Energy markets and business models

Application period is now open!

First courses start during September 2019.

Courses related to this theme will focus on flexible energy resources utilisation enabling business models, regulation, and future energy market structures.

Future operation and planning principles based on active utilisation of renewables and flexible energy resources need development of compatible business models, regulation, market, tariff and tax structures.

They are based on utilisation of renewables and flexible energy resources. Courses take strongly into account the role of different stakeholders, especially customers in order to achieve optimal solutions from the whole society’s point of view.

The study module consists of both core and supporting courses. Core courses are considered to be the most important of the module, and supporting courses offer additional information about the subject.

It is possible to study only individual courses or whole 25–30 ECTS module (in which courses from different themes can be included).

See also other study modules:

Core courses:

  • University of Vaasa: Business models for battery storages (5 ECTS)

Schedule: 3.2.–23.2.2020
Distance learning possibility: No
Prerequisite knowledge: The students are expected to be familiar with the basic technical concepts related to battery storage.
Content summary:

The course introduces students to the analysis of existing and forthcoming business models for battery energy storages and their applications through several managerially-oriented frameworks and tools to understand how companies generate and transform their business models. From such bases, participants will study how these frameworks work in the battery storage industry.

This course is practical by its nature and students will apply the existing frameworks in the analysis of particular cases. The course includes in-class teaching of the core strategy and business based analytical frameworks and tools.



Supporting courses:

  • LUT University: Electricity market (5 ECTS)

Schedule: 2.9.–18.10.2019
Distance learning possibility: Yes
Prerequisite knowledge: –
Max amount of FITech students: 30
Content summary:

This course is aimed for students interested in learning 1) how do open electricity markets work in general and in the Nordic/Baltic region in particular, 2) what have been the motivations and principles of electricity market deregulation, and 3) how does the Nordic power exchange work. This knowledge will support the decision making related to electricity market actions in strategic and operational planning of the companies and other stakeholders.


Schedule: 4.11.–20.12.2019
Distance learning possibility: Classroom teaching in Vaasa.
Prerequisite knowledge: –
Content summary:

This course is lectured at Åbo Akademi in Vaasa and offers the students knowledge related to the technical, environmental and economical issues of gas as a part of the energy supply chain.

APPLY BEFORE 23.10. >>


Want to study project management? FITech offers these courses that are also suitable with energy storage studies:

Please apply to these courses through the course link!