Current active subject description (last updated 2024/25)
Energy Transition
ECO5032
Current active subject description (last updated 2024/25)
Energy Transition
ECO5032
The course addresses the conceptual and practical issues of global energy transition relevant for business and corporate sector managers as well as those working in public and third-sector organizations.
The course addresses the conceptual and practical issues of global energy transition relevant for business and corporate sector managers as well as those working in public and third-sector organizations. The overall aim of the course is to equip students with conceptual analytical frameworks to navigate the complexities of policy-making, governance, and strategizing for energy sector organizations in the era of climate change. The course is structured into four broad themes, three of which convey global, state, and business/corporate perspectives on energy transition, while the fourth addresses the role of energy resources in shaping political economy and national history and embraces important philosophical considerations of energy transition. Each session addresses Arctic region as a vivid and globally important arena for energy transition processes.
It is possible to apply for admission to the course as a single course. There are reservations about the available capacity on the course. The applicant must meet the current admission requirements for the Master of Science in Sustainable leadership and Arctic perspectives program.
Students must fulfill the admission requirements for MSc in Sustainable leadership and Arctic perspectives
Knowledge
- Be able to explain and argument the relevance of sustainability and sustainable development concepts to energy management through different theoretical perspectives
- Be able to navigate confidently through the sectoral regulations of global energy industry and refer to particular regulative provisions to certain institutional structures both regarding national and supra-nation regulative frameworks
- Be able to address various aspects of governance and management of the energy sector, in particular be able to contextualize and frame the possible managerial situations, such as national and local ripple effects in energy projects, via relevant theoretical perspectives and specific regulative provisions while being insightful to multiple stakeholders and their interests in the energy industry
Skills
- Can problematize environmental, social and economic aspects of energy transition
- Can employ the earlier acquired general knowledge about central economic and managerial aspects of large energy projects for addressing national and international cases
- Can perform an independent analysis and evaluation of different business strategies and business models in the energy sector
- Can carry out independent research on national and regional ripple effects of energy projects
General competence
- Can develop and critically assess different business solutions for energy companies
- Can discuss and communicate the academic implications of managerial situations in energy industry by relating them to mainstream and emerging debates in the research literature
- Can apply the acquired knowledge on the key challenges of energy management, both individually and in teams
- Can demonstrate competence on fundamentals of energy transition through presenting the outputs of individual and group work, both in oral and written form
Compulsory
Session based teaching on campus