energy security).

Core content

  • Key concepts and main approaches in economic analysis of energy systems,
  • Different approaches to economic modelling of energy and environment interactions,
  • Energy efficiency and renewable energy policies,
  • Regulation and governance,
  • Energy policy theory and practice,
  • Economics of energy and ancillary services market.

Who should attend

Those with a broad interest in understanding and developing energy economics and strategy in the context of a sustainable future. This includes energy and facility managers, consultants, local government planners and those working in an entirely different sector considering a change in career path.


Dr Nazmiye Ozkan


10% discount applies if booked eight weeks in advance. 

10% discount for third and subsequent delegates from the same company/site. 

Discounts can be combined.

Accommodation options and prices

This is a non-residential course. If you would like to book accommodation on campus, please contact Mitchell Hall or Cranfield Management Development Centre directly. Further information regarding our accommodation on campus can be found here.

Alternatively you may wish to make your own arrangements at a nearby hotel.

Location and travel

Cranfield University is situated in Bedfordshire close to the border with Buckinghamshire. The University is located almost midway between the towns of Bedford and Milton Keynes and is conveniently situated between junctions 13 and 14 of the M1.

London Luton, Stansted and Heathrow airports are 30, 90 and 90 minutes respectively by car, offering superb connections to and from just about anywhere in the world. 

For further location and travel details

Location address

Cranfield University
College Road
MK43 0AL

Read our Professional development (CPD) booking conditions.