Management decisions in the energy sector require profound understanding of the sector’s technical, economic, legal, and entrepreneurial peculiarities. Climate change, economic changes, public opinion, technological progress and regulation shape and limit the entrepreneurial leeway, but also offer often unforseen chances and opportunities. The industry therefore requires broadly skilled individuals who are experts in the field.
The master programme is taught over a period of three semesters. The first semester covers the technical, economic, entrepreneurial and legal foundations for management decisions in the energy sector; the second semester deepens this view and looks at business practises, primarily of grid-based utilities, and investment; the third semester broadens the view while simultaneously focusing on practise according to student’s individual interests. All semesters include lectures, tutorials, seminars as well as excursions, online materials related to practice and extracurricular activities. The master thesis due in the third semester concludes the programme.
1. Technical Fundamentals This module deepens student’s knowledge of energy technologies and systems in the framework of today’s changing world. Prof. Dr.-Ing. Joachim Müller-Kirchenbauer
2. Economic Foundations This module presents the economic basics for the understanding of energy markets and their regulation, the framework for operational Energy Management. Prof. Dr. Georg Erdmann
3. Strategic Leadership and Global Management This module presents the foundations of strategic management and discusses basic tools and applications in the context of the Energy industry. Prof. Dr. Dodo zu Knyphausen-Aufseß
4. Energy Law This module presents the legal framework of today’s Energy Markets on the global scale, the EU plane and Germany. Prof. Dr. Dr. Dres. h.c. Franz Jürgen Säcker
5. Power Grids This module deals with the technical and managerial challenges of grid management in a changing energy environment, with a focus on transformation processes between different forms and sources of energy and the novel developments in demand response, IT, and metering. Prof. Dr. Kai Strunz
6. Energy Economy and Energy Business This module looks at energetic aspects of enterprises and the implications of the changing energy landscape for industrial organisations. How to engineer efficiency and manage engineering efficiently, given changing energy markets and legal conditions? Prof. Dr.-Ing. Joachim Müller-Kirchenbauer
7. Investments in Grids, Storage and Power Plants This module looks at energy infrastructure from a financial point of view. Grids, storage facilities and power plants are large-scale long-term investments of national, if not international, scope and importance. How are such projects financed, how can they be insured, how can their risk be assessed, etc. Prof. Dr. Christian von Hirschhausen
8a. Building Energy Efficiency (compulsory elective) In this sub-module, students look at physical projects and products such as buildings, plants, city planning, etc. and apply the knowledge gained in prior modules in practise. Prof. Dr.-Ing. Joachim Müller-Kirchenbauer
8b. Technology and Innovation Management (compulsory elective) In this sub-module students look at innovations, team building, management processes, administrative, financial or theoretical issues in a specific practical context. Prof. Dr. Jan Kratzer