MEBn5042 Economics of Energy Corporations

Fakulta sociálních studií
jaro 2022
2/0/0. 3 kr. Ukončení: zk.
James Henderson, Ph.D. (přednášející), doc. Mgr. Jan Osička, Ph.D. (zástupce)
doc. Mgr. Jan Osička, Ph.D. (přednášející)
doc. Mgr. Jan Osička, Ph.D.
Katedra mezinárodních vztahů a evropských studií - Fakulta sociálních studií
Kontaktní osoba: Olga Cídlová, DiS.
Dodavatelské pracoviště: Katedra mezinárodních vztahů a evropských studií - Fakulta sociálních studií
! MEB442 Economics of Energy Corp. II && ! NOW ( MEB442 Economics of Energy Corp. II )
Omezení zápisu do předmětu
Předmět je určen pouze studentům mateřských oborů.
Mateřské obory/plány
předmět má 6 mateřských oborů, zobrazit
Cíle předmětu
The main goal of the course is to introduce the very basics of investing in energy-related projects. The course provides a brief theoretical basis related to the specifics of such investments, followed by multiple practical tasks through which the students gain firm understanding of the main tool for assessing an investment's viability: a discounted cash flow model.
Výstupy z učení
The course will provide the students with:
- an insight into the ways the energy investment projects are prepared and evaluated
- a basic skill to build and interpret a discounted cash flow model
  • Following on from the first lecture series, this course will take a more practical approach to energy economics by building cashflow models for specific projects and discussing the main building blocks behind them. Taking case studies from the oil, gas and electricity sectors, students will take part in an active process of constructing a discounted cashflow model in Excel, inserting the main revenue and cost lines, discussing the key assumptions and making decisions on the viability of projects. The first two lectures will cover the fundamentals of discounted cashflow models and how to use them, while the following six lectures will use the models that we have made to analyse one oil field, one major gas project and one power project in the same way that the Business Development Group of an energy company would consider a new investment. We will create a base case analysis as well as looking at various upside and downside scenarios, while discussing the key elements for a major investment decision. At the end of the week, students will be given another project to analyse and assess in their own time, in order to provide a short analysis and recommendation in written and graphical form for assessment by the course leader.
    povinná literatura
  • Clews, R.J. (2016). Project Finance for the International Petroleum Industry (289-310). Elsevier.
Výukové metody
Lectures, workshops, discussions
Metody hodnocení
Investment project assessment.
Vyučovací jazyk
Další komentáře
Předmět je vyučován každoročně.
Výuka probíhá blokově.
Předmět je zařazen také v obdobích jaro 2020, jaro 2021.