Economics of the Clean Energy Transition

The Economics of the Clean Energy Transition course, offered by Stanford Online, is an on-demand online program that examines the shift toward a clean energy economy, focusing on the economic perspectives of competing energy resources and the challenges of decarbonization. It addresses the perspectives of corporate investors and households, evaluating pathways to reduce carbon emissions while considering cost-effectiveness and public policy influences. Through real-world case studies, participants learn to compare energy systems, assess financial viability, and understand the role of incentives, taxes, and regulations in accelerating the transition from fossil fuels. Priced at $495, the course provides 0.5 CEU-equivalent units and is accessible for 60 days, making it suitable for those interested in timely, practical insights into sustainable energy economics.

Core Content

The curriculum covers the economics of energy resources, emphasizing comparisons between traditional fossil fuels and clean alternatives like renewables, electric vehicles, and energy storage. Key topics include assessing capital and operating costs using tools such as Levelized Cost of Electricity (LCOE) and Levelized Cost per Mile Driven (LCOMD) calculators. It explores public policy instruments like taxes, regulations, and incentives to promote decarbonization, alongside the evolving business models of utilities. Real-world case studies illustrate decision-making processes for adopting clean energy solutions, highlighting prospects for future cost reductions and the self-interest dynamics driving adoption.

Key Skills

Participants develop the ability to evaluate the cost competitiveness of energy technologies, calculate project costs using LCOE and LCOMD, and analyze market and policy roles in addressing carbon emissions. The course builds competencies in comparing renewable and fossil fuel systems, understanding utility business model changes, and applying economic theory to energy transitions. Graduates gain practical expertise in assessing investment incentives, recognizing policy impacts, and forecasting future reductions in clean energy costs.

Target Learners

This program is designed for business leaders, policy makers, and the general public interested in clean energy economics, including professionals without engineering or energy backgrounds. It suits those seeking to understand decarbonization pathways, such as investors, managers, or enthusiasts aiming to make informed decisions on sustainable solutions.

Learning Format

The course is 100% online and on-demand, requiring about 6 hours to complete over 60 days of access. It features self-paced modules with interactive calculators, case studies, and assessments, delivered through Stanford Online's platform.

Additional Benefits

Completing the course awards 0.5 CEU-equivalent units, enhancing professional credentials in energy economics and sustainability. Learners gain access to practical tools for real-world application, supporting informed contributions to the clean energy transition.

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