Energy Decisions, Markets, and Policies

Video Lectures

These video lectures of Professor Richard Schmalensee teaching 15.031J were recorded live in the Spring of 2012. Support for the video production was provided by the Bechtel Foundation.

Please note that Lecture 7: Climate Agreement Negotiations I, an in-class activity that took place for the duration of the class session, is not included in this collection.

Lecture 1: This Course and The U.S. Energy System

Lecture 2: Comparative Energy Systems

Lecture 3: U.S. Energy Problems

Lecture 4: The Market and The State

Lecture 5: Path Dependence in Energy Systems

Lecture 6: Climate Science and Policy

Lecture 8: Economics of Energy Demand

Lecture 9: Energy Use by Individuals and Households

Lecture 10: Normative Frameworks for Business Decisions

Lecture 11: Business Decisions in Reality: CHP at Hexion

Lecture 12: Organizational Decision-Making: Biodiesel at MIT

Lecture 13: Developing Profitable Strategies

Lecture 14: Innovation and Energy Business Models

Lecture 15: Non-Renewable Energy Resources

Lecture 16: Shale: Opportunities & Challenges

Lecture 17: (Yesterday’s &) Today's Electric Power System

Lecture 18: Tomorrow’s Electric Power System

Lecture 19: Making Public Policy

Lecture 20: Social Movements

Lecture 21: U.S. Environment Policy

Lecture 22: Economic Development & Green Growth