Downstream Energy Law and Policy module (CP51002)

Downstream Energy Law and Policy focuses on the regulation and structure of gas and electricity markets, particularly in liberalised and semi-competitive environments. It addresses the legal frameworks governing the distribution and sale of energy, ensuring market entry regulations, interactions between producers and suppliers, and measures for the security of supply.

This field also involves policies to control consumer prices and manage investment risks for additional capacity. Key stakeholders include government bodies, independent regulators, market operators, and transmission system operators.

The goal is to ensure reliable, affordable energy delivery while navigating challenges like market liberalization and climate change.

What you will learn

In this module you will:

• have a knowledge of the main types of legal mechanisms (both legal and regulatory) which are used to regulate the downstream energy industry and the main contractual mechanisms
• have a critical understanding of the role of regulators in the reform of the downstream, energy industry;
• have a critical understanding about policy debates and the implementation of policy changes
• critically analyse and understand issues relating to the regulation and reform of the downstream energy industry, informed by developments at the forefront of the subject

By the end of this module you will be able to:

• undertake an evaluation of a legal and regulatory regime or of a structural reform of a downstream energy industry
• participate in the drafting of laws, regulations or contracts with a downstream energy industry;
• identify and conceptualise approaches and strategies relating to legal and regulatory issues in a downstream energy industry;
• exercise autonomy and initiative in the identification and addressing of problems and issues in the field of study.

Assignments / assessment

• 2 x Remote online open-book assessments
  • Assessment mid-semester (40%).
  • Assessment end of Semester (60%)

Teaching methods / timetable

This module will be delivered by a combination of

• lectures
• students’ presentations
• group discussion and teamwork

You will be encouraged to read in advance and participate in discussion.