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Learn MoreLaw 270.6 - Energy Regulations and the Environment - Spr 08
75 students
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Course content
1 section • 14 lectures • 35h 36m total length
- Introduction to Energy and Electricity2:36:17Introduction to the Course; and Introduction to Electricity - January 17, 2008. An introduction to the course, including the history of energy, the relationship between energy and development, environmental and environmental justice impacts of energy generation, and an introduction to current energy issues. Lecture includes an introduction to the basics of electricity generation, transmission and distribution, efficiency, reliability, and ancillary services.
- Public Utilities & Rate Regulation: Intro to Finance2:41:47Public Utilities & Rate Regulation: Introduction to Finance and Regulatory Economics. January 24, 2008. Basic financial concepts; basic economics of competitive and monopoly markets; introduction to how regulation addresses natural monopoly. A brief introduction to monopoly, cost of service regulation; historical origins, cases, and commentary; major players.
- Public Utilities & Rate Regulation: Cost of Service Regulation (Part 1)2:36:10Public Utilities & Rate Regulation: Cost of Service Regulation (Part 1)January 31, 2008. The role of a PUC, its organization, duties and procedures; how regulation works; rate base, rate of return, operating expenses; judicial review, including the first of the classic cases.
- Public Utilities & Rate Regulation (Part 2)2:43:53Public Utilities & Rate Regulation: Cost of Service Regulation (Part 2) - February 7, 2008. Examples of cases defining the limits of regulatory power, and a rate design exercise that we will discuss in class.
- Public Utilities and Rate Regulation2:48:37Class 5
- Resource Alternatives: Tradition Fuels, Oil and Hydroelectric Power2:36:47Introduction to Tradition Fuels, and Oil and Hydroelectric Power - February 21, 2008. The choice of fuel for generating electricity has significant implications for the environment, the economy, the reliability of power delivery, and national security. After an overview of the fuel choices, we will discuss oil and hydroelectric power.
- Resource Alternatives: Natural Gas2:38:13Resource Alternatives: Natural Gas; and Natural Gas: The Future and LNG March 6, 2008. The resource and its regulation.
- Resource Alternatives: Renewable Energy - The Technologies2:39:20Resource Alternatives: Renewable Energy - The Technologies and the Programs - March 13, 2008. This class will introduce: the types of renewable energy including wind, biomass, landfill gas, photovoltaic, esoteric sources, and energy storage; the regulatory and legal strategies for encouraging the implementation of renewable energy options. Regulatory matters including PURPA, stranded benefits under deregulation, System Benefit Charges and Renewables Trust Funds, life cycle costs and emissions, Renewable Portfolio Standards, Renewable Energy Credits, net metering, and tax credits.
- Demand Side Management: Energy Efficiency2:40:48Demand Side Management: Energy Efficiency - March 20, 2008. Includes discussion into energy efficiency, demand response, and the institutional options for delivery of energy efficiency.
- Performance Based Ratemaking and Decoupling; and Integrated Resource Planning and Portfolio Planning2:37:33Performance Based Ratemaking and Decoupling; and Integrated Resource Planning and Portfolio Planning - April 3, 2008. Under traditional ratemaking, utilities generally make higher profits if they sell more power and lose profits as customers become more efficient. Performance-based ratemaking can address the problem of utility disincentives to promote customer energy efficiency by decoupling utility profits from the amount of sales. It also is a mechanism that can encourage beneficial behavior in many areas of utility operation. Also, introduction to integrated resource planning and portfolio planning for the right mix of generation types, transmission and conservation. Portfolio Management (PM) and Integrated Resource Planning (IRP) both constitute planning exercises and present similar issues. PM, a newer term, focuses on a single utility or other load serving entity. IRP can be performed by a state regulator on a system wide, regional or service area basis, or by a utility for its service area.
- Deregulation and Markets: Wholesale Electricity Markets1:10:59Deregulation and Markets: Wholesale Electricity Markets; and Retail Competition - April 10, 2008. How do we deal with issues of using market power to manipulate markets? Is antitrust enough? Also, consumer choice, default service, disclosure and green power, the record so far.
- Climate Change and Carbon Markets2:32:13Climate Change and Carbon Markets; and Recap and Conclusion - April 24, 2008.
- Deregulation and Markets & Env Impacts of Restructuring2:37:18Deregulation and Markets: The California and Western Energy Crisis of 2000-2001, and The Environmental Impacts of Restructuring; and Picking Up the Pieces: Generator Suits, Blackouts, Reliability and Other Experiments - April 17, 2008
- Resource Alternatives: Coal and Nuclear Power2:37:00More than half of the electric energy offered to customers in the United States comes from coal-fired plants, and most observers expect these numbers to stay the same for many years to come. Is coal the fuel of the past or the fuel for the future? We will also discuss the pluses and minuses of a nuclear power resurgence.
Description
The course examines both the traditional monopoly model of regulation and evolving competitive alternatives. The course exposes students to energy resource planning, pollution management, rate design, green markets, energy efficiency, demand side management, renewable energy portfolios, climate change, and carbon management. The course provides an introduction to administrative law and to practice issues in the field.