Energy markets and business models

FITech offers courses on energy storages that answer to the increasing need of energy storage professionals.

Courses related to “Enery markets and business models” 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.

Courses are based on utilisation of renewables and flexible energy resources. They 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).

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!

See also other study modules:

Courses included in the programme:

= Contact learning
= Online learning
= Blended learning (online & contact learning)
LUT University: Electricity market, 5 ECTS. 2.9.–18.10.2019.

Apply before Aug 21, 2019

Max amount of FITech students: 30

Language: English

This is a supporting course.

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.

Responsible teacher: Samuli Honkapuro (samuli.honkapuro(at)

More info >>

Åbo Akademi: Introduction to gas economy, 5 ECTS. 4.11.–20.12.2019.

Apply before Oct 23, 2019

Language: English

This is a supporting course.

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.

The aim of the course is to provide the student with the basic knowledge in the gas-related field. The goal is to examine the role of gas in the energy supply chain, realise how gas fuels can cooperate with other energy systems and understand why gas is an interesting fuel and why it is increasingly used, both at sea and on land.

Responsible teacher: Margareta Björklund-Sänkiaho (margareta.bjorklund-sankiaho(at)

More info >>

University of Vaasa: Business models for battery storages, 5 ECTS. 3.2.–23.2.2020.

Apply before Jan 21, 2020

Language: English

This is a core course.

Prerequisites: The students are expected to be familiar with the basic technical concepts related to battery storage.

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.

Responsible teacher: Rodrigo Rabetino (rodrigo.rabetino.sabugo(at)

Further information:

Åbo Akademi

Mikko Helle (mikko.helle(at)

LUT University

Katja Hynynen (katja.hynynen(at)

University of Vaasa

Hannu Laaksonen (hannu.laaksonen(at)

Contact person, applications:

Pilvi Lempiäinen (pilvi.lempiainen(at)

Type of study unit

Set of courses

Teaching semester


Host university

LUT University, University of Vaasa, Åbo Akademi

Open for degree student


Open for non-student


Teaching methods

Online or contact learning

Place of contact learning


Programme suitable for

Future energy storage professionals



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