course-details-portlet

BEIT4011 - Experts in Teamwork - FinTech og Blockchain

About

Examination arrangement

Examination arrangement: Work
Grade: Letters

Evaluation Weighting Duration Grade deviation Examination aids
Work 100/100

Course content

Worldwide the current challenge for the energy markets is moving towards a low carbon economy. In fact, we are in the middle of the energy transition and several fields of research are challenged by this: economics, finance, operations research, engineering, physics, biology or chemistry, policy and law. The core concept of the energy transition are the renewable energies and the need for their flexible integration that also requires new market designs. We witness a shift from traditional power generation technologies towards greener production sources, which has implications on the activity and investing incentives for the gas and oil firms and with significant side effects on other linked agricultural commodities. In addition, we deal with regulatory uncertainty affecting coal and CO2 emissions markets. Renewables are fed with priority into the power grid, which poses significant challenges for the production planning of traditional power producers, causes boundedness of electricity grids and require the move towards market integration. The volatile renewable energies pose significant challenges for pricing and require the development of modern storage systems. Incentives to invest in renewables have been supported by subsidies that differ significantly across countries. Subsidies should not be judged in isolation, but they should emerge from a complex picture which includes economic (demand/supply market specific factors), technical (development of new storage systems, enhancement of electricity grids), biology, physics and chemistry-related aspects (biofuels, research innovation on green energies). Ultimately, meeting greener energy targets starts at the level of private households, so living bio is also an invited topic of debate.

Relevant expertise: Challenges posed by the energy transition should be judged from several perspectives; hence, students from all NTNU Faculties are very welcome to this EiT village. We will debate on the state of the art taking into account the interdisciplinary characteristic of the energy field and take the opportunity to come up with solutions to design meaningful future energy targets. The joint work of economists, engineers, physicists and chemists as well as biologists and political scientists, among others, will be fundamental to design the energy transition. This village is cooperating with energy firms in Norway and abroad that will be invited to interact with students and help defining real-world problems, among others.

For further information, see www.ntnu.edu/eit and www.ntnu.edu/eit/course-description

Learning methods and activities

Semesterbased

Compulsory assignments

  • Oral presentation
  • Attended all course days
  • Preparation of a cooperation agreement

Specific conditions

Compulsory activities from previous semester may be approved by the department.

More on the course

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Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  SPRING 2022

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
Contact information
Course coordinator:

Department with academic responsibility
NTNU Business School

Examination

Examination arrangement: Work

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Spring ORD Work 100/100 INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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