Business of Energy

Course Overview

The world of energy is complicated. From the way we produce and consume it, to the use of the latest technologies to innovate and invest in alternative sources of energy, the topic is emotionally charged and complex. This course introduces students to a spectrum of themes related to the business of energy, including its supply and demand, energy policies and regulations, sector trends and opportunities and the nexus between energy and society. Students will learn about the environmental impact of energy production and use, challenges with continuity of energy supplies and mitigating strategies and issues concerning energy security, price regulation, local air pollution, carbon pricing and corporate responsibilities of fossil fuel companies. 

After completion of this course, students will gain a solid understanding of the energy market and its most salient topics.

Cambridge Faculty: Michael G. Pollitt, D. Phil, M.Phil. MA

Dr. Michael Pollitt is a Professor of Business Economics at the Judge Business School at Cambridge. He is an Assistant Director of the University’s Energy Policy Research Group (EPRG) and a Fellow and Director of Studies in Economics and Management at Sidney Sussex College.

He has published 9 books and over 70 refereed journal articles on efficiency analysis, energy policy and business ethics. He has advised national energy regulators across Europe, the UK Competition Commission, New Zealand Commerce Commission, the World Bank and European Commission. 

Learning Outcomes



• Perform a detailed analysis of the energy sector in any country.
• Demonstrate an understanding of the nature of the market for energy including both energy supply and demand factors. 
• Analyse long-term trends which drive energy supply and demand and the determinants of final energy prices.