EME 444
Global Energy Enterprise

Introduction

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Did you complete the course orientation?

Before you begin this course, make sure you have completed the Course Orientation.

Stop sign with the word 'consuming' added to it, so that it reads 'STOP consuming'
STOP CONSUMING
Credit: mermaid via flickr CC BY-NC-ND 2.0

Overview of Lesson 1

Effective analysis of non-market issues requires a framework for evaluating those issues. This lesson provides a systematic set of considerations that are useful for characterizing and analyzing issues that may result in non-market activity.

Lesson 1 also introduces a Case Study that will carry over for several lessons. The Case Study demonstrates nonmarket analysis related to legislation regarding Renewable Portfolio Standards (RPS) policy. RPS programs are widely used to promote the use of renewable energy. This case study will help you understand and master both the structure and mechanics of RPS programs and the step-by-step analysis of nonmarket issues. In this lesson, we will learn the fundamentals of nonmarket analysis and delve in to the details of how RPS programs work.

What will we learn?

By the end of this lesson, you should be able to:

  • clearly explain nonmarket environments and the lifecycle of nonmarket issues;
  • identify nonmarket issues, stakeholders, and initial policy positions;
  • know how to acquire and/or generate the information necessary for non-market issue analysis;
  • assess demand for nonmarket action (per capita benefits, aggregate benefits, substitutes);
  • assess supply of nonmarket action (cost of organizing, number of members, coverage, resources);
  • understand fully renewable portfolio standard (RPS) structure, terminology and mechanisms.

By the end of this lesson, you should have an initial understanding of how to:

  • organize and tabulate information to facilitate drawing conclusions from your analysis;
  • predict a stakeholder's likelihood of taking nonmarket action;
  • be able to state and defend a prediction from your analysis (how the issue is likely to turn out) and identify key stakeholders (the stakeholders most important for driving the issue to its predicted resolution).

What is due for Lesson 1?

The table below provides an overview of the requirements for Lesson 1. For details, please see individual assignments.

Please refer to the Calendar in Canvas for specific time frames and due dates.

To Do List for Lesson 1
REQUIREMENT SUBMITTING YOUR WORK
Read Lesson 1 content and any additional assigned material Not submitted.
Weekly Activity 1 Yes—Complete Activity located in the Modules Tab in Canvas.
Review list of current Case Study Issues and complete survey. Yes - See Course Calendar for Case Study Issue Interest Survey due date. There is a lot of information to digest, so please start reading through the Case Study descriptions sooner than later this week.  Don't forget that this counts toward your final grade!  Note that this is located in the Modules tab under "Case Study Assignments."