Introduction
This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.
Energy transition is not just inevitable but is fully underway. That said, traditional Oil & Gas companies derive current profit from existing revenue streams in oil and gas while simultaneously needing to invest in renewable, sustainable solutions for the future. For public companies, the pressures from shareholders for measurable financial returns in the near term can be at odds with demands from other stakeholders advocating for future solutions aimed at reducing impact and targeting the long-term health of the planet and the people in it. New ventures bring innovative ideas that are often close to breakthrough science and technology but usually lack sufficient resources to scale and grow, either on their own or in partnership with large corporates. In order to achieve these disparate goals, multiple players in the ecosystem are called upon to act with entrepreneurial ingenuity as unique players and in tandem.
Through lecture and active discussion, this course will offer participants the opportunity to understand the role of entrepreneurial approaches to sustainable solutions in startups and large corporates in the energy industry. The course will provide comprehensive treatment of distinct facets of the energy ecosystem involved in driving technological and business model innovation through the combination of capital, innovation, and vision and leadership.