Energy Systems Short Course

Learn skills in analysing the financial, technical, and environmental performance of energy projects.


The Energy Systems Short Course teaches skills in analysing the financial, technical, and environmental performance of energy projects. The course centres on practical, hands on, modelling exercises. Participants develop their own spreadsheet models, and learn how to answer questions such as: Is a proposed wind farm or gas turbine a good investment? What is the probability that it will earn a commercial rate of return? What is the best financing structure for the project?


  • Introduction and basics of finance
  • Capital – Debt and equity, cost of capital, discounted cash flow and NPV
  • Financial analysis of electricity generation – renewable and fossil fuel technologies
  • Unconventional natural gas extraction technology
  • Financial analysis through Real Option Value (ROV)

Course delivery

This year's course will run from 29 June to 23 July 2022. All classes will be scheduled outside of business hours, on Wednesdays, Thursdays and Saturdays. The course will be held in a hybrid format (in-person and online). Students are expected to attend in person at the University of Melbourne campus in Parkville, Victoria. Zoom links will be available for those unable to attend.


The course is free of charge for University of Melbourne graduate students. Preference will be given to final year PhD students, but all graduates are encouraged to apply. The course is open to all other participants for a fee of $5,000 (excluding GST) per place.

How to apply

Applicants are requested to click the button below and complete the form. Applications close 11:59 pm, Wednesday 22 June 2022. Successful candidates will be notified via email.


Course information

Download the course guide for more information on the learning modules and schedule.

Presenter and Convener

Dr. John Burgess is a chemical engineer with extensive industrial and research experience. This includes a long and distinguished career at BHP, where he rose to senior executive level. He was also recently the Chair of the CSIRO Energy Advisory Committee for a number of years. John is an Honorary Professorial Fellow at the University of Melbourne, an Adjunct Professor at the University of Queensland, and a Fellow of the Academy of Technological Sciences and Engineering (ATSE).


Jonathan Anderson is a Sustainability Manager with Keolis Downer, and former Senior Engineer with engineering consultancy Arup. He has extensive experience across renewable energy generation and storage, water and wastewater management, mining, waste, agribusiness, freight and logistics, and process automation. Jonathan was a student of the 2018 Energy Systems Short Course, and has assisted Dr. Burgess with teaching the course since 2020.

How to apply

Applications for the 2022 Short Course will open soon. For more information, please email

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