The Gas & Power Business (2024/2025)

English
GRA 8519
5 Credits

Introduction

This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.

The gas and electricity sector has gone through major changes since the 1990s. These changes include deregulations of several parts of the utility industries and their evolving internationalization. Besides, climate changes issues have put a considerable public attention on these sectors.

Course content

Natural Gas Economics and Markets

Natural gas chain fundamentals: production, processing, liquefaction, storage, transportation and distribution.
Natural gas market structure: Gas monopolies in emerging markets and liberalization in mature markets, LNG.
Emergence of spot markets, price risk, and futures markets.
Natural gas marketing: netback pricing and upstream natural gas contracts (take-or-pay).

Electricity Techno-Economics

Power generation plants: fuel, gas, nuclear and renewable and electricity transmission
Total cost of electricity generation for different technologies
Network, supply/demand equilibrium, transmission and distribution
Market and institutions : liberalization, market structure, regulation and deregulation

Interdisciplinary topics

Coal industry fundamentals: coal mines, production and transportation
Nuclear industry: technologies, innovations, players and perspectives
Gas and power players: strategic perspective over major utilities
Gas and power trading: spreads, products, interconnections, and risks

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.