ENS 480 - Registration for FENS Students | Faculty of Engineering and Natural Sciences

Due to program-based restrictions imposed by the Information System, registration to ENS 480 is possible only with special approval. The registration to ENS 480 will be open to all FENS students only on the third day of the registrations. Requests will be approved on a first-come-first-serve basis considering a program-specific quota depending on the percentage of the student population of each program at FENS. Therefore, you have to place a special approval request today, and wait for your approval until the opening of the registrations on the third day. If there is still space after the first round of approvals, the rest of the requests will be approved throughout the registration period. Please, see the course syllabus below.

ENS 480 - IR 404 - ES 504

Energy: Supply Chain, Economics and Geopolitics

Short Syllabus

Spring 2014-2015

Course Description

This introductory course on “energy” is composed of two parts. The first part (taught by Dr. Kaya and Dr. Şahin) considers the supply and distribution of energy and electricity, as well as the relevant market and decision processes. The second part (taught by Dr. Evin) focuses on energy geopolitics. The course aims to provide a big-picture view of energy supply chains to help students understand the interdependencies between technology, business, economics, environment and international politics regarding energy-related issues.

Note that scientific and technological aspects of energy, which are covered in the FENS elective courses ENS 207 and ENS 315, are not at the core of this course.

Instructors

Dr. Ahmet Evin FASS 2105, aevin@sabanciuniv.edu

Dr. Murat Kaya FENS G020, mkaya@sabanciuniv.edu

Dr. Güvenç Şahin FENS 1108, guvencs@sabanciuniv.edu

Teaching Assistants

Arzu Özbey (FENS), ozbeyarzu@sabanciuniv.edu

The second assistant, to be announced (FASS)

Course Schedule

Friday,11:40-2:30, FASS G022

Prerequisites

None

Tentative Course Outline

Week #	Topics
1	Introduction & Energy fundamentals Course outline and policies. Course content intoduction
2-3-4	Energy supply (Dr. Kaya) Oil: Exploration, extraction, refining (different products), transportation, distribution processes. Global reserves and production. Unconventional oil resources. Oil markets and price formation. Natural gas: Reserves, pipelines, LNG. Shale gas and other unconventionals. Markets and contracts. Coal Renewables: Hydro, wind, solar, geothermal. Biofuels. Renewable policies. Nuclear energy For each source, characteristics, worldwide distribution, related technology, relative advantages and disadvantages. Environmental impact, investment issues, historical usage trends, future projections.
5	Energy demand (Dr. Şahin) Energy usage in daily life. Transportation, heating/cooling, lighting, appliances, manufacturing, agriculture etc. Measuring energy use. Energy efficiency. Energy content of products. Historical trends and future projections.
6	Electricity (Dr. Şahin) Physics of electricity: Voltage, resistance, AC/DC etc. Production: Technology for each primary energy source. Investment and production costs. Intermittency issues. Environmental effects. Distribution network: Physical network components. Network operation. State of affairs in Turkey. History and trends. Plant types. Distribution issues.
7	Electricity markets (Dr. Şahin) Market operation. Determination of prices. Producer, retailer and consumer problems. Risk and incentive issues. Decision support tools. Situation in Turkey: Privatization, deregulation.
8	Energy security (Dr. Evin)
9	Turkey & Its neighbors (Dr. Evin) Middle East & North Africa, rentier states, resource curse
10	Content to be determined (Dr. Evin)
11	Turkey & Its neighbors (Dr. Evin) Russia & Euroasia
12	EU energy policies (Dr. Evin)
13	Energy policies in Turkey Energy policies and regulatory environment in Turkey (Dr. Izak Atiyas) Nuclear energy policy in Turkey (Dr. Serhat Yeşilyurt)
14	Energy industry in Turkey (Panel with guest speakers) Industry players, companies. Historical perspective and future predictions. Career opportunities and required skills. Guest speakers from energy companies.

Textbook and Reading Material

There is no main textbook for the course. Instead, we will use various reading material including book chapters, white papers and reports. Below, we list a number of sample reading material and resources. Additional readings will be posted at SUCourse from time to time.

Sustainable energy without the hot air. D. J. MacKay. Free pdf book available at http://www.withouthotair.com/

The Prize: The Epic Quest for Oil, Money & Power. D. Yergin. 2009.
Decision Making under Uncertainty in Electricity Markets. A. J. Conejo, M. Carrion, J. M. Morales. Springer, 2010.
IEA World Energy Outlook Reports
- http://www.worldenergyoutlook.org/
- US Energy Information Administration
  - http://www.eia.gov/
  - Note on Energy. Stanford Graduate School of Business, 2008.
  - The Global Politics of Energy. Campbell and Price.
  - EIA (DOE) International Energy Outlook 2010 http://www.eia.doe.gov/oiaf/ieo/pdf/0484%282010%29.pdf
  - ExxonMobil “The Outlook for Energy A View to 2030” http://www.exxonmobil.com/corporate/files/news_pub_eo_2009.pdf
  - Royal Dutch Shell “Shell energy scenarios to 2050” http://www-static.shell.com/static/public/downloads/brochures/corporate_pkg/scenarios/shell_energy_scenarios_2050.pdf
    - Ahmet O. Evin, Energy and Turkey’s Neighborhood: Post Soviet Transformations and Transatlantic Interests