GRA 8506 Energy Transition in a Carbon Constrained World


GRA 8506 Energy Transition in a Carbon Constrained World

Responsible for the course
Jon Lereim, (IFP)

Department of Leadership and Organizational Behaviour

According to study plan

ECTS Credits

Language of instruction

This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.

This course will offer participants the opportunity to discuss the requirements to provide energy for all in a 10 billion people world, while coping with the challenges of a changing climate.
As the world economy is today mostly fueled by fossil resources, the Energy transition module will present the tools (carbon pricing mechanisms, climate governance) and the solutions for a future decarbonized world (renewable energies, energy efficiency).
Through several lectures and discussions regarding technologies and their implementation in different sectors, the course will provide the participant with a vast and general overview of sustainable energy systems and their impact on the industries, society, environment, markets and our everyday life.

    Learning outcome
    Acquired knowledge
    Each session will be an opportunity to discover, review, analyze and discuss major recent developments in deployment of low-carbon technologies and energy transition policies, to explore key technical, economic, financial, social and political issues relevant to this area, such as financing of renewable energy projects, and energy efficiency policies review.

    Acquired skills
    Upon completion of this module, participants will be able to:
    · describe the main factors influencing the climate change and their economic implications
    · have an overview of the different types of emissions regulations : standards, carbon tax, cap-and-trade schemes…
    · understand the impact of renewable sources of energy over electricity markets and the different support schemes to support their development
    · set up a renewable energy project based on given geographic, economic and legal conditions
    · get an overview of the different energy efficiency measures and their specific financing mechanisms

    · get an analytical understanding of the energy transition issues, sustainability in the energy sector
    · understand the key concepts, tools and techniques of project management and how they are applied in the renewable and energy efficiency sectors

    Granted admission to the Executive Master of Management in Energy programme.

    Compulsory reading
    ARAUJO. 2014. The emerging field of energy transitions: Progress, challenges, and Opportunities
    Jones et al.. 2016. The 21st century population-energy-climate nexus. Energy Policy

    GILLINGHAM et al.. 2014. Energy efficiency economics and policies. Resources for the future

    IEA Key world energy statistics 2016
    UNEP Report. 2016. Global trends in renewable energy investments

    Recommended reading

    CRUCIANI. 2013. Year 2 of Germany’s energy transition. French Institute of International Relations (IFRI).
    POLLITT. 2012. The role of policy in energy transitions: lessons from the energy liberalisation era. Cambridge University Electricity Policy Research Group

    Christof RÜHL, BP Chief Economist. 2014. Energy consumption growth – one hump or two?. LinkedIn post
    Liebreich State of the industry keynote BNEF global summit 2016.
    REN21. 2016. Renewables Global Status Report
    TEDx Rainier, Amory LOVINS (2012), Reinventing Fire.

    Course outline
    The issue of climate change
    · The climate system and the physical aspects of climate change
    · Sources and drivers of greenhouse gases emissions
    · Challenges ahead: the +2°C ceiling

    Renewable energies: economic challenges & opportunities
    · Renewable markets overview (costs, installation volume,…)
    · Economics of renewable energies, market integration challenges and new business models
    · Renewable project management case-study

    Energy efficiency: finance & policy
    · Energy efficient solutions overview in different sectors (transport, building, industry)
    · Assessment of energy efficiency policies and finance mechanisms (national and international action plans, political challenges, financing)
    Greenhouse gases emissions regulations
    · Climate international governance: from Rio to COP21 & the Paris Agreement business implications
    · Carbon regulation: carbon markets (focus on EU, US, China)
    · Environmental fiscal regulation and norms

    Computer-based tools
    It's Learning and e-mail.

    Learning process and workload
    1 ECTS credit corresponds to a workload of 26-30 hours.

    Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials

    The students are evaluated through an individual 72 hours home exam, counting for 5 credits.

    Specific information regarding student evaluation beyond the information given in the course description will be provided in class.

    Examination code(s)
    GRA 85061 - Home exam; counts for 100% to pass the course GRA 8506; 5 credits.

    The course is a part of a full Executive Master of Management in Energy (EMME) and examination in all courses must be passed in order to obtain a certificate.

    Examination support materials

    Re-sit examination
    Re-takes are only possible at the next time a course will be held. When course evaluation consists of class participation or continuous assessment, the whole course must be re-evaluated when a student wants to retake a exam. Retake examinations entail an extra examination fee.

    Additional information