Training course on Economics, Policies and legal framework on Marine Renewable Energy

4 – 6 July 2022

Marine renewable energy (MRE) is expected to play a key role in efforts toward increasing energy sourced from renewables to achieve the net-zero emissions objective, consequently mitigating the effects of climate change. This course aims to introduce participants to the existing economics, policies and legal framework in the MRE field. Economics topics covered include benefit-cost estimations of new energy technologies, scenario techniques and external cost of energy use. It also examines legal regimes of MRE, including property rights, climate change and energy, marine environmental protection, and maritime safety and security. Finally, climate change policies, related instruments and their implementation. It is directed to all professionals linked to the marine and renewable energy sectors. Attendees will not need previous experience in this field.

General info

• The training course is organized by the School of Engineering, Computing and Mathematics and Plymouth Business School of the University of Plymouth.
• The training course is delivered in English.
• The course will be held through an online platform.
• Registration is accepted prior to the 30th of June 2022.
• Seats are limited to availability (25 seats).
• The course is free of charge!

Course contents

Part 1: Economics & Policy

• Introduction: Economics & marine ecosystem.
• Economic measures for decision making: CBA, LCOE, NPV and other selected measures; externality; scenario analysis; and life cycle analysis.
• Economic policies and incentives.

Part 2: Legal Regimes & Policy

• Introduction: the policy context of MRE development.
• National law background to marine renewable energy, including the various regulatory mechanisms.