This 1-day course sets out the basics of energy transition, to move away from fossil fuels. The tutor will cover the fundamentals.
Attention is given to energy policy, how energy transition is being shaped, how carbon markets work and how these contribute to the energy transition, what emission trading schemes are and what these concern, as well as why power purchase agreements and attribute energy certificates are part of energy transition phase.
This course is suitable for any professional who wants to familiarise with the basics of energy transition and the related aspects of relevance. Hence, the course is targeted particularly at those who are considered starters/juniors in this field of expertise.
Programme
- Climate change & energy policy
- Greenhouse gases
- National initiatives & international treaties
- United Nations & UN bodies
- UNFCCC
- From the Kyoto Protocol to the Paris Agreement
- Zero emission
- Carbon markets & emission rights trading
- United Nations projects
- Clean Development Mechanism (CDM) – Certified Emission Rights (CERs)
- Joint Implementaion (JI) – Emission Reduction Units (ERUs)
- Emission trading schemes (ETS)
- EU-ETS
- Other ETSs (including China)
- United Nations projects
- Power purchase agreements
- The interactions between investor/owner, the financier, the off-taking party.
- The output: electricity + carbon credits/attribute certificates
- Pricing & risks
- Electrification
- Intermittent renewable capacity
- Required back-up facilities
- Flexibility in energy portfolios
- Alternative sources of energy
- Bio-energy (biomass, biofuels, biogas)
- Hydrogen
- Nuclear energy
- How does (or should) the future look like?
- Pricing
- The impact of energy transition on the energy price level
- The impact of energy transition on price volatility
- The impact of energy transition on the energy merit order