GRA 6851 Energy in Green Transition: Markets, Policies and Business Innovation
GRA 6851 Energy in Green Transition: Markets, Policies and Business Innovation
European energy policy is driven by three separate but interlinked goals: competition, sustainability, and security. Changing geopolitics and geoeconomics, regulatory politics, customer behavior, corporate strategy, new technology, and increasingly global markets are driving changes in an energy world that combines the indispensable task of ensuring supply security with transition to low carbon economies and addressing energy poverty.
The course highlights the sources of these changes, and what they mean for energy policy, markets, and innovative business reconfiguration.
The course presents the students with analytical tools and perspectives that can help understand and orchestrate technology development, market design and innovative business models towards affordable, low carbon, secure, and sustainable energy systems. While addressing current energy challenges, the course introduces the students to a broad set of perspectives and analytical tools, including:
- Principles of regulation and market design;
- Principles of environmental policy and environmental economics;
- Innovation theory applied to green and de-centralized energy;
- Technological perspectives on the interplay between IT, flexible demand, distributed generation, energy storage and advanced power electronics;
- The business model perspective and its use to clarify the options and challenges for green transition and a circular economy at the firm level;
- The security challenges driven by energy geopolitics and their interplay with the green transition.
Through invited industrial contributors, the course will supplement the theoretical perspectives with 'hands on' experience from practical cases
The candidate should be in a position to:
- Analyse energy systems and discussing policies for low carbon transition;
- Analyse the geopolitics of energy and the relationship between energy security and other aspects of energy policy.
- Evaluate strategies and business models for sustainability-based innovation and value creation;
- Understand the interplay between central and distributed energy supply systems under IT
The candidate should be able to critically asses the strengths and weaknesses of energy policy, energy strategy and energy market analyses, in the context of wider societal developments.
The candidate should also be in a position to acquire skills at honestly communicating the premises and limitations of their work and their conclusions.
- Energy as a private, public and strategic good
- Energy and the Climate Challenge: Policy Challenges and the Need for Integrated Solutions
- Towards Green Transition: Perspectives and Tools
- Innovation and Industrial Transformation: The incorporation of distributed energy production and storage solutions alongside the central systems.
- Business Models for the 21st century: Facing the Security, Green and Digital Challenges
- Green energy transition: Industrial cases
The teaching and learning activities consist of a combination of lectures, guest speakers, student presentations and group work.
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class.
This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 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 examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course starts.
At resit, all exam components must, as a main rule, be retaken during next scheduled course.
All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.
Disclaimer
Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.
| Assessments |
|---|
Exam category: Activity Form of assessment: Class participation Weight: 30 Grouping: Individual Duration: 1 Semester(s) Exam code: GRA 68511 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
Exam category: Submission Form of assessment: Written submission Weight: 70 Grouping: Group (1 - 3) Duration: 1 Semester(s) Comment: Assignment Exam code: GRA 68511 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 36 Hour(s) | |
Group work / Assignments | 30 Hour(s) | |
Student's own work with learning resources | 94 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.