Resource Economics 499DA - HnrsThesisSem-Econ/RenewblEnrg

Transitioning our energy system to one that is supplied primarily by clean and renewable energy sources is arguably one of the most important challenges of the 21st century. Modern society depends on reliable and affordable energy supply and energy markets affect all economic sectors including corporations and households. The success of the energy transition will depend on the development and deployment of new technology, as well as market mechanisms and policies to support this transition. This course will explore economic aspects of the renewable energy transition, including the costs and benefits of electricity from solar and wind, the environmental impact of energy consumption, and policies to support market growth and technology adoption. We will also cover topics related to equity in energy markets and how the renewable energy transition can contribute to social welfare and equity. Course content will also include topics related to research development, writing, and presentation. Students will develop research proposals in the Fall and complete their Honors Theses in the Spring.

CHC Seniors of all majors are encouraged to apply. Prospective students should email Professor Christine Crago at ccrago@umass.edu with a brief essay that discusses their (1) coursework and experience in economics and other fields related to renewable energy, and (2) motivations for taking the course.