Energy and Resource Industries

ENE421 Energy and Resource Industries

Spring 2022

  • Topics

    • Resource management
    • Certificates of origin for electricity
    • Fisheries and aquaculture
    • Financial and physical markets for electricity
    • Market analysis and energy portfolio management
    • Environmental issues in power production
    • Company strategy
    • Financial markets
    • Risk analysis
    • Climate regulation and carbon trading
    • Class discussion on the topics above and their common factor

  • Learning outcome


    After completing the course the students are able to understand theories and models that are actually used in real-world companies within the aquaculture sector, physical and financial market places for electricity, brokerage firms for energy, companies in derivative markets, the fishing sector, the green certificate market and the petroleum sector.


    After completing the course the students are able to apply models and methods that stem from real world companies within the ENE sector and which are used for

    • Market analysis
    • Risk management
    • Environmental evaluation
    • Sustainability analysis and rating
    • Analysis and action in derivative markets
    • Strategic decisions
    • Management of renewable resources
    • Quota trading of CO2


    General Competence

    After completing the course the students are able to

    • plan and perform projects related to various topics listed above.
    • convey the results of such projects for their peers as well as their clients and third parties.
    • discuss and solve problems related to the issues above either individually or in groups

  • Teaching

    Lectures twice a week; class discussions. Due to the Corona situation some lectures may possibly be given on Zoom. Zoom-lectures will be streamed and/or recorded.

  • Required prerequisites


  • Credit reduction due to overlap


  • Requirements for course approval

    One or two compulsory assignments during the course.

  • Assessment

    Individual home exam (100%). Duration 3 days, from 09:00 on day 1 until 14:00 on day 3.

  • Grading Scale

    A - F.

  • Literature

    To be announced later.

    Lecture notes and other material published on Canvas.

    Recommended readings: 

    A list of recommended readings (books, articles and journals) will be available on Canvas.


ECTS Credits
Teaching language

Autumn. Offered Autumn 2021.

Course responsible

Professor Stein Ivar Steinshamn, Department of Business and Management Science