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Global energy markets and systems in transition [ME2086]

Teaching Unit (for year 2): Global energy markets and systems in transition


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Face-to-face time

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Student workload

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1.5 ECTS amounts to 1 full week work
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ects

ECTS

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6
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Responsible Teacher

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Frauke URBAN
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Aims of the teaching

The course that is held by the Division of Sustainability and Industrial Dynamics at the Industrial Economics and Management Department. The course is aimed for students interested in how energy systems and markets function, what are their economic, political, climatological and technical conditions. The course design and structure aim to give course participants the best possible conditions for active learning. This includes lecture material, seminar activities, including group case solving and business game, and project activity where you can apply your knowledge.
Course contents The course treats the functioning of global energy systems. The course will deal with the relationship between the structure of the technical systems and their respective economic boundary conditions (market, pricing etc.), as well as the function and transformation of energy markets. The course contains a series of lectures with an in-depth review and analysis of conditions and driving forces behind the transformation of the intertwined global energy system from the following perspectives:
Socio-technical
economic
political
institutional
climatological
The course also offers insights into theories, concepts and tools from industrial dynamics to analyse global energy markets and technical changes in energy systems. These theories, concepts and tools will be applied in the group work.

Intended Learning outcomes (measured by the assessment)

On completion of the course the students should be able to:
Analyze the structure of the global energy system Critically discuss the mechanisms that drive systems transitions in relation to global energy markets and their implications
Evaluate theoretical concepts and current research from the field of industrial dynamics for managing technological and industrial change processes in relation to global energy markets
Write an analysis related to industrial and technological change and independently discuss problem formulations and their solutions to tackle complex change in global energy markets
Present results and conclusions based on a scientific investigation for different types of audiences

Learning activities and approach

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E-learning (online)

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read

Lectures (onsite)

30h
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tutorial

Tutorials (onsite)

6h
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Useful information

Location

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Practical work equipment

On campus activities

Other information

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Assessment method

INL1 - Assignment, 3.0 credits, Grading scale: A, B, C, D, E, FX, F
SEM2 - Seminars, 3.0 credits, Grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
The course is examined through a written examination (take-home examination) and a project work (with seminars) with a focus on the ability to critically analyze and discuss the consequences of technical and industrial processes of change from economic, political, social and ethical aspects and to independently formulate and define problems to tackle complex processes of change by means of data from various types of sources.

Prerequisites

Achieved the requirements for a Bachelor's degree ME1003 Industrial management, basic course completed.

Related literature



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