GRA 8506 Energy Transition in a Carbon Constrained World (2019/2020)

GRA 8506 Energy Transition in a Carbon Constrained World (2019/2020)

Course code: 
GRA 8506
Department: 
Leadership and Organizational Behaviour
Credits: 
5
Course coordinator: 
Jon Lereim
Product category: 
Executive
Portfolio: 
EMME - EMM specialisation in Energy
Semester: 
2020 Spring
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

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 outcomes - Knowledge

The candidates will acquire professional knowledge regarding insights in how to discover, review, analyze and discuss major recent developments in deployment of low-carbon technologies and energy transition policies,

The students will develop competences on how 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.
 

Learning outcomes - Skills

Upon completion of this module, participants shall 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
General Competence

The candidates shall being capable of critically review analyses and forcasts of the energy transition issues, and the desire for sustainability in the energy sector

The candidates shall be capable of independently assess and analyse the impact of and importance of carbon capture and the associated constraints necessary to limit carbon emissions

Course content

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
Teaching and learning activities

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.

This is a course with continuous assessment (several exam components) and one final exam code. Each exam component will be graded using points on a scale 0 -100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the course. Students who fail to participate in one/some/all exam components will get a lower grade or may fail the course. Candidates may be called in for an oral hearing as a verification/control of written assignments.

Specific information regarding the points system and the mapping scale beyond the information given in the course description will be provided in class. This information may be relevant for requirements for term papers or other hand-ins, and/or where class

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.

Software tools
No specified computer-based tools are required.
Qualifications

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

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA 85061
Grading scale:
Point scale
Grading rules:
Internal and external examiner
Resit:
All components must, as a main rule, be retaken during next scheduled course
50Yes1 Hour(s)
  • No support materials
Individual Quiz, counts 50% of the final grade.
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA 85061
Grading scale:
Point scale
Grading rules:
Internal examiner with external supervisor
Resit:
All components must, as a main rule, be retaken during next scheduled course
50No4 Week(s)Group ( 2 - 8)Gorup case study, counts 50% of the final grade.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:50
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • No support materials
Duration:1 Hour(s)
Comment:Quiz, counts 50% of the final grade.
Exam code:GRA 85061
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:50
Invigilation:No
Grouping (size):Group (2-8)
Support materials:
Duration:4 Week(s)
Comment:Gorup case study, counts 50% of the final grade.
Exam code:GRA 85061
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Type of Assessment: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100
Sum workload: 
0

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 5 ECTS credit corresponds to a workload of at least 135 hours.