Syllabus
KU-GSIS
Political Economy of Energy
Fall, 2016
Prof. Jae-Seung Lee
Class Hours: Wed. 9:00-11:45
Office Hours: Mon, Wed, 15:30-17:30
E-mail: jaselab@korea.ac.kr
Course Overview
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Understanding the concept of energy security
Understanding major energy statistics
Understanding key regional issues in global energy transaction
Understanding the rising issues in global energy relations
Analyzing energy policies and understanding diverse energy perspectives.
Jan Kalicki & David Goldwyn, eds., <Energy & Security> (Johns Hopkins University Press,
2nd Edition, 2013) (Purchase either soft copy or kindle)
Statistics: BP, EIA, IEA
Other readings will be posted on the class website (blackboard)
Evaluation:
 Mid-term Exam (40%)
 Final Paper (30%)
 Presentation (15%)
 Attendance & Participation (15%)
Useful Links
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http://www.eia.doe.gov
Individual countries: http://www.eia.gov/countries/#allcountries;
http://www.eia.gov/countries/#cabs (with Analysis Briefs)
Regional & Topic Analysis Briefs: http://www.eia.gov/countries/#rtabs
http://www.iea.org
http://www.opec.org
http://www.bp.com
Download Statistical Review: http://www.bp.com/en/global/corporate/about-bp/energyeconomics/statistical-review-of-world-energy/statistical-review-downloads.html
Class Schedule: * More readings will be added.
Introduction
Week 1 (9/7)
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Course Overview
Course introduction
Key energy issues & concepts of energy policy
Kalicki and Goldwyn (KG): Introduction
Week 2 (9/14)
Holiday (No class)
Part I. Energy Statistics and Outlook (Lectures)
Week 3 (9/21)
Understanding Energy Agenda (I)
 BP Statistics of World Energy (File on the Blackboard)
http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-worldenergy.html
 BP Energy Outlook 2016 (File on the Blackboard)
Week 4 (9/28)
Understanding Energy Agenda (II)
 BP Statistics of World Energy (File on the Blackboard)
Week 5 (10/5)
Special Lecture in Energy Policy (I)
 Energy Geopolitics (AV: <Blood and Oil> )
 Nuclear Waste Management (AV: <Into Eternity>)
Week 6 (10/12)
Energy Outlook: IEA, EIA
 IEA World Energy Outlook 2016 (file on the Blackboard)
 EIA Energy Outlook 2016 (file on the Blackgoard)
 Comparing energy outlooks
Week 7 (10/19)
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Energy Security
Key issues of energy security
Producer vs Consumer / NOC vs IOC
Global energy governance
Kalicki & Goldwyn (KG), Part I (except for Ch. 5)
Week 8 (10/26)
Mid-term exam
Part II. Energy Geopolitics & Energy Security (Lectures & Presentations)
Week 9 (11/2)
Middle East, OPEC & Africa
OPEC: The breakdown of a cartel?
Saudi Arabia: Twilight in the Desert?
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Iran & Iraq: New big players in the global energy market?
EIA: Country Report-Saudi Arabia, Iran, Iraq / MENA (Regional report)
KG, Part III & Ch.5
Foreign Affairs, “How OPEC Lost Its Bite” (2015.12)
Week 10 (11/9)
North America & Latin America
The US Shale Revolution
Canada as an energy player
Venezuela & Brazil
 EIA: Country Report-Canada, Venezuela, Brazil
 KG, Part V
Week 11 (11/16)
Europe, Russia, Caspian Sea & Arctic
Russia: Challenges to the energy empire
Caspian Sea: Still a New Great Game?
EU: Energy Union / Sustainable Energy Agenda
 EIA: Regional Report-Caspian Sea / Country Report-Russia
 KG, Part II
Week 12 (11/23)
East Asia
China / Japan
East China Sea / South China Sea
South Korea / North Korea
 EIA: Regional Report-Cast China Sea, South China Sea
 EIA: Country Report-China, Japan, South Korea, North Korea
 KG, Part IV
Part III. New Paradigms: Climate Change & Renewable Energies (Lectures & Presentations)
Week 13 (11/30)
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KG, Part VI
IEA, Renewable Energy-Medium Term Market Report 2015 (Executive Summary)
IEA, Energy Technology Perspectives 2015 (Executive Summary)
Week 14 (12/7)
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Climate Change & Renewable Energies
Post-Paris climate governance
Renewable energies: Policy & Technology
(Solar, Wind, Bio, Tidal, Geothermal, etc.)
Renewables, Nuclear & Energy Technologies
Energy efficiency, conservation & demand management
Nuclear Energy: Pros & Cons
KG, Part VI
NEI, Nuclear Energy 2016-Status and Outlook (Wall Street Briefing)
Readings to be added
Week 15 (12/14)
Wrap-up seminar: The Choices for Korea’s Energy Policy
 Readings to be added
Week 16 (12/21)
Term paper due