Course objectives: Understanding of lectures and exercises according to the units from the course content, as well as knowledge from the required literature, application of the acquired knowledge in solving problems in the field of energy geopolitics and energy security.

Course content: 

• Fundamental terms in geopolitics of energy and energy security;
• Global geopolitics relations and changes;
• Strategic role of energy sources, analysis of correlations between energy consumption and economy growth, globalisation;
• Energy sources and their global distribution, energy resources and reserves, characteristics of balancing each primary energy sources (coal, oil, natural gas, LNG, electricity);
• Examples of analysis and evolution of global energy consumption according to different sources;
• Energy markets and fundamental geopolitics relations on energy markets;
• Strategic management of energy systems
• Analysis of regulations for energy security assurance;
• Examples of regulation with the purpose of security of supply assurance and regulation of the prices;
• Energy sources storage for security of supply assurance, mandatory and strategic reserves of energy sources;
• Analysis od energy sources storage on regional and national markets (EU, Croatia);
• Examples of authorities and influence of national regulatory bodies and market operators in energy sources security of supply assurance;
• Examples of systems and measures for incentivizing energy efficiency (EU, Croatia);
• Particularities of energy sources markets (occurrence of monopolies, market globalization, policy influence, especially on resources and main (fossil) energy sources pathways);
• Examples of analysis of each particularity of energy markets (natural monopoly, market monopoly, domination of energy companies group, geopolitical influence on energy markets).

Learning outcomes at the level of the course:

• Explain the role of energy in economy;
• Compare the relations in energy consumption, and relations in the distribution of energy sources;
• Establish the relations in supply and energy sources supply systems on the national market;
• Discuss the fundamentals of energy policy and influence of energy policy on energy distribution and usage;
• Interpret energy sources security of supply in economy;
• Explain special methods of energy analysis and application to energy distribution and usage;
• Link the relations in energy distribution and usage;
• Create an energy policy on the national economy level and application of energy policy to energy distribution and usage systems;
• Create energy strategies with the purpose of assuring security of supply.