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Energy Business

Structure Type: Study unit
Code: TL00BD21
Curriculum: HY 2024T
Level: Master of Business Administration
Year of Study: 1 (2024)
Semester: Spring
Credits: 5 cr
Responsible Teacher: Koskinen, Ossi
Language of Instruction: English

Courses During the Year 2024

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3003IBM2023-1Y, TPM2023-12024-01-01 – 2024-04-30Ossi KoskinenFinnish2023-12-01 – 2024-01-12

Learning Outcomes

The student understands the basics of energy business at different stages of the energy chain (source, production, distribution, and consumption). The student is familiar with the opportunities and limitations of the renewable energy business. After the course, the student also understands the main principles when selling electricity or heat.

Student's Workload

24 hours of lectures and assignments and 111 hours for readings other independent studies.

Prerequisites / Recommended Optional Courses



Energy sources and most common power plant types
Distribution of electricity (including Smart Grids)and heat
Energy consumption including demand response + energy storage options
Electricity and capacity markets in Finland

Regional Impact

The course provides an understanding of the business environment of the Vaasa Energy cluster companies.


The multicultural setting of the course encourages the internationalization of both domestic and foreign students.

Recommended or Required Reading and Other Learning Resources/Tools

The material is named by the teacher at the beginning of the course.

Mode of Delivery / Planned Learning Activities and Teaching Methods

24 hours of lectures and assignments and 111 hours for readings other independent studies.

Assessment Criteria

5 Utilize theories, concepts, and methods consistently in various situations
3 Utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based
1 Recognize and understand the essential theories, principles, and methods

Assessment Methods

Participation in lectures and workshops
Final exam
Course Assignment