GRA 8506 Energy Transition in a Carbon Constrained World (2023/2024)

GRA 8506 Energy Transition in a Carbon Constrained World (2023/2024)

Course code: 
GRA 8506
Strategy and Entrepreneurship
Course coordinator: 
Lars Huemer
Course name in Norwegian: 
Energy Transition in a Carbon Constrained World (2023/2024)
Product category: 
EMME - EMM specialisation in Energy
2024 Spring
Active status: 
Level of study: 
Teaching language: 
Course type: 
One semester

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, the role of storage in smart energy systems
  • grasp the different concepts associated with net-zero emissions strategies and analyze market players commitment in that framework
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: implications of a “well-below 2°C” world

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


  • Webinar: Energy efficiency: finance & policy
  • Webinar: Shaping sustainable mobility
  • Webinar: The role of storage and hydrogen in smart energy systems
  • Webinar: Net-zero emissions: an overview of companies’ strategies
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.

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.

In all BI Executive courses and programmes, there is a mutual requirement  
for the student and the course responsible regarding the involvement of the student's experience in the planning and implementation of courses, modules and programmes. This means that the student has the right and duty to get involved with their own knowledge and practice relevance, through the active sharing of their relevant experience and knowledge.

Software tools
No specified computer-based tools are required.

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


Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Exam category: 
Form of assessment: 
Submission PDF
6 Hour(s)
Digital home exam, Quiz, counting 40% of the final grade.
Exam code: 
GRA 85065
Grading scale: 
Examination when next scheduled course
Exam category: 
Form of assessment: 
Handin - all file types
Group (3 - 6)
6 Week(s)
Group assignment with video presentation, counting 60% of the final grade
Exam code: 
GRA 85066
Grading scale: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
Student workload
30 Hour(s)
20 hours on-site + 8 hours Webinars + 2 hours eLearning video
Student's own work with learning resources
100 Hour(s)
Sum workload: 

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.