Energy Business
| Structure Type: | Study unit |
|---|---|
| Code: | TL00BD21 |
| Curriculum: | HY 2024T IBM 2021 / 2022 / 2023 / 2024 / 2025 IPM 2023T / 2024T |
| Level: | Master of Business Administration |
| Year of Study: | 1 (2021-2022 / 2022-2023 / 2023-2024 / 2024 / 2024-2025 / 2025-2026) |
| Semester: | Autumn / Spring |
| Credits: | 5 cr |
| Responsible Teacher: | Koskinen, Ossi |
| Language of Instruction: | English |
Courses
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3002 | IBM2021-2Y, IBM2022-1Y | 2022-08-22 – 2022-12-18 | Ossi Koskinen | Finnish | 2022-08-01 – 2022-09-06 |
| 3003 | IBM2023-1Y, TPM2023-1 | 2024-01-01 – 2024-04-30 | Ossi Koskinen, Riitta Niemelä | Finnish | 2023-12-01 – 2024-01-12 |
| 3004 | IBM2024-1Y, IPM2024T-1, TPM2024-1 | 2025-01-02 – 2025-05-02 | George Waked | Finnish | 2024-12-01 – 2025-01-12 |
The descriptions shown below are for the academic year: 2024-2025
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
none
Contents
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.
Internationality
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