Energy and Power Financing Markets

This course explores the financing structures that underpin the development and transformation of global energy and power markets. Students will examine how asset-based, project, and tax-driven financing mechanisms have evolved to meet the growing demands for conventional and clean energy, and how these tools can be leveraged to support the transition to a low-carbon economy. Through case studies and lectures, the course introduces the financial, regulatory, and policy frameworks that shape energy markets, with an emphasis on U.S. practices and instruments. Topics include reserve-based lending in oil and gas, project financing for power generation, Master Limited Partnerships in midstream infrastructure, and renewable energy finance strategies. Special focus is placed on aligning commercial viability with sustainable development objectives, addressing greenhouse gas emissions, and ensuring affordable access to energy. Students will develop applied skills in evaluating financing approaches, assessing project risks, and reconciling financial structures with physical energy system requirements.