EBF 200
Introduction to Energy and Earth Sciences Economics


Summary and Final Tasks


In this lesson, our final lesson of the course, we took a look at some of the issues facing one of the most important sources of energy used in our everyday lives, electricity. We examined the economic fundamentals behind various parts of the electricity value chain. We looked at the supply and demand aspects of the market. We then looked at some of the forces that are likely to shape the changes that are expected in this industry over the next ten years:

  • The challenge to coal fired generation coming from a collection of new environmental regulations.
  • The regulatory efforts to incentivize the creation and use of more renewable energy sources for electricity generation.
  • The future of nuclear power in the wake of the recent Japanese nuclear accident.

If you log in to Canvas, you will find the task to be completed for this lesson: an online multiple choice quiz.

Have you completed everything?

You have reached the end of Lesson 12! Double check the list of requirements on the first page of this lesson to make sure you have completed all of the activities listed there.

Tell us about it!

If you have anything you'd like to comment on or add to the lesson materials, feel free to post your thoughts in the discussion forum in Canvas. For example, if there was a point that you had trouble understanding, ask about it.