GRA 8506 Climate Policy and Low-Carbon Technologies

GRA 8506 Climate Policy and Low-Carbon Technologies

Course code: 
GRA 8506
Department: 
Strategy and Entrepreneurship
Credits: 
5
Course coordinator: 
IFP
Course name in Norwegian: 
Climate Policy and Low-Carbon Technologies
Product category: 
Executive
Portfolio: 
MME - MM specialisation in Energy
Semester: 
2027 Spring
Active status: 
Active
Level of study: 
Master
Teaching language: 
English
Course type: 
One semester
Introduction

This course is part of the 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 sustainable energy for all, while coping with the challenges of a changing climate.

As the world economy is today mostly fuelled by fossil resources, the Climate policy and Low-carbon technologies module will present the tools (carbon pricing mechanisms, climate governance) and address 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

Upon completion of this module, participants shall be able to:

  • Critically evaluate recent developments in the deployment of low-carbon technologies by mobilizing relevant economic theories and past energy transition policies, and to design a justified policy or investment recommendation for a given energy transition case.
  • Evaluate key technical, economic, financial, social and political issues relevant to this area, including deployment of low-carbon energy systems, financing of renewable energy projects, and carbon pricing systems.
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
  • Distinguish between the different types of emissions regulations: standards, carbon tax, cap-and-trade schemes   
  • Analyze the impact of renewable sources of energy over electricity markets, the role of storage in smart energy systems Explain the different concepts associated with net-zero emissions strategies
  • Critically analyze market players commitment in that framework
General Competence

Upon completion of this module, participants shall be able to:

  • Critically evaluate analysis and forecasts related to the energy transition issues, and the sustainability goals in the energy sector.
  • Independently assess and analyze the impact of and importance of carbon capture, storage, hydrogen and the associated constraints 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

Energy transition policies

  • Low carbon technologies and their integration in energy systems
  • Low-carbon transition and climate regulation: navigating an ever-changing framework

Webinars:

  • 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 Master of Management in Energy (MME) 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.
Qualifications

Granted admission to the Master of Management in Energy programme. Please consult our student regulations.

Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Submission PDF
Exam/hand-in semester: 
First Semester
Weight: 
40
Grouping: 
Individual
Duration: 
48 Hour(s)
Comment: 
Digital home exam, Quiz, counting 40% of the final grade.
Exam code: 
GRA 85065
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Exam category: 
Submission
Form of assessment: 
Submission other than PDF
Exam/hand-in semester: 
First Semester
Weight: 
60
Grouping: 
Group (3 - 6)
Duration: 
6 Week(s)
Comment: 
Group assignment and a video presentation to defend the case, counting 60% of the final grade.
Exam code: 
GRA 85066
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
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: 
130

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.

Reading list