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363-1115-00L 3 Credits MSC D-ITET , D-MAVT , D-MTEC
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Energy Innovation and Management

VVZ CR n/a

Last Updated: 2026-02-05 16:23:41

Abstract

Fundamental changes, such as more decentralized energy production, sector coupling or digitalization, challenge the existing business models of organizations in the energy sector such as utilities or technology providers. This course adopts quantitative and qualitative approaches to explore innovation and managerial, organizational and decision-making aspects towards a net zero energy system.

Objective

After completing the course, students will be able to: • Understand the challenges occurring in the energy sector and that companies (in or relying on the energy sector) are facing • Understand the basics of managerial/organizational aspects in the energy sector with a particular focus on innovations • Identify and use the appropriate quantitative tools for strategic decision-making in the energy sector

Content

This course explores innovation and managerial, organizational and decision-making aspects in the energy sector for the transition towards a net zero energy system. The course is split in two parts with a quantitative and a qualitative focus, respectively. In the first part, students will learn about aspects such as the financial valuation of investment decisions and the ways that quantitative energy models of different types can be used to assist with strategic decision-making in the energy sector. Students will be introduced to two types of models: (1) techno-economic analyses of renewable energy generation and storage technologies, and (2) an energy market game, which simulates the behavior of utilities in an electricity market. This part of the course will include individual and group assignments. In the second part, guided by questions like “how does the energy industry change and why” or “how would you make the decision if you were the head of a utility”, the students will understand how firms manage innovations and why they can be difficult to manage even for established firms in the energy sector. This part of the course will be guided as an interactive case study.

General Information

Language
English
Levels
MSC
Frequency
Yearly recurring

Examination

Type
graded semester performance

Registration & Places

Limited places (Special selection)
Signup End
05.02.2023
Priority: Registration for the course unit is only possible for the primary target group

Course Components

Type Title Time & Place Hours
lecture Energy Innovation and Management
Irregular lecture
  • Fri 09:15-12:00 (LFW C 5)
  • 28.04 Date 09:15-12:00 (LFW B 3)
21 h semesterly

Offered In