GLOBAL ENERGY: SECURITY/GEOPOL

The course focuses on the nexus between energy and security as it reveals in the policies and interaction of leading energy producers and consumers. Topics include: Hydrocarbons and search for stability and security in the Persian Gulf, Caspian basin, Eurasia, Africa and Latin America; Russia as a global energy player; Analysis of the impact of Russia's invasion of Ukraine on energy markets, global security, and the future of the energy transition; Role of natural gas in the world energy balance and European energy security; Transformation of the global energy governance structure; Role and evolution of the OPEC; Introduction into energy economics; Dynamics and fundamentals of the global energy markets; IOCs vs NOCs; Resource nationalism, cartels, sanctions and embargoes; Asia's growing energy needs and its geo-economic and strategic implications; Nuclear energy and challenges to non-proliferation regime; Alternative and renewable sources of energy; Climate change as one of the central challenges of the 21st century; Analysis of the policies, technologies, financial systems and markets needed to achieve climate goals. Climate change and attempts of environmental regulation; Decarbonization trends, international carbon regimes and search for optimal models of sustainable development. Special focus on implications of the shale revolution and technological innovations on U.S. energy security.