Spring 2016 GEB4930 (GEB2011)
Section 0992 Thursday 1:55 2:45 Period 7
Location: Heavener 260
This course is designed to assist your transition into the University of Floridas Warrington College of Business.
Renewable Energy Sources
Note: Modern: Solar, wind, tide, geothermal.
Support Mechanisms for RE Sources (Source:
Feed in Tariffs (seen), RPS (seen), NM (seen)
SUSTAINABILITY IN PERSONAL
University of Florida
The world we live in has built a major reliance on the use of personal vehicles that burn
fossil fuels. As we know, fossil fuels are [Ma1][Ma2]not only a limited resource; the
Study guide for economics of energy sustainability Exam 1
Readings you should study for the exam.
Note: You dont have to read the other readings to prepare for the exam, the powerpoints for
those sections should be enough. But you should for sure read the
FL solar amendment reached signatures!
Tesla new product? (April)
Optional NREL Value of Solar reading
What caused dip?
Recession / Low econ activity
Main Sustainability Issues in Transportation
Discussion forum: Due Thursday
Todays lecture: Introduction to the utility environment. Covering the
tip of the iceberg.
From an economics perspective, several factors precl
Economics of Climate Change
and Renewables Part I
Energy Efficiency programs
Public Goods and Global Climate Change
Build up of CO2 in atmosphere: Externality (emissions from a source
Political economy of GHG
legislation support and Intro to
The political economy of
congressional support for
legislation intended to mitigate
GHG production (Cragg et al)
Brief overview of paper in reading.
Topic selection will be graded by Thursday night at the latest.
Must have plenty of time to work on outline!
Challenges of Renewable Energy Expansion
(source: NARUC & USAID)
RE projects tend to have high initia
Off Grid Challenges
Financing challenges (off grid)
Most people without access to electricity also lack access to finance.
Rural areas: underserved
Solar energy sources: (relatively) high upfront costs.
Challenges for off-grid/rural solar
Economics of Nuclear
Paper: Due on Monday, March 16. If late: penalty is 10% off grade
per day late.
Today topic is controversial. I will try to show you both sides.
Thursday: Public lecture from economics department on s
Economics of EE improvements (source: Bhattarchayya)
Energy Efficiency = Useful output of a process / Energy input into a process
1MWh of energy saved is more than 1MWh of energy produced
Why? Electric systems hav
Research paper: Latest date to submit is Wednesday at 11:59pm.
Research paper content is 25% of your grade (a large part of it comes
from the paper).
90% have submitted
THANK YOU for your time last Thursday
Value of Solar (Minnesota)
Dont need to add my suggestions from written paper
If you are scheduled to present at 4:05pm and dont show up until 4:15pm,
you will lose 1 point. The person scheduled 2nd will present an
Familiarize yourself with environmental legal process in USA and
Not all relevant to energy but important to see framework.
Relationship between states (source:Horenstein)
Idea that states c
You Majored in What?
What pops out for you?
The knowledge and courses needed to gain that knowledge for my
What is the most interesting part of the map? What speaks to you?
The most interesting part of the map is the
Briefly describe your family background (parents,
siblings, their education/career paths).
A little bit about my family: I have two sisters, one brother, and both of my
parents went to college. My father went to Univer
Infrastructure Utility Market
Read assigned readings by next Thursday.
Read Consent form, bring on Tuesday.
If recently enrolled: See me after class.
Canvas: 2-3 business days.
Will use email until
Removed 2 discussion post/attendance (10 points) for each person
Study guide will be posted by April 21
Final Exam is mandatory
Last lecture is next Tuesday
Remember NPV part of exam. If forget, will affect your grade!
Pollution and Health
Energy Sustainability Final Exam
Important: Cell phones / laptops and talking are not allowed. If I see you on your cell phone or
talking to someone, you will automatically get a 0 on this exam. Please make sure your exam has
7 pages. Partial
Economics of Sustainable
Syllabus / housework
To do list for next week
Choose 1 (or more):
Something about you thats interesting
Why you are taking this course
2. Energy Sustainability
Today: 1 discussion post due (note: working on Canvas)
For now, if you post an original article please write your name.
Thursday: Paper topic due
Sign up for Presentation dates.
Do you want
Renewable Energy Sources
Economics of Renewable Energy Generation
Main argument in favor of renewables: Externalities from fossil fuel
Slides for Final Exam
Taxes on pollution (Source: Perloff)
Governments may impose costs on polluters by taxing the amount of
pollution produced (or the output)
Advantage of taxing pollution rather than output:
Firms can ad
1. Table 1 shows a levelized cost comparison for electricity generation.
Levelized cost in cents per kWh
Location / Type
San Luis Obispo, California
Not being considered 8.6
St Louis, Missouri
Econ. Of Energy Sustainability
Exam 2 Take Home Section
Note: You can work on this with a classmate. Each person must submit their own answers. Answer sheets
cannot be identical. You must show all your work for full credit. Due date: A
Challenges to Implementing CO2
Abatement Policy in Florida
Director of Energy Studies
Public Utility Research Center
University of Florida
Leadership in Infrastructure Policy
The Carbon Dioxide Problem
Widespread recognition beg
Taking intermittency into
Levelized costs (source: Joskow)
Levelized costs look at the real lifecycle costs per MWh supplied. Used to
compare different types of electricity generation (go with cheapest)
Energy subsidies and taxes.
Energy Subsidies (Sources: Pyndick and Rubinfeld, IEA).
Payment reducing the buyers price below the sellers price
any government action that c
Cost Benefit Analysis
Will spend two lectures on CBA
Green book: Dont have to read entire document.
Net Present Value
Have short reading with what this is and how to calculate.
Important concepts for readings: Levelized